Graph and download economic data for Gross Domestic Product (Euro/ECU Series) for Greece (CPMEURSCAB1GQEL) from Q1 1995 to Q1 2025 about Greece and GDP.

Greece - Real GDP growth rate was 2.30% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Real GDP growth rate - last updated from the EUROSTAT on August of 2025. Historically, Greece - Real GDP growth rate reached a record high of 8.70% in December of 2021 and a record low of -10.10% in December of 2011.

Greece - Real GDP per capita was EUR19460.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Real GDP per capita - last updated from the EUROSTAT on August of 2025. Historically, Greece - Real GDP per capita reached a record high of EUR22370.00 in December of 2007 and a record low of EUR16320.00 in December of 2020.

Greece - GDP and main components: Imports of goods and services was EUR22674.20 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - GDP and main components: Imports of goods and services - last updated from the EUROSTAT on July of 2025. Historically, Greece - GDP and main components: Imports of goods and services reached a record high of EUR23105.30 Million in June of 2024 and a record low of EUR6703.90 Million in March of 1995.

Graph and download economic data for Real Gross Domestic Product for Greece (CLVMNACNSAB1GQEL) from Q1 1995 to Q1 2025 about Greece, real, and GDP.

Greece - GDP and main components: Actual individual consumption was EUR41007.10 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - GDP and main components: Actual individual consumption - last updated from the EUROSTAT on August of 2025. Historically, Greece - GDP and main components: Actual individual consumption reached a record high of EUR46112.40 Million in March of 2008 and a record low of EUR29802.90 Million in September of 1995.

The statistic shows the growth of the real gross domestic product (GDP) in the European Union and the Euro area from 2019 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2022, the GDP in the European Union increased by about 3.61 percent compared to the previous year. Growth trends in the EU compared to the euro area The euro area, which is also called the eurozone, is an economic and monetary union (EMU) which includes 19 of the 27 European Union member states which have formally adopted the euro. Those countries include Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Member states which have not yet adopted the euro include Bulgaria, Croatia, Czechia, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom. Additionally, there is the so-called Schengen Area, which is composed of EU and non-EU states, and has been established mainly to facilitate travelling in Europe. While some countries, such as Kosovo and Montenegro have adopted the euro unilaterally, they are not formally part of the eurozone. Others have established a monetary agreement with the EU to use the euro, such as Andorra, Monaco, San Marino and the Vatican, but they do not form part of the official euro area. As can be seen in the chart, annual GDP growth slumped in 2012 and 2013, presumably as a result of the global financial crisis, in both the EU and the euro area. In 2013, growth began increasing ever so slightly and in 2014 the EU regained a bit of stability. However, overall recovery in the EU has been relatively moderate and gradual; growth throughout the EU has been slightly better than in the euro area and is projected to remain slightly better for the foreseeable future. Relatively new member states such as Romania and Czechia, which have not yet adopted the euro, reported the highest annual growth rates in the EU in 2015, and generally, new member states show slightly better growth rates. Also, unemployment has been slightly higher in the euro area compared to the EU for the last ten years (267906). The unemployment rate also remains relatively high for both the EU and the euro area. As for public spending as a share of GDP, these figures are slightly higher in the euro area than in the EU as a whole. The member states with the highest national debt include the United Kingdom, Italy, France and Germany - some of the oldest members of the euro area. The national debt of the euro area is slightly higher than the national debt of the EU as a whole, underlining the economic situation of both areas.

Between 2000 and 2011, all the regions in the central and eastern Member States recorded an increase in GDP per head in PPS relative to the EU average.The biggest increases were typically in the capital city regions. In the less developed regions in Greece, Italy and Portugal (except Açores), however, there was no increase in GDP per head relative to the EU average, due in Greece to the severe effect of the crisis.

Change in index, EU28 = 100. Source: Eurostat

Greece - GDP, volumes was 2.20 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - GDP, volumes - last updated from the EUROSTAT on July of 2025. Historically, Greece - GDP, volumes reached a record high of 14.70 % year-on-year in June of 2021 and a record low of -15.60 % year-on-year in June of 2020.

Greece GR: GDP: CL 2020p: Imports of Goods and Services data was reported at 23.049 EUR bn in Dec 2024. This records an increase from the previous number of 22.712 EUR bn for Sep 2024. Greece GR: GDP: CL 2020p: Imports of Goods and Services data is updated quarterly, averaging 15.061 EUR bn from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 23.080 EUR bn in Jun 2024 and a record low of 6.785 EUR bn in Mar 1995. Greece GR: GDP: CL 2020p: Imports of Goods and Services data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Greece – Table GR.Eurostat: GDP: by Expenditure: ESA 2010: Chain Linked 2020 Price.

With a Gross Domestic Product of over 4.3 trillion Euros, the German economy was by far the largest in Europe in 2024. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 7.4 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.95 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.

