Machinery and transport equipment in Greece
Greece: Machinery and transport equipment was 8.4% in 2023. ▲ Rising
Machinery and transport equipment in Greece, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, machinery and transport equipment in Greece stood at 8.4%.
The figure is up 13.6% on the previous year and down 8.9% over ten years.
Over the whole period, machinery and transport equipment in Greece peaked at 12.3% in 2001 and was at its lowest, 6.4%, in 1987.
That places Greece 73rd out of 149 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Machinery and transport equipment in Greece, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 7.9% | — |
| 1964 | 7.9% | +0.7% |
| 1965 | 7.8% | -1.2% |
| 1966 | 7.2% | -7.5% |
| 1967 | 6.8% | -5.6% |
| 1968 | 8.3% | +21.8% |
| 1969 | 6.8% | -17.8% |
| 1970 | 7.1% | +3.7% |
| 1971 | 7.9% | +10.9% |
| 1972 | 7.4% | -5.4% |
| 1973 | 7.5% | +1.4% |
| 1974 | 7.5% | -0.2% |
| 1975 | 8.4% | +11.4% |
| 1976 | 9.4% | +12.7% |
| 1977 | 9.3% | -1.4% |
| 1978 | 9.3% | +0.2% |
| 1979 | 9.4% | +0.4% |
| 1980 | 9.4% | +0.7% |
| 1981 | 10.2% | +8.5% |
| 1982 | 8.7% | -14.8% |
| 1983 | 7.8% | -10.7% |
| 1984 | 7.5% | -3.2% |
| 1985 | 7.5% | -0.5% |
| 1986 | 6.5% | -14.0% |
| 1987 | 6.4% | -0.4% |
| 1988 | 6.5% | +0.5% |
| 1989 | 7.4% | +15.3% |
| 1990 | 7.1% | -4.5% |
| 1991 | 7.6% | +6.7% |
| 1992 | 6.6% | -13.3% |
| 1993 | 10.7% | +62.5% |
| 1994 | 10.6% | -0.8% |
| 1995 | 10.3% | -3.3% |
| 1996 | 11.1% | +8.3% |
| 1997 | 10.9% | -2.0% |
| 1998 | 11.4% | +4.5% |
| 1999 | 11.6% | +2.0% |
| 2000 | 11.6% | +0.0% |
| 2001 | 12.3% | +5.8% |
| 2002 | 12.3% | +0.0% |
| 2003 | 11.8% | -4.1% |
| 2004 | 10.5% | -10.5% |
| 2005 | 9.0% | -14.7% |
| 2006 | 10.4% | +15.9% |
| 2007 | 10.3% | -1.2% |
| 2008 | 10.6% | +2.8% |
| 2009 | 9.8% | -7.4% |
| 2010 | 8.8% | -10.2% |
| 2011 | 9.3% | +5.1% |
| 2012 | 9.3% | +0.3% |
| 2013 | 9.2% | -0.4% |
| 2014 | 9.3% | +0.3% |
| 2015 | 8.3% | -10.7% |
| 2016 | 7.0% | -15.8% |
| 2017 | 7.3% | +5.0% |
| 2018 | 7.0% | -4.1% |
| 2019 | 8.0% | +14.1% |
| 2020 | 9.6% | +20.1% |
| 2021 | 7.9% | -17.9% |
| 2022 | 7.4% | -6.2% |
| 2023 | 8.4% | +13.6% |
Greece compared with similar countries
- Greece's 8.4% is below the median for high income countries, which is 20.4%, 41% of the median. (56 countries reporting)
- Greece's 8.4% is below the median for Europe & Central Asia, which is 18.9%, 45% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +62.5% | 6.6% | 10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.5% | 6.8% | 8.3% | 7 |
| 1970s | 8.3% | 7.1% | 9.4% | 10 |
| 1980s | 7.8% | 6.4% | 10.2% | 10 |
| 1990s | 9.8% | 6.6% | 11.6% | 10 |
| 2000s | 10.9% | 9.0% | 12.3% | 10 |
| 2010s | 8.4% | 7.0% | 9.3% | 10 |
| 2020s | 8.3% | 7.4% | 9.6% | 4 |
Countries ranked near Greece
- 70 Venezuela, Bolivarian Republic of 8.9% compare
- 71 Papua New Guinea 8.8% compare
- 72 Azerbaijan 8.6% compare
- 74 Congo, Democratic Republic of the 7.8% compare
- 74 Congo 7.8% compare
- 76 Iran, Islamic Republic of 7.8% compare
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is machinery and transport equipment in Greece?
- Machinery and transport equipment in Greece was 8.4% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Greece?
- The highest recorded value was 12.3% in 2001.
- What is the lowest machinery and transport equipment recorded in Greece?
- The lowest recorded value was 6.4% in 1987.
- How does Greece rank for machinery and transport equipment?
- Greece ranks 73rd out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Greece?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).