SouthAmerica
Registered: May 2005
Posts: 4059 |
06-19-12 12:29 PM
June 19, 2012
SouthAmerica: I had listed above the GDP growth rate of Greece as follows:
GDP – real growth rate
-7% (2011 est.)
-8% (2012 est.)
-5% (2013 est.)
I wast watching Bloomberg TV a few minutes ago, and a Bloomberg news reporter was reporting from Greece, and he said that the Greek economy shrunk by 9.5 percent in 2011, and in 2012 the shrinkage it is even worse.
GDP – real growth rate (revised figures)
-9.5 % (2011)
-10 % (2012 est.)
-8 % (2013 est.)
GDP (official exchange rate) (revised figures)
US $ 312 billion (2011 est.)
US $ 280 billion (2012 est.)
US $ 258 billion (2013 est.)
The Greek economy is imploding faster than most people realized.
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