The total 2024 turnover of businesses operating in Greece in the sectors of industry, construction, trade and services amounted to 447.5 billion euros, while production value and gross value added amounted to 300.6 and 114.2 billion euros, respectively, ELSTAT reports.
As regards the labor inputs of businesses, they numbered 3.6 million employed persons, of whom 2.7 million were employees.
The expenditures of businesses for purchases of goods and services in the context of their activity during 2024 amounted to 352.4 billion euros, of which 165.8 billion euros concerned purchases of goods and services for the purpose of their resale in the condition in which they were received, without processing. Businesses made investments amounting to 21.3 billion euros during 2024.
Number of businesses
During 2024, a total of 966,366 businesses were active in Greece in the sectors of industry, construction, trade and services. The sector with the largest number of businesses was wholesale and retail trade with 220,588 businesses, which constitute 22.8% of the total number of businesses.
The sector with the largest increase in the number of businesses between 2023-2024 was real estate management (15.2%), while the sector with the largest decrease was wholesale and retail trade (-1.1%).
Turnover
Regarding the total turnover recorded by businesses in 2024, the wholesale and retail trade sector held the largest share with a percentage of 37.5% and 167.7 billion euros. The sector with the largest increase in turnover between 2023-2024 was construction (24.1%) while there was no decrease in turnover in any sector.
Gross Value Added
The sector that contributed the largest gross value added to the Greek economy during 2024 was wholesale and retail trade with 22.3 billion euros (19.6%). The sector with the largest increase in value added between 2023-2024 was real estate management (32.2%), while the sector with the largest decrease (-39.7%) was mining and quarrying.
Employment
In employment figures, the wholesale and retail trade sector held first place in 2024 with 846,889 employed persons (23.3%). The sector with the largest increase in the number of employed persons between 2023-2024 was real estate management (14.6%), while the sector with the largest decrease (-10.3%) was education.
Productivity
Regarding productivity, which is defined as gross value added per employed person, it increased by 7.4% in the economy as a whole between 2023-2024. The sector showing the largest increase in productivity between 2023-2024 is education (18.4%) and the sector showing the largest decrease in productivity (-36.0%) is mining and quarrying.