Greece - Industry





Greece Industry 1610
Photo by: David H. Seymour

Manufacturing, which now ranks ahead of agriculture as an income earner, has increased rapidly owing to a vigorous policy of industrialization. However, Greek industry must rely on imports for its raw materials, machinery, parts, and fuel. Greece has only a rudimentary iron and steel industry and does not manufacture basic transport equipment, such as cars and trucks. Industry is concentrated in the Athens area.

Chief industries in 1995 accounted for the following proportions of manufacturing's share of the GDP: food, beverages and tobacco, 25%; metals and metals manufactures, machinery and electrical goods, 17%; chemicals, 13%; textiles, 18%; nonmetallic minerals, 6%; and transport equipment, 4.3%. Although the government controls certain basic industries, such as electric power and petroleum refining, most industry is privately owned. The portion of government-controlled industries is declining as the state divests itself of substantial control over key holdings such as Olympic Airways and the telecommunications company, OTE.

The industrial sector accounted for 13% of GDP in 2001, and it grew by 5% in 2000. Food production increased by 3.6% in 2000, and the production of chemicals rose by 1.7%. Due to an increase in housing construction, cement production rose 1.5%, and construction as a whole rose 9% in 2001. High technology equipment is a growth sector, as is the production of electrical machinery (up 18.3% in 2000), and office machinery and computers (up 13.6% in 2000). Greek ship owners committed to invest close to $2 billion in new shipbuilding in 2002. Industrial production as a whole was forecast to grow 3.8% in 2003.

User Contributions:

Emily Torista
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Oct 6, 2009 @ 4:16 pm
A cool article very good and helped me with my project
Tay(:
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Jan 27, 2010 @ 12:12 pm
Thanks so much really helped me with my final for world geo.
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Mar 8, 2010 @ 3:15 pm
Thanks for the help on my report! I needed this for world history!
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Mar 25, 2010 @ 7:19 pm
This article is awesome!! It helped soo much!! I was looking everywhere for information like this, and I'm glad I finally found it
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May 12, 2010 @ 9:09 am
thanks for helping my with my project it helped me alot :)
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May 18, 2010 @ 10:10 am
This article helped me a lot with my project. Thanks a lot! Bye!
Esther
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Nov 19, 2010 @ 1:01 am
Thankx so much. It has helped me so much on my project that i probably will get an A++. I really enjoyed reading it and learning about Greece. This article should be posted everywhere
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Nov 21, 2010 @ 12:12 pm
What is the industry in greece i need all the thing about it
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Mar 1, 2011 @ 9:09 am
thanks for helping me with my final government project
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Mar 7, 2011 @ 5:17 pm
omg this helped me so much with my cultural awarness projectthnx all you people out there 8-)
11111112
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Apr 5, 2011 @ 4:04 am
thank you for this information,it has helped alot :)
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Sep 10, 2011 @ 4:16 pm
THIS ARTICLE REALLY HELPS. IT TALKS ABOUT THE GREEK INDUSTRY AND HELPS ME PERSONALLY. I NEEDED IT FOR MY I.T.C CLASSES.
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Nov 8, 2011 @ 9:09 am
this did not help me at all and it was waste of my wonderful time and thank you for nothing
dakota
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Dec 2, 2011 @ 12:00 am
thank you so much it helped me alot with my project
Angelica=)
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Jan 9, 2012 @ 8:20 pm
Thanks so much this article really helped with my project =) =)
khaja
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Jan 18, 2012 @ 9:09 am
i need the major industries in greece. and this major export products.
Lexi
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Feb 18, 2012 @ 9:09 am
This really helped me! Thank you so much!! I needed this for my World Geography class.
Tykeia
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Mar 8, 2012 @ 9:09 am
This helped me alot i needed this for my World Geography class thank you!!!
23 jordan
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May 17, 2012 @ 3:15 pm
thanks alot this really helped me on my project in english(:
Mac
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Nov 19, 2012 @ 5:17 pm
Wow! This really helped me for my project in my geography class!
jose
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Dec 6, 2012 @ 8:20 pm
thanx so much it really helped me out with my project!!!
Michael
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Dec 31, 2012 @ 9:09 am
Good article it really helped in my geo class learning about the Greeks industrial region! Thanks ! :)
Vipul Sharma
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Jul 2, 2014 @ 10:10 am
It helped me very much in completing my history group project for the topic industrailization of athens

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