The ratio of national debt to gross domestic product (GDP) of Greece was 154.79 percent in 2024. Between 1980 and 2024, the ratio rose by 131.95 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by 24.59 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.

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.

Key information about Greece Government Debt: % of GDP

• Greece Government debt accounted for 158.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 160.1 % in the previous quarter.
• Greece government debt to GDP ratio data is updated quarterly, available from Dec 1999 to Sep 2024.
• The data reached an all-time high of 207.4 % in Mar 2021 and a record low of 96.4 % in Sep 2003.

• In the latest reports, Greece National Government Debt reached 413.3 USD bn in Sep 2024.
• The country's Nominal GDP reached 57.9 USD bn in Mar 2023.

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.

Yearly (annual) dataset of the Greece Debt to GDP Ratio, including historical data, latest releases, and long-term trends from 2015-12-31 to 2024-12-31. Available for free download in CSV format.

Key information about Greece External Debt: % of GDP

• Greece External Debt accounted for 243.2 % of the country's Nominal GDP in 2024, compared with the ratio of 252.2 % in the previous year.
• Greece External Debt: % of Nominal GDP data is updated yearly, available from Dec 2003 to Dec 2024.
• The data reached an all-time high of 18.9 % in Apr 2014 and a record low of 6.3 % in Apr 2004.

• In the latest reports of Greece, Current Account recorded a deficit of 479.9 USD mn in Sep 2025.
• Foreign Direct Investment (FDI) increased by 499.3 USD mn in Sep 2025.
• Greece Direct Investment Abroad expanded by 280.0 USD mn in Sep 2025.
• Its Foreign Portfolio Investment increased by 197.2 USD mn in Sep 2025.
• The country's External Debt reached 686,052.1 in Jun 2025.
• The country's Nominal GDP was reported at 70.4 USD bn in Jun 2025.

Key information about Greece Household Debt: % of GDP

• Greece household debt accounted for 46.5 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 45.5 % in the previous quarter.
• Greece household debt to GDP ratio is updated quarterly, available from Dec 1997 to Jun 2025.
• The data reached an all-time high of 79.6 % in Dec 2012 and a record low of 16.2 % in Mar 2000.

• In the latest reports, Greece Household Debt reached 133.5 USD bn in Jun 2025.
• Money Supply M2 in Greece increased 4.2 % YoY in Oct 2025.
• Greece Foreign Exchange Reserves was measured at 4.1 USD bn in Oct 2025.
• The Foreign Exchange Reserves equaled 0.5 Months of Import in Sep 2025.
• Greece Domestic Credit reached 183.7 USD bn in Feb 2025, representing an increased of 5.0 % YoY.

External Debt to GDP in Greece decreased to 239 percent of GDP in the second quarter of 2025 from 242 percent of GDP in the first quarter of 2025. This dataset includes a chart with historical data for Greece External Debt To GDP.

Historical dataset showing Greece debt to gdp ratio by year from 1997 to 2023.

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.

Key information about Greece Private Debt: % of Nominal GDP

• Greece Private Debt accounted for 51.53 % of its Nominal GDP in Jun 2025, compared with a ratio of 51.67 % in the previous quarter
• Greece Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 2001 to Jun 2025, with an average share of 124.39 %
• The data reached an all-time high of 124.39 % in Mar 2013 and a record low of 45.51 % in Mar 2001

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 December of 2025.

Key information about Greece National Government Debt

• Greece National Government Debt reached 433.9 USD bn in Jun 2025, compared with 395.5 USD bn in the previous quarter.
• Greece National Government Debt data is updated quarterly, available from Dec 1999 to Jun 2025.
• The data reached an all-time high of 495.1 USD bn in Jun 2011 and a record low of 122.4 USD bn in Jun 2001.