HELLENIC REPUBLIC
HELLENIC STATISTICAL AUTHORITY
Piraeus, 15 January 2021
PRESS RELEASE
EVOLUTION OF TURNOVER OF ENTERPRISES UNDER SUSPENSION OF OPERATION
DUE TO THE PANDEMIC OF THE CORONA VIRUS DISEASE 2019 (COVID-19)
NOVEMBER 2020
The Hellenic Statistical Authority (ELSTAT) announces data on the evolution of turnover of the enterprises that were under suspension of operation in March 2020, on the basis of state order, due to the pandemic of the corona virus disease 2019 (COVID-19) (corresponding link, available only in Greek, KAD of closed enterprises).
Moreover, additional discrete data and comparative graph are announced for the enterprises that were under suspension of operation in November 2020, on the basis of state order, for the limitation of the dispersion of the corona virus (COVID-19) (corresponding links, available only in Greek, Government Gazette Β'/4899/06.11.2020and List of KAD under suspension of operation).
The current publication is a sequel of the relevant Press Releases published by ELSTAT (PR link), incorporating the most recent data on turnover from Administrative Sources for November 2020. Similar publications have been planned and are issued on a monthly basis, during the whole period in which the recording of the impact of COVID-19 on the performance of Greek enterprises that were under suspension of operation in the framework of the confinement measures remains relevant and warranted.
In addition, starting from the Press Release published in June 2020, tables and graphs presenting aggregated turnover data for all enterprises and sectors of the economy throughout the period under review have been incorporated, as a comparative basis for the assessment of the effects of COVID-19 pandemic, in terms of turnover rates of change, in total and by sector.
The purpose served by these publications is to both monitor and present the evolution of the basic economic concept of interest (turnover from Administrative Sources) for the enterprises under suspension of operation, in distinct periods ranging from the beginning of the current year, during the whole period of the implementation of the confinement measures and during the period of the gradual lifting of these measures, as well as in comparison with the corresponding months of 2019.
The published data can on the one hand highlight, which enterprises suffer more in terms of turnover decrease during the implementation period of the confinement measures and on the other hand the relative speed at which enterprises recovered upon the gradual lifting of these measures.
Moreover, on the basis of the published data, it can be concluded from the supply side, which enterprises responded - adapted faster to the lifting of the confinement measures and to the operation under the newly imposed conditions due to the pandemic. In parallel, from the demand side, useful conclusions can be drawn indirectly as regards the enterprises that were chosen in priority and more massively by the consumers (natural persons and enterprises) from the beginning of the lifting of the confinement measures, in order to satisfy their basic and other needs.
Information on methodological issues:Business Statistics Division Registers and Big Enterprises Section Head of Section: Adamantia Georgostathi Tel.: +30 213 135 2043
e-mail:a.georgostathi@statistics.gr
Information on data provision:Tel.: +30 213 135 2022, 2308, 2310 E-mail:data.dissem@statistics.gr
More specifically,
Concerning the enterprises and the activities of the economy as a whole, the turnover in the third quarter 2020 amounted to 69,807,414 thousand euro, recording a decrease of 15.8% in comparison with the third quarter 2019, when the respective turnover was 82,914,982 thousand euro. The largest increase in turnover per 10.6% in the third quarter 2020 compared with the third quarter 2019 was recorded from the enterprises of the section Public Administration and Defense; Compulsory Social Security. The largest decrease in turnover per 50.4% in the third quarter 2020 compared with the third quarter 2019 was recorded from the enterprises of the section Accommodation and Food Service Activities, while the smallest decrease in turnover per 0.8% was recorded from the enterprises of Mining and Quarrying section (Table 1a).
For the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in November 2020 amounted to 17,621,459 thousand euro, recording a decrease of 8.4% in comparison with November 2019, when the respective turnover was 19,231,941 thousand euro. The largest increase in turnover per 8.9% in November 2020 compared with November 2019 was recorded from the enterprises of the section Water Supply, Sewerage, Waste Management and Remediation Activities. The largest decrease in turnover per 65.1% in November 2020 compared with November 2019 was recorded from the enterprises of the section Arts, Entertainment and Recreation, while the smallest decrease in turnover per 2.5% was recorded from the enterprises of Electricity, Gas, Steam and Air Conditioning Supply (Table 1b).
