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.

Greece: Government debt as percent of GDP: The latest value from 2023 is 161.9 percent, a decline from 172.7 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Greece from 1995 to 2023 is 139.69 percent. The minimum value, 97.4 percent, was reached in 1998 while the maximum of 207 percent was recorded in 2020.

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.

Graph and download economic data for Outstanding Total International Debt Securities to GDP for Greece (DDDM07GRA156NWDB) from 1991 to 2020 about issues, Greece, debt, and GDP.

This statistic shows the percentage change on the previous year for general government consolidated gross debt as a share of gross domestic product (GDP) in Greece from 2011 to 2017. The largest change in this period occurred in 2012 when there was a decline of -26.8 percent.

Greece GR: Gross Public Debt: % of GDP: Central Government: Debt Securities: Market Value data was reported at 30.443 % in Dec 2018. This records a decrease from the previous number of 30.927 % for Sep 2018. Greece GR: Gross Public Debt: % of GDP: Central Government: Debt Securities: Market Value data is updated quarterly, averaging 86.015 % from Dec 1997 (Median) to Dec 2018, with 85 observations. The data reached an all-time high of 127.311 % in Sep 2009 and a record low of 18.992 % in Jun 2012. Greece GR: Gross Public Debt: % of GDP: Central Government: Debt Securities: Market Value 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.QPSD: Gross Public Debt: % of GDP: Central Government.

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.

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.

During the Great Recession of 2008-2009, the advanced economies of the G7 experienced a period of acute financial crises, downturns in the non-financial economy, and political instability. The governments of these countries in many cases stepped in to backstop their financial sectors and to try to stimulate their economies. The scale of these interventions was large by historical standards, with observers making comparisons to the measures of the New Deal which the U.S. undertook in the 1930s to end the Great Depression.

The bailouts of financial institutions and stimulus packages caused the government debt ratios of the United States, United Kingdom, and Japan in particular to rise sharply. The UK's government debt ratio almost doubled due to the bailouts of Northern Rock and Royal Bank of Scotland. On the other hand, the increases in government debt in the Eurozone were more measured, due to the comparative absence of stimulus spending in these countries. They would later be hit hard during the Eurozone crisis of the 2010s, when bank lending to the periphery of the Eurozone (Portugal, Spain, Ireland and Greece in particular) would trigger a sovereign debt crisis. The Canadian government, led by a Conservative premier, engaged in some fiscal stimulus to support its economy, but these packages were small in comparison to that in most other of the G7 countries.

The statistic shows the national debt of the United States from 2019 to 2022 in relation to the gross domestic product (GDP), with projections up until 2029. In 2022, the national debt of the United States was at around 120.03 percent of the gross domestic product. See the US GDP for further information. US finances There has been a dramatic increase in the public debt of the United States since 1990, although the month-to-month change has been quite stable over the last few months. Public debt is defined as the amount of money borrowed by a country to cover budget deficits. A ranking of individual state debt in the United States shows that California is leading by a clear margin, with more than double the amount of runner-up New York. Vermont, North Dakota and South Dakota are the states with the lowest amount of debt. Even before the recession of 2008, the national debt of the United States had been increasing steadily and excessively, and it is predicted to rise even further. Budget cuts and fewer job opportunities as a result of the crisis are taking their toll on the American economy, which is still recovering. Trade figures as well as unemployment are still below average. Subsequently, the national debt and the national debt of the United States per capita have more or less quadrupled since the 1990s. Interestingly, the United States is not even among the top ten of countries with the highest public debt in relation to gross domestic product in international comparison. Japan, Greece and Italy – among others – report far higher figures than the United States.

In 2025, the ratio of national debt to gross domestic product (GDP) of Greece is approximately 142.17 percent.Fluctuating rise between 1980 and 2025A comparison to the earliest shown observation from 1980 reveals a total increase by approximately 119.33 percentage points. The trajectory from 1980 to 2025 shows however that this increase did not happen continuously.Continuous decline between 2025 and 2030The ratio will stand at close to 125.07 percent in 2030, according to forecasts. Compared to 2025 this is an overall decrease by approximately 17.10 percentage points. This decrease reflects a consistent falling trend.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.