In 2023, the share of travel and tourism's total contribution to GDP in European Union member countries and the United Kingdom remained in most cases below the figures reported before the COVID-19 pandemic, but showed strong signs of recovery. Overall, Croatia was the EU country where travel and tourism contributed the highest share of gross domestic product in 2023. That year, these industries generated, directly and indirectly, nearly ** percent of the country's GDP. Portugal and Greece followed in the ranking in 2023, with travel and tourism representing **** percent and **** percent of GDP, respectively.

This statistic shows the deficit and public debts of European Union (EU) member countries in the last quarter of 2023, as a percentage of the Gross Domestic Product (GDP). It appears that the most in-debt country was Greece, with a deficit and public debt amounting to ***** percent of the national GDP.

Greece GR: GDP: CL 2020p: swda data was reported at 50.874 EUR bn in Dec 2024. This records an increase from the previous number of 50.419 EUR bn for Sep 2024. Greece GR: GDP: CL 2020p: swda data is updated quarterly, averaging 45.718 EUR bn from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 59.969 EUR bn in Jun 2007 and a record low of 37.002 EUR bn in Mar 1995. Greece GR: GDP: CL 2020p: swda data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Greece – Table GR.Eurostat: GDP: by Expenditure: ESA 2010: Chain Linked 2020 Price: Seasonally and Working Day Adjusted.

Greece - GDP and main components: Subsidies on products was EUR461.80 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - GDP and main components: Subsidies on products - last updated from the EUROSTAT on August of 2025. Historically, Greece - GDP and main components: Subsidies on products reached a record high of EUR883.90 Million in March of 1998 and a record low of EUR141.90 Million in December of 2008.

Greece GR: GDP: CL 2020p: FCE: General Government data was reported at 10.551 EUR bn in Dec 2024. This records an increase from the previous number of 9.012 EUR bn for Sep 2024. Greece GR: GDP: CL 2020p: FCE: General Government data is updated quarterly, averaging 9.434 EUR bn from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 12.655 EUR bn in Dec 2007 and a record low of 7.189 EUR bn in Mar 1995. Greece GR: GDP: CL 2020p: FCE: General Government data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Greece – Table GR.Eurostat: GDP: by Expenditure: ESA 2010: Chain Linked 2020 Price.

Greece GR: GDP: CL 2020p: Gross Capital Formation (GCF) data was reported at 13.892 EUR bn in Dec 2024. This records an increase from the previous number of 8.015 EUR bn for Sep 2024. Greece GR: GDP: CL 2020p: Gross Capital Formation (GCF) data is updated quarterly, averaging 8.515 EUR bn from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 17.286 EUR bn in Mar 2007 and a record low of 1.155 EUR bn in Sep 2015. Greece GR: GDP: CL 2020p: Gross Capital Formation (GCF) data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Greece – Table GR.Eurostat: GDP: by Expenditure: ESA 2010: Chain Linked 2020 Price.

Greece - GDP and main components: Final consumption expenditure, gross capital formation and exports of goods and services was EUR73612.40 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - GDP and main components: Final consumption expenditure, gross capital formation and exports of goods and services - last updated from the EUROSTAT on August of 2025. Historically, Greece - GDP and main components: Final consumption expenditure, gross capital formation and exports of goods and services reached a record high of EUR80129.50 Million in June of 2008 and a record low of EUR45123.00 Million in March of 1996.

In the third quarter of 2024, Greece's national debt was the highest in all the European Union, amounting to 158 percent of Greece's gross domestic product. In spite of Greece's total being high by EU standards, it marks a substantial decrease from the historical high point reached by the country's national debt of 207 percent of GDP in 2020. Italy, France, Spain, Belgium, and Portugal also all have government debt worth over one year's production of their economies, while the small Baltic country of Estonia has the smallest national debt when compared with GDP, at only 24 percent. In debitum incrementum?A country’s national debt, also known as government debt or public debt, is defined as all borrowings owed by the government of a country. It usually comprises internal debt – owed to other governmental departments – and external debt, which is held by the public and is owed to government bond owners. National debt can be caused by a struggling economy in general, or by low tax income, which usually leads to money being borrowed from other governments for support, which in turn cannot be paid back right away. At first glance, a high national debt is not always a sign of a struggling economy – but since increasing debt can slow down economic growth significantly, it is imperative for the respective government to seek a steady reduction in the long run.

Greece GR: GDP: CL 2020p: swda: Exports of Goods and Services data was reported at 18.293 EUR bn in Dec 2024. This records an increase from the previous number of 18.129 EUR bn for Sep 2024. Greece GR: GDP: CL 2020p: swda: Exports of Goods and Services data is updated quarterly, averaging 11.688 EUR bn from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 18.378 EUR bn in Mar 2023 and a record low of 4.819 EUR bn in Mar 1996. Greece GR: GDP: CL 2020p: swda: Exports of Goods and Services data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Greece – Table GR.Eurostat: GDP: by Expenditure: ESA 2010: Chain Linked 2020 Price: Seasonally and Working Day Adjusted.