From the 205,984 enterprises that were under suspension of operation in March 2020, the turnover in the third quarter 2020 amounted to 7,102,002 thousand euro, recording a decrease of 33.1% in comparison with the third quarter 2019, when the respective turnover was 10,610,210 thousand euro. The largest increase in turnover per 2.2% in the third quarter 2020 compared with the third quarter 2019 was recorded from the enterprises of the activity class Education. The largest decrease in turnover per 61.6% in the third quarter 2020 compared with the third quarter 2019 was recorded from the enterprises of the activity classes Accommodation and Motion picture, video and television programme production, sound recording and music publishing activities, while the smallest decrease in turnover per 6.5% was recorded from the enterprises of the activity class Social work activities without accommodation (Table 2a).
For the enterprises under suspension of operation in March 2020, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in November 2020 amounted to 676,915 thousand euro, recording a decrease of 50.7% in comparison with November 2019, when the respective turnover was 1,372,768 thousand euro. An increase in turnover per 69.6% in November 2020 compared with November 2019 was recorded from the enterprises of the activity class Sports activities and amusement and recreation activities. The largest decrease in turnover per 92.9% in November 2020 compared with November 2019 was recorded from the enterprises in the activity class Motion picture, video and television programme production, sound recording and music publishing activities, while the smallest decrease in turnover per 5.1% was recorded from the enterprises in the activity class Education (Table 2b).
In comparison with the enterprises that were under suspension of operation in March 2020, in November 2020 were additionally under suspension of operation 41 enterprises of the activity class Travel agency, tour operator and other reservation service and related activities and 737 enterprises of the activity class Human health activities. Data on the evolution of the turnover of these classes are presented in table 2c. In November 2020, in comparison to March 2020, 25,591 enterprises of the activity class Accommodation were not under suspension of operation.
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Table 1a. Turnover (in thousand €), from Administrative Sources, for the Total of Enterprises in the Greek Economy (Statistical Business Register, year 2017), per section of Economic Activity (NACE Rev. 2)
Turnover | Rates of Change | ||||||||||||||||||||||||||||
NUMBER OF ENTERPRISES | (%) | ||||||||||||||||||||||||||||
(in thousand €) | |||||||||||||||||||||||||||||
2020/2019 | |||||||||||||||||||||||||||||
ECONOMIC ACTIVITY | Under suspension of | ||||||||||||||||||||||||||||
Total | operation | 2nd Quarter | 3rd Quarter | 2nd Quarter | 3rd Quarter | 2nd | 3rd | ||||||||||||||||||||||
March | November | 2019 | 2019 | 2020 | 2020 | Quarter | Quarter | ||||||||||||||||||||||
2020 | 2020 | ||||||||||||||||||||||||||||
A: Agriculture, Forestry | 528,632 | 1,513,172 | 1,471,603 | 1,461,869 | 1,542,994 | -3.4 | 4.9 | ||||||||||||||||||||||
and Fishing | |||||||||||||||||||||||||||||
B: Mining and Quarrying | 625 | 233,731 | 205,880 | 183,854 | 204,191 | -21.3 | -0.8 | ||||||||||||||||||||||
C: Manufacturing | 58,300 | 16,789,774 | 16,405,864 | 13,161,501 | 14,307,449 | -21.6 | -12.8 | ||||||||||||||||||||||
