This statistic shows the national debt of Greece from 2020 to 2023, with projections until 2030. In 2023, the national debt in Greece was around 420.4 billion U.S. dollars. In a ranking of debt to GDP per country, Greece is currently ranked third. Greece's struggle after the financial crisis Greece is a developed country in the EU and is highly dependent on its service sector as well as its tourism sector in order to gain profits. After going through a large economic boom from the 1950s to the 1970s as well as somewhat high GDP growth in the early to mid 2000s, Greece’s economy took a turn for the worse and struggled intensively, primarily due to the Great Recession, the Euro crisis as well as its own debt crisis. National debt within the country saw significant gains over the past decades, however roughly came to a halt due to financial rescue packages issued from the European Union in order to help Greece maintain and improve their economical situation. The nation’s continuous rise in debt has overwhelmed its estimated GDP over the years, which can be attributed to poor government execution and unnecessary spending. Large sums of financial aid were taken from major European banks to help balance out these government-induced failures and to potentially help refuel the economy to encourage more spending, which in turn would decrease the country’s continuously rising unemployment rate. Investors, consumers and workers alike are struggling to see a bright future in Greece, whose chances of an economic comeback are much lower than that of other struggling countries such as Portugal and Italy. However, Greece's financial situation might improve in the future, as it is estimated that at least its national debt will decrease - slowly, but steadily. Still, since its future participation in the European Union is in limbo as of now, these figures can only be estimates, not predictions.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Greece recorded a Government Debt to GDP of 153.60 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Greece Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Greece Government Debt: % of GDP
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Government Debt in Greece increased to 567734.73 EUR Million in the first quarter of 2025 from 562865.64 EUR Million in the fourth quarter of 2024. This dataset provides the latest reported value for - Greece Central Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The ratio of national debt to gross domestic product (GDP) of Greece was estimated at approximately 150.89 percent in 2024. Between 1980 and 2024, the ratio rose by around 128.05 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 25.82 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for General government gross debt for Greece (GGGDTAGRC188N) from 1980 to 2023 about Greece, gross, debt, and government.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
External Debt in Greece increased to 567734.73 EUR Million in the first quarter of 2025 from 562865.64 EUR Million in the fourth quarter of 2024. This dataset provides the latest reported value for - Greece External Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Private Debt to GDP in Greece increased to 68.60 percent in 2024 from 65.90 percent in 2023. Greece Private Debt to GDP - values, historical data, forecasts and news - updated on July of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Greece National Government Debt
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Central government debt, total (% of GDP) for Greece (DEBTTLGRA188A) from 1997 to 2023 about Greece, debt, government, and GDP.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Historical chart and dataset showing Greece debt to gdp ratio by year from 1997 to 2023.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Greece External Debt: % of GDP
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
External Debt to GDP in Greece decreased to 236 percent of GDP in the first quarter of 2025 from 237 percent of GDP in the fourth quarter of 2024. This dataset includes a chart with historical data for Greece External Debt To GDP.
Several European Union member states have struggled with high levels of public debt in the period since the Global Financial Crisis. In particular, Greece's debt skyrocketed during the recession which followed the crisis, culminating in a period of intense political and social upheaval during the early 2010s in which the country came close to having to leave the Euro single currency zone. Along with Italy, Portugal, Spain and France, Greece is part of a group of EU members who have seen their debt soar to a value worth over one year's aggregate production in their economies (i.e. 100% of GDP) due to slow economic growth coupled with increasing public liabilities due to the need to provide emergency support to their domestic financial systems. Belgium, while also a part of this group of high-debt ratio countries has quite different circumstances, as its debt ratio has in fact fallen since the 1990s, remaining 20 percent below its 1995 level, even after a spike due to the COVID-19 pandemic.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Greece - Net external debt was 114.40 % of GDP in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Net external debt - last updated from the EUROSTAT on July of 2025. Historically, Greece - Net external debt reached a record high of 167.50 % of GDP in June of 2021 and a record low of 49.20 % of GDP in December of 2003.
This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in How to Solve the Greek Debt Problem, PIIE Policy Brief 18-10. If you use the data, please cite as: Zettelmeyer, Jeromin, Emilios Avgouleas, Barry Eichengreen, Miguel Poiares Maduro, Ugo Panizza, Richard Portes, Beatrice Weder di Mauro, and Charles Wyplosz. (2018). How to Solve the Greek Debt Problem. PIIE Policy Brief 18-10. Peterson Institute for International Economics.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Greece Household Debt: % of GDP
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Greece External Debt
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Households Debt in Greece decreased to 39 percent of GDP in the fourth quarter of 2024 from 39.30 percent of GDP in the third quarter of 2024. This dataset provides - Greece Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Outstanding Domestic Public Debt Securities to GDP for Greece (DDDM04GRA156NWDB) from 1996 to 2011 about Greece, public, debt, securities, domestic, and GDP.
This statistic shows the national debt of Greece from 2020 to 2023, with projections until 2030. In 2023, the national debt in Greece was around 420.4 billion U.S. dollars. In a ranking of debt to GDP per country, Greece is currently ranked third. Greece's struggle after the financial crisis Greece is a developed country in the EU and is highly dependent on its service sector as well as its tourism sector in order to gain profits. After going through a large economic boom from the 1950s to the 1970s as well as somewhat high GDP growth in the early to mid 2000s, Greece’s economy took a turn for the worse and struggled intensively, primarily due to the Great Recession, the Euro crisis as well as its own debt crisis. National debt within the country saw significant gains over the past decades, however roughly came to a halt due to financial rescue packages issued from the European Union in order to help Greece maintain and improve their economical situation. The nation’s continuous rise in debt has overwhelmed its estimated GDP over the years, which can be attributed to poor government execution and unnecessary spending. Large sums of financial aid were taken from major European banks to help balance out these government-induced failures and to potentially help refuel the economy to encourage more spending, which in turn would decrease the country’s continuously rising unemployment rate. Investors, consumers and workers alike are struggling to see a bright future in Greece, whose chances of an economic comeback are much lower than that of other struggling countries such as Portugal and Italy. However, Greece's financial situation might improve in the future, as it is estimated that at least its national debt will decrease - slowly, but steadily. Still, since its future participation in the European Union is in limbo as of now, these figures can only be estimates, not predictions.