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 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 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 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.

Historical chart and dataset showing Greece GDP by year from 1960 to 2023.

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.

Graph and download economic data for Real Gross Domestic Product for Greece (CLVMNACSCAB1GQEL) from Q1 1995 to Q1 2025 about Greece, real, and GDP.

The gross domestic product (GDP) per capita in Greece was about 24.72 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately 18.85 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 6.29 thousand U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

In 2023, the total contribution of travel and tourism to Greece's gross domestic product (GDP) nearly recovered from the impact of the COVID-19 pandemic, being just *** percent lower than in 2019. Overall, the total contribution of these industries to Greece's GDP amounted to **** billion euros in 2023. This figure was forecast to reach an estimated **** billion euros in 2024. The economic contribution of travel and tourism in Greece Travel and tourism play a prominent role in supporting the Greek economy. In 2023, these industries accounted for more than ** percent of the country’s GDP. That was the third-highest share of travel and tourism's total contribution to GDP in EU countries that year. In terms of travel and tourism’s total contribution to employment, these markets supported over ******* jobs in 2023. What are the leading inbound travel markets in Greece? In 2023, the number of international tourists in Greece surpassed ** million, exceeding pre-pandemic levels. That year, Germany was the leading inbound travel market in Greece based on the number of arrivals, ahead of the United Kingdom, Italy, and France.

Graph and download economic data for Constant GDP per capita for Greece (NYGDPPCAPKDGRC) from 1960 to 2024 about Greece, per capita, real, and GDP.

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;

Key information about Greece Real GDP Growth

• The Gross Domestic Product (GDP) in Greece expanded 5.2 % YoY in Dec 2022, following a growth of 4.4 % in the previous quarter.
• Real GDP Growth YoY data in Greece is updated quarterly, available from Mar 1996 to Dec 2022, with an average rate of 2.1 %.
• The data reached an all-time high of 14.6 % in Jun 2021 and a record low of -15.6 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Hellenic Statistical Authority provides Real GDP in EUR, at chain linked 2015 prices. Real GDP Growth prior to Q1 2011 is calculated from Real GDP at chain linked 2010 prices.


Related information about Greece Real GDP Growth

• In the latest reports, Nominal GDP of Greece reached 54.3 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 5.1 % in Dec 2022.
• GDP Per Capita in Greece reached 20,192.5 USD in Dec 2021.
• Its Gross Savings Rate was measured at 8.1 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 24.3 % in Dec 2022.
• Public Consumption accounted for 20.7 % in Dec 2022.
• Private Consumption accounted for 71.2 % in Dec 2022.

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.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Greece from 2013 to 2023. In 2023, agriculture contributed around 3.34 percent to the GDP of Greece, 15.28 percent came from the industry and 68.64 percent from the service sector.

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.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Hellenic Statistical Authority provides Nominal GDP in EUR.

Greece GR: GDP: USD data was reported at 200.288 USD bn in 2017. This records an increase from the previous number of 192.691 USD bn for 2016. Greece GR: GDP: USD data is updated yearly, averaging 77.715 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 354.461 USD bn in 2008 and a record low of 4.447 USD bn in 1960. Greece GR: GDP: USD 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.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices 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. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Greece: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 257.14 billion U.S. dollars, an increase from 243.5 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Greece from 1960 to 2024 is 122.08 billion U.S. dollars. The minimum value, 4.27 billion U.S. dollars, was reached in 1960 while the maximum of 351.12 billion U.S. dollars was recorded in 2008.

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.

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.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Hellenic Statistical Authority provides Government Debt in EUR and Nominal GDP in EUR, based on ESA 2010. Government Debt prior to Q1 2012 is based on ESA 1995.


Related information about Greece Government Debt: % of GDP

• 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.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Greece (GRCGDPRQPSMEI) from Q1 1971 to Q1 2025 about Greece, real, GDP, and rate.