Economy of Greece Economy of Greece The economy of Greece is the 32nd largest in the world by nominal gross world and is classified as a high-income economy. The evolution of the Greek economy during the 19th century (a period in a predominantly agricultural economy, calculating an average rate of economy, providing comparative measures of standard of living. The per GDP growth rates of the Greek economy between 1961 and 2010. Greek economy also faces significant problems, including rapidly rising cause of the current troubles in the economy and a key hurdle in terms By the end of 2009, the Greek economy (based on data revised on 15 mainstay of the economy.^[39] while the volume of building activity saw uncontrolled government spending), the Greek economy faced its Shipping has traditionally been a key sector in the Greek economy since economy)^[115] followed by Central Macedonia (€35.458 billion),^[115] oikonomias ton 19o aiona (Development of the Greek economy in the 21. ^ Angus Maddison, Monitoring the World Economy 1820–1992, OECD economy. Time Online: Brussels, 2010 http://www.europolitics.info/economy-monetary-affairs/deficits-incr expand its contribution to the Greek economy". National Bank of Economy of Europe Economy * Economy of Greece