D: Electricity, Gas, Steam | |||||||||||||||||||||||||||||
and Air Conditioning | 7,326 | 4,119,678 | 4,646,414 | 3,523,077 | 3,726,873 | -14.5 | -19.8 | ||||||||||||||||||||||
Supply | |||||||||||||||||||||||||||||
E: Water Supply, Sewerage, | |||||||||||||||||||||||||||||
Waste Management and | 1,970 | 512,229 | 465,707 | 412,068 | 489,494 | -19.6 | 5.1 | ||||||||||||||||||||||
Remediation Activities | |||||||||||||||||||||||||||||
F: Construction | 62,749 | 2,429,755 | 2,365,705 | 1,896,706 | 2,293,024 | -21.9 | -3.1 | ||||||||||||||||||||||
G: Wholesale and Retail | |||||||||||||||||||||||||||||
Trade; Repair of Motor | 234,733 | 59,838 | 62,783 | 31,484,040 | 32,010,893 | 25,559,252 | 29,832,817 | -18.8 | -6.8 | ||||||||||||||||||||
Vehicles and Motorcycles | |||||||||||||||||||||||||||||
H: Transportation and | 61,152 | 4,301,832 | 4,913,025 | 2,581,621 | 3,374,799 | -40.0 | -31.3 | ||||||||||||||||||||||
Storage | |||||||||||||||||||||||||||||
I: Accommodation and | 111,780 | 92,272 | 67,293 | 3,293,218 | 6,332,920 | 697,411 | 3,138,805 | -78.8 | -50.4 | ||||||||||||||||||||
Food Service Activities | |||||||||||||||||||||||||||||
J: Information and | 17,020 | 180 | 183 | 3,493,562 | 2,767,319 | 2,623,656 | 2,691,078 | -24.9 | -2.8 | ||||||||||||||||||||
Communication | |||||||||||||||||||||||||||||
K: Financial and Insurance | 16,717 | 3,431,703 | 3,598,030 | 2,042,785 | 1,901,422 | -40.5 | -47.2 | ||||||||||||||||||||||
Activities | |||||||||||||||||||||||||||||
L: Real Estate Activities | 9,673 | 484,552 | 539,050 | 353,813 | 413,103 | -27.0 | -23.4 | ||||||||||||||||||||||
M: Professional, Scientific | 138,195 | 250 | 229 | 2,450,671 | 2,269,169 | 2,082,209 | 2,189,447 | -15.0 | -3.5 | ||||||||||||||||||||
and Technical Activities | |||||||||||||||||||||||||||||
N: Administrative and | 20,183 | 2,208 | 2,766 | 1,834,873 | 2,445,051 | 887,361 | 1,368,664 | -51.6 | -44.0 | ||||||||||||||||||||
Support Service Activities | |||||||||||||||||||||||||||||
O: Public Administration | |||||||||||||||||||||||||||||
and Defense; Compulsory | 989 | 96,915 | 101,332 | 96,414 | 112,070 | -0.5 | 10.6 | ||||||||||||||||||||||
Social Security | |||||||||||||||||||||||||||||
P: Education | 20,517 | 18,222 | 16,651 | 142,784 | 122,331 | 102,880 | 125,056 | -27.9 | 2.2 | ||||||||||||||||||||
Q: Human Health and | 57,629 | 1,311 | 1,819 | 511,085 | 469,112 | 463,039 | 472,698 | -9.4 | 0.8 | ||||||||||||||||||||
Social Work Activities | |||||||||||||||||||||||||||||
R: Arts, Entertainment and | 20,857 | 12,976 | 14,821 | 1,305,141 | 1,381,220 | 611,370 | 1,303,727 | -53.2 | -5.6 | ||||||||||||||||||||
Recreation | |||||||||||||||||||||||||||||
S: Other Service Activities | 37,574 | 18,727 | 18,810 | 326,769 | 363,811 | 232,286 | 300,010 | -28.9 | -17.5 | ||||||||||||||||||||
W: Unknown Activity | 44,772 | 19,693 | |||||||||||||||||||||||||||
8,749 | 40,546 | 14,759 | -67.0 | -51.4 | |||||||||||||||||||||||||
Total | 1,415,370 | 205,984 | 185,355 | 78,800,256 | 82,914,982 | 58,987,931 | 69,807,414 | -25.1 | -15.8 | ||||||||||||||||||||
Note:
Enterprises with single-entry accounting bookkeeping are obliged to submit data to tax authorities on a quarterly basis, while enterprises with double-entry accounting bookkeeping are obliged to submit data on a monthly basis. Therefore, for the total of enterprises, data are available only on a quarterly basis.
In cases where data were not available for September 2020, estimation was made on the basis of August 2020 turnover.
