Value Added Deflator (Manufacturing) — Value Standard Local Currency in Greece
Greece: Value Added Deflator (Manufacturing) — Value Standard Local Currency was -2.23 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Greece, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greece recorded -2.23 % change on previous year for value added deflator (manufacturing) — value standard local currency in 2023.
That represents a change of down 115.4% on the previous year and down 198.1% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Greece peaked at 24.33 % change on previous year in 1980 and was at its lowest, -9.26 % change on previous year, in 2009.
That places Greece 175th out of 209 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Greece, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.8 % change on previous year | — |
| 1972 | 3.31 % change on previous year | +83.3% |
| 1973 | 18.32 % change on previous year | +454.0% |
| 1974 | 22.59 % change on previous year | +23.3% |
| 1975 | 9.1 % change on previous year | -59.7% |
| 1976 | 12.82 % change on previous year | +40.9% |
| 1977 | 11.26 % change on previous year | -12.2% |
| 1978 | 8.54 % change on previous year | -24.2% |
| 1979 | 18.18 % change on previous year | +112.9% |
| 1980 | 24.33 % change on previous year | +33.8% |
| 1981 | 22.02 % change on previous year | -9.5% |
| 1982 | 19.55 % change on previous year | -11.2% |
| 1983 | 21.16 % change on previous year | +8.2% |
| 1984 | 20.73 % change on previous year | -2.0% |
| 1985 | 18.22 % change on previous year | -12.1% |
| 1986 | 20.69 % change on previous year | +13.6% |
| 1987 | 9.64 % change on previous year | -53.4% |
| 1988 | 13.23 % change on previous year | +37.2% |
| 1989 | 14.72 % change on previous year | +11.3% |
| 1990 | 15.25 % change on previous year | +3.6% |
| 1991 | 15.77 % change on previous year | +3.4% |
| 1992 | 13.55 % change on previous year | -14.0% |
| 1993 | 19.42 % change on previous year | +43.3% |
| 1994 | 6.82 % change on previous year | -64.9% |
| 1995 | 4.45 % change on previous year | -34.7% |
| 1996 | 6.65 % change on previous year | +49.3% |
| 1997 | -0.3193 % change on previous year | -104.8% |
| 1998 | 2.71 % change on previous year | -949.3% |
| 1999 | 2.4 % change on previous year | -11.5% |
| 2000 | 3.84 % change on previous year | +60.0% |
| 2001 | 2.36 % change on previous year | -38.5% |
| 2002 | 0.1768 % change on previous year | -92.5% |
| 2003 | -0.0948 % change on previous year | -153.6% |
| 2004 | 5.83 % change on previous year | -6252.5% |
| 2005 | -0.8723 % change on previous year | -115.0% |
| 2006 | 8.78 % change on previous year | -1106.8% |
| 2007 | 2.99 % change on previous year | -66.0% |
| 2008 | 10.57 % change on previous year | +254.2% |
| 2009 | -9.26 % change on previous year | -187.5% |
| 2010 | 2.91 % change on previous year | -131.4% |
| 2011 | 4.96 % change on previous year | +70.3% |
| 2012 | -1.62 % change on previous year | -132.7% |
| 2013 | 2.27 % change on previous year | -239.9% |
| 2014 | -3.49 % change on previous year | -253.9% |
| 2015 | 6.57 % change on previous year | -288.2% |
| 2016 | 0.7 % change on previous year | -89.4% |
| 2017 | -3.18 % change on previous year | -554.4% |
| 2018 | -3.29 % change on previous year | +3.4% |
| 2019 | -3.73 % change on previous year | +13.3% |
| 2020 | -2.61 % change on previous year | -30.1% |
| 2021 | -0.1272 % change on previous year | -95.1% |
| 2022 | 14.45 % change on previous year | -11452.2% |
| 2023 | -2.23 % change on previous year | -115.4% |
Greece compared with similar countries
- Greece's -2.23 % change on previous year is below the median for high income countries, which is 4.9 % change on previous year. (68 countries reporting)
- Greece's -2.23 % change on previous year is below the median for Europe & Central Asia, which is 5.11 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2022 | +11452.2% | -0.1272 % change on previous year | 14.45 % change on previous year |
| 2004 | +6252.5% | -0.0948 % change on previous year | 5.83 % change on previous year |
| 2006 | +1106.8% | -0.8723 % change on previous year | 8.78 % change on previous year |
| 1998 | +949.3% | -0.3193 % change on previous year | 2.71 % change on previous year |
| 2017 | -554.4% | 0.7 % change on previous year | -3.18 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.77 % change on previous year | 1.8 % change on previous year | 22.59 % change on previous year | 9 |
| 1980s | 18.43 % change on previous year | 9.64 % change on previous year | 24.33 % change on previous year | 10 |
| 1990s | 8.67 % change on previous year | -0.3193 % change on previous year | 19.42 % change on previous year | 10 |
| 2000s | 2.43 % change on previous year | -9.26 % change on previous year | 10.57 % change on previous year | 10 |
| 2010s | 0.21 % change on previous year | -3.73 % change on previous year | 6.57 % change on previous year | 10 |
| 2020s | 2.37 % change on previous year | -2.61 % change on previous year | 14.45 % change on previous year | 4 |
Countries ranked near Greece
- 172 Palestine -2.07 % change on previous year compare
- 173 Senegal -2.15 % change on previous year compare
- 174 Bahamas -2.2 % change on previous year compare
- 176 Cabo Verde -2.59 % change on previous year compare
- 177 Mali -2.71 % change on previous year compare
- 178 Finland -2.74 % change on previous year 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 value added deflator (manufacturing) — value standard local currency in Greece?
- Value added deflator (manufacturing) — value standard local currency in Greece was -2.23 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Greece?
- The highest recorded value was 24.33 % change on previous year in 1980.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Greece?
- The lowest recorded value was -9.26 % change on previous year in 2009.
- How does Greece rank for value added deflator (manufacturing) — value standard local currency?
- Greece ranks 175th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Greece?
- Over the last ten years it is down 198.1%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.