The Gross Domestic Product (GDP) in Greece was worth 257.14 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Greece represents 0.24 percent of the world economy. This dataset provides the latest reported value for - Greece GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic depicts Greece's gross domestic product (GDP) growth rate from 2020 to 2024, with projections up until 2030. 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 2024, Greece's real GDP increased by about 2.27 percent compared to the previous year. Greece's national finances Greece is viewed as a high-income economy and experienced high economic and social growth and development between the 1950s and the 1970s, which was the highest rate in the world only behind Japan. However, due to the Great Recession in 2009 as well as the Greek government-debt crisis, Greek experienced severe hits to its already somewhat struggling economy. From the mid to late 2000s, national debt escalated severely but has, since 2012, remained relatively stable, primarily due to several debt restructuring deals as well as stimulus packages from countries within the EU. Different forms of financial aid were offered to Greece from countries within the European Union in order to help maintain the country from going completely dysfunctional to the point that Greece would no longer be able to pay back its debts. Greece’s economy primarily strives in the service sector and benefits exceptionally from its tourist industry. However, due to a failing tourist industry as well as struggles with properly managing imports and exports, struggles within the country are further increasing. More competent leadership, cutting costs as well as new structural reforms are necessary in order to slowly bring Greece back to an economically stable country.

The Gross Domestic Product (GDP) in Greece stagnated 0 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Greece GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) in current prices in Greece stood at about 257.07 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 200.85 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 62.45 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Gross Domestic Product (GDP) in Greece expanded 2.20 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Greece GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Greece: Economic growth forecast: The latest value from 2030 is 1.43 percent, an increase from 1.42 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Greece from 1980 to 2030 is 1.13 percent. The minimum value, -9.88 percent, was reached in 2011 while the maximum of 8.65 percent was recorded in 2021.

Greece GR: GDP: Growth data was reported at 1.351 % in 2017. This records an increase from the previous number of -0.244 % for 2016. Greece GR: GDP: Growth data is updated yearly, averaging 3.073 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 11.150 % in 1961 and a record low of -9.132 % in 2011. Greece GR: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greece – Table GR.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The Gross Domestic Product per capita in Greece was last recorded at 21654.34 US dollars in 2024. The GDP per Capita in Greece is equivalent to 171 percent of the world's average. This dataset provides the latest reported value for - Greece GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Greece GR: GDP: Deflator: Exports of Goods and Services: USD data was reported at 1.198 Index, 2015 in Dec 2026. This records an increase from the previous number of 1.192 Index, 2015 for Sep 2026. Greece GR: GDP: Deflator: Exports of Goods and Services: USD data is updated quarterly, averaging 0.925 Index, 2015 from Mar 1995 (Median) to Dec 2026, with 128 observations. The data reached an all-time high of 1.206 Index, 2015 in Jun 2008 and a record low of 0.553 Index, 2015 in Dec 2000. Greece GR: GDP: Deflator: Exports of Goods and Services: USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Greece – Table GR.OECD.EO: GDP: Deflator: Forecast: OECD Member: Quarterly. PXGSD - Exports of goods and services in USD, deflator (national accounts basis)Index, OECD reference year

Greece: Current account balance forecast, percent of GDP: The latest value from 2030 is -3.38 percent, an increase from -4.12 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for Greece from 1980 to 2030 is -5.1 percent. The minimum value, -14.68 percent, was reached in 2008 while the maximum of -0.13 percent was recorded in 1994.

Greece: Unemployment rate forecast: The latest value from 2030 is 7.94 percent, a decline from 8.11 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for Greece from 1980 to 2030 is 11.61 percent. The minimum value, 2.66 percent, was reached in 1980 while the maximum of 27.48 percent was recorded in 2013.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Greece GDP.

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.

The NextGenerationEU economic stimulus plan is set to be implemented according to each European Union member state's national recovery & resilience plan between 2021 and 2026. The stimulus effect which this will have varies across the different member states, with those states which are set to receive a relatively large stimulus package compared with their GDP experiencing a greater boost to growth than others, according to GDP forecasts.

Countries such as Greece, Bulgaria, and Croatia are set to experience as much as three percent additional GDP growth over the target years for the NextGenEU programs. On the other hand, countries such as Sweden, the Netherlands, and Austria, who will receive relatively smaller packages, will experience additional GDP growth of less than one percent per year, mostly caused by spillovers from other countries' plans. While the packages are to be dispersed between 2021 and 2026, the effect on GDP growth in many countries is set to be long-lasting, with growth being boosted into the 2030s.

Greece: Budget balance forecast, percent of GDP: The latest value from 2030 is -0.81 percent, unchanged from -0.81 percent in 2029. In comparison, the world average is -2.33 percent, based on data from 81 countries. Historically, the average for Greece from 1988 to 2030 is -4.4 percent. The minimum value, -14.42 percent, was reached in 1990 while the maximum of 6.7 percent was recorded in 2016.

Key information about Greece Nominal GDP Growth

• Greece Nominal GDP Growth was reported at 5.578 % in Dec 2024.
• This records an increase from the previous number of 5.569 % for Sep 2024.
• Greece Nominal GDP Growth data is updated quarterly, averaging 5.212 % from Mar 1996 to Dec 2024, with 116 observations.
• The data reached an all-time high of 15.494 % in Jun 2021 and a record low of -16.320 % in Jun 2020.
• Greece Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

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.

Greece GR: GDP: Deflator: Exports of Goods and Services data was reported at 1.459 Index, 2015 in Dec 2026. This records an increase from the previous number of 1.452 Index, 2015 for Sep 2026. Greece GR: GDP: Deflator: Exports of Goods and Services data is updated quarterly, averaging 0.988 Index, 2015 from Mar 1995 (Median) to Dec 2026, with 128 observations. The data reached an all-time high of 1.459 Index, 2015 in Dec 2026 and a record low of 0.642 Index, 2015 in Dec 1995. Greece GR: GDP: Deflator: Exports of Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Greece – Table GR.OECD.EO: GDP: Deflator: Forecast: OECD Member: Quarterly. PXGS - Exports of goods and services, deflator (national accounts basis)Index, national reference year

Greece MF Forecast: State Government Budget: Balance: Primary data was reported at 11,044.000 EUR mn in 2022. This records an increase from the previous number of 9,497.000 EUR mn for 2021. Greece MF Forecast: State Government Budget: Balance: Primary data is updated yearly, averaging 8,105.000 EUR mn from Dec 2017 (Median) to 2022, with 6 observations. The data reached an all-time high of 11,044.000 EUR mn in 2022 and a record low of 4,337.000 EUR mn in 2017. Greece MF Forecast: State Government Budget: Balance: Primary data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Greece – Table GR.F009: State Government Budget: Forecast: Ministry of Finance.

Greece GR: Harmonised Core Inflation Index data was reported at 1.201 Index, 2015 in 2026. This records an increase from the previous number of 1.176 Index, 2015 for 2025. Greece GR: Harmonised Core Inflation Index data is updated yearly, averaging 1.002 Index, 2015 from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1.201 Index, 2015 in 2026 and a record low of 0.609 Index, 2015 in 1995. Greece GR: Harmonised Core Inflation Index data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Greece – Table GR.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Annual. PCOREH - Core inflation index, harmonised Overall index excluding energy, food, alcohol and tobaccoIndex, national reference year