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Table 1b. Turnover (in thousand €), from Administrative Sources, for the Total of Enterprises in the Greek Economy (Statistical Business Register, year 2017), obliged to double-entry accounting bookkeeping, per section of Economic Activity (NACE Rev. 2)
ECONOMIC ACTIVITY | Turnover | Rates of change (%) | |||||||||||||||||||||
(in thousand €) | |||||||||||||||||||||||
Code | October | November | October | November | October | November | |||||||||||||||||
NACE | Description | ||||||||||||||||||||||
2019 | 2019 | 2020 | 2020 | 2020/2019 | 2020/2019 | ||||||||||||||||||
Rev.2 | |||||||||||||||||||||||
A | Agriculture, Forestry and | 211,939 | 211,917 | 224,569 | 227,777 | 6.0 | 7.5 | ||||||||||||||||
Fishing | |||||||||||||||||||||||
B | Mining and Quarrying | 84,493 | 72,032 | 66,890 | 66,983 | -20.8 | -7.0 | ||||||||||||||||
C | Manufacturing | 4,814,380 | 4,777,999 | 4,384,102 | 4,568,994 | -8.9 | -4.4 | ||||||||||||||||
D | Electricity, Gas, Steam and Air | 1,446,637 | 1,319,291 | 1,291,247 | 1,286,499 | -10.7 | -2.5 | ||||||||||||||||
Conditioning Supply | |||||||||||||||||||||||
Water Supply, Sewerage, | |||||||||||||||||||||||
E | Waste Management and | 170,244 | 153,620 | 160,027 | 167,364 | -6.0 | 8.9 | ||||||||||||||||
Remediation Activities | |||||||||||||||||||||||
F | Construction | 620,972 | 580,068 | 609,152 | 551,982 | -1.9 | -4.8 | ||||||||||||||||
Wholesale and Retail Trade; | |||||||||||||||||||||||
G | Repair of Motor Vehicles and | 7,789,917 | 7,668,217 | 7,636,952 | 7,122,197 | -2.0 | -7.1 | ||||||||||||||||
Motorcycles | |||||||||||||||||||||||
H | Transportation and Storage | 1,049,293 | 946,990 | 786,908 | 751,257 | -25.0 | -20.7 | ||||||||||||||||
I | Accommodation and Food | 605,449 | 234,825 | 330,902 | 98,310 | -45.3 | -58.1 | ||||||||||||||||
Service Activities | |||||||||||||||||||||||
J | Information and | 907,597 | 930,760 | 895,647 | 895,551 | -1.3 | -3.8 | ||||||||||||||||
Communication | |||||||||||||||||||||||
K | Financial and Insurance | 752,564 | 595,583 | 730,322 | 542,568 | -3.0 | -8.9 | ||||||||||||||||
Activities | |||||||||||||||||||||||
L | Real Estate Activities | 148,021 | 128,557 | 129,322 | 96,735 | -12.6 | -24.8 | ||||||||||||||||
M | Professional, Scientific and | 519,027 | 508,089 | 500,442 | 532,625 | -3.6 | 4.8 | ||||||||||||||||
Technical Activities | |||||||||||||||||||||||
N | Administrative and Support | 527,422 | 404,591 | 368,722 | 313,545 | -30.1 | -22.5 | ||||||||||||||||
Service Activities | |||||||||||||||||||||||
Public Administration and | |||||||||||||||||||||||
O | Defense; Compulsory Social | 34,160 | 25,618 | 27,860 | 26,716 | -18.4 | 4.3 | ||||||||||||||||
Security | |||||||||||||||||||||||
P | Education | 23,768 | 35,056 | 25,759 | 32,831 | 8.4 | -6.3 | ||||||||||||||||
Q | Human Health and Social Work | 152,914 | 157,413 | 174,400 | 150,908 | 14.1 | -4.1 | ||||||||||||||||
Activities | |||||||||||||||||||||||
R | Arts, Entertainment and | 437,550 | 436,125 | 447,947 | 152,052 | 2.4 | -65.1 | ||||||||||||||||
Recreation | |||||||||||||||||||||||
S | Other Service Activities | 55,321 | 38,745 | 44,091 | 32,873 | -20.3 | -15.2 | ||||||||||||||||
W | Unknown Activity | 7,348 | 6,445 | 9,485 | 3,692 | 29.1 | -42.7 | ||||||||||||||||
Total | 20,359,017 | 19,231,941 | 18,844,746 | 17,621,459 | -7.4 | -8.4 | |||||||||||||||||
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EL.STAT. - Hellenic Statistical Authority published this content on 15 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 January 2021 10:13:00 UTC