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This dataset containts: ERA5-derived, bias-adjusted (using in-situ data) areal-averaged monthly PET (Hargreaves: Temperature-based formula) over the 3 sub-basins, as well as the whole area, of Tympaki basin, Crete, Greece (for the period 1950-2022). ERA5-derived, bias-adjusted (using in-situ data) areal-averaged monhtly Precipitation over the 3 sub-basins, as well as the whole area, of Tympaki basin, Crete, Greece (for the period 1950-2022). Stochastically-generated drought scenario (composed by 5 consecutive years with precipitation below annual average) of areal-averaged monthly Precipitation and PET (Hargreaves: Temperature-based formula) over the 3 sub-basins of Tympaki basin, Crete, Greece, as well as stochastically-generated, and cross-correlated, monthly Runoff at Geropotamos gauging station (for the period 1980-2022). Stochastically-generated drought scenario (composed by 7 consecutive years with precipitation below annual average) of areal-averaged monthly Precipitation and PET (Hargreaves: Temperature-based formula) over the 3 sub-basins of Tympaki basin, Crete, Greece, as well as stochastically-generated, and cross-correlated, monthly Runoff at Geropotamos gauging station (for the period 1980-2022).