The benchmark interest rate in Greece was last recorded at 4.50 percent. This dataset provides - Greece Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Greece Long Term Interest Rate

• Greece Government Bond Yield: Average: 10 Years was reported at 3.29 % pa in Feb 2025, compared with 3.35 % pa in the previous month.
• Greece Long Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
• The data reached an all-time high of 29.24 % pa in Feb 2012 and a record low of 0.59 % pa in Aug 2021.
• Long Term Interest Rate is reported by reported by European Central Bank.

• In the latest reports, Greece Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025.
• Greece Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Greece (IR3TIB01GRM156N) from Mar 1994 to Jun 2025 about Greece, interbank, 3-month, yield, interest rate, interest, and rate.

Bank deposit interest rate, percent in Greece, March, 2025 The most recent value is 1.4 percent as of March 2025, a decline compared to the previous value of 1.5 percent. Historically, the average for Greece from March 2003 to March 2025 is 2.14 percent. The minimum of 0.11 percent was recorded in August 2022, while the maximum of 5.37 percent was reached in October 2008. | TheGlobalEconomy.com

Bank Lending Rate in Greece decreased to 4.51 percent in May from 4.66 percent in April of 2025. This dataset provides - Greece Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The annual average interest rate on new residential loans in Greece fluctuated between 2007 and 2023. Mortgage rates reached their lowest point in 2015, when the average rate stood at **** percent. In 2023, mortgage rates increased dramatically, hitting *** percent - the highest rate recorded since 2012.

Key information about Greece Policy Rate

• Greece cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025, compared with 3.15 % pa in the previous Jan 2025.
• Greece Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Feb 2025.
• The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Jun 2022.

• In the latest reports, Greece Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• Its Long Term Interest Rate (Government Bond Yield: Average: 10 Years) was reported at 3.35 % pa in Jan 2025.
• Greece Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
• Its Real Effective Exchange Rate was 92.48 in Jan 2025.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Greece (IRLTLT01GRQ156N) from Q3 1997 to Q1 2025 about Greece, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

Greece ECB Interest Rate: Deposit Facility data was reported at 2.250 % pa in Apr 2025. This records a decrease from the previous number of 2.500 % pa for Mar 2025. Greece ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.625 % pa from Jan 1999 (Median) to Apr 2025, with 316 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Greece ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Greece – Table GR.M001: Key Interest Rates: European Central Bank.

Greece ECB Interest Rate: Marginal Lending Facility data was reported at 2.650 % pa in Apr 2025. This records a decrease from the previous number of 2.900 % pa for Mar 2025. Greece ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.125 % pa from Jan 1999 (Median) to Apr 2025, with 316 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Greece ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Greece – Table GR.M001: Key Interest Rates: European Central Bank.

This statistic illustrates the average interest rates of new business loans to large enterprises in Greece from 2007 to 2018. It can be seen that during this period the average interest rate to large companies in Greece generally decreased with some fluctuation from **** percent in 2007 to **** percent in 2018. The highest interest rate during this time period was seen in 2012 when it reached **** percent.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Greece (IRLTLT01GRA156N) from 1998 to 2024 about Greece, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

Greece: Interest rates on bank credit to the private sector: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Greece from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Greece (IR3TIB01GRQ156N) from Q2 1994 to Q1 2025 about Greece, interbank, 3-month, yield, interest rate, interest, and rate.

Long-term interest rate in Greece, February, 2025 The most recent value is 3.29 percent as of February 2025, a decline compared to the previous value of 3.35 percent. Historically, the average for Greece from June 1997 to February 2025 is 6.33 percent. The minimum of 0.59 percent was recorded in August 2021, while the maximum of 29.24 percent was reached in February 2012. | TheGlobalEconomy.com

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Greece (IRSTCI01GRM156N) from Jun 1980 to Jun 2025 about Greece, interbank, overnight, interest rate, interest, and rate.

The long-term interest rate on government debt is a key indicator of the economic health of a country. The rate reflects financial market actors' perceptions of the creditworthiness of the government and the health of the domestic economy, with a strong and robust economic outlook allowing governments to borrow for essential investments in their economies, thereby boosting long-term growth.

The Euro and converging interest rates in the early 2000s

In the case of many Eurozone countries, the early 2000s were a time where this virtuous cycle of economic growth reduced the interest rates they paid on government debt to less than 5 percent, a dramatic change from the pre-Euro era of the 1990s. With the outbreak of the Global Financial Crisis and the subsequent deep recession, however, the economies of Greece, Italy, Spain, Portugal, and Ireland were seen to be much weaker than previously assumed by lenders. Interest rates on their debt gradually began to rise during the crisis, before rapidly increasing beginning in 2010, as first Greece and then Ireland and Portugal lost the faith of financial markets.

The Eurozone crisis

This market adjustment was initially triggered due to revelations by the Greek government that the country's budget deficit was much larger than had been previously expected, with investors seeing the country as an unreliable debtor. The crisis, which became known as the Eurozone crisis, spread to Ireland and then Portugal, as lenders cut-off lending to highly indebted Eurozone members with weak fundamentals. During this period there was also intense speculation that due to unsustainable debt loads, some countries would have to leave the Euro currency area, further increasing the interest on their debt. Interest rates on their debt began to come back down after ECB Chief Mario Draghi signaled to markets that the central bank would intervene to keep the states within the currency area in his famous "whatever it takes" speech in Summer 2012.

The return of higher interest rates in the post-COVID era

Since this period of extremely high interest rates on government debt for these member states, the interest they are charged for borrowing has shrunk considerably, as the financial markets were flooded with "cheap money" due to the policy measures of central banks in the aftermath of the financial crisis, such as near-zero policy rates and quantitative easing. As interest rates have risen to combat inflation since 2022, so have the interest rates on government debt in the Eurozone also risen, however, these rises are modest compared to during the Eurozone crisis.

Business credit interest rate, percent in Greece, March, 2025 The most recent value is 4.76 percent as of March 2025, a decline compared to the previous value of 4.89 percent. Historically, the average for Greece from January 1960 to March 2025 is 11.81 percent. The minimum of 3.1 percent was recorded in May 2022, while the maximum of 28.7 percent was reached in June 1991. | TheGlobalEconomy.com

Key Interest Rate: Central Banks data was reported at 2.000 % in Dec 2026. This stayed constant from the previous number of 2.000 % for Sep 2026. Key Interest Rate: Central Banks data is updated quarterly, averaging 1.000 % from Mar 1999 (Median) to Dec 2026, with 112 observations. The data reached an all-time high of 4.000 % in Mar 2024 and a record low of -0.500 % in Jun 2022. Key Interest Rate: Central Banks 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: Interest Rate: Forecast: OECD Member: Quarterly.

Key information about Greece Short Term Interest Rate

• Greece Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month.
• Greece Short Term Interest Rate data is updated monthly, available from Dec 1998 to Nov 2021.
• The data reached an all-time high of 5.28 % pa in Sep 2008 and a record low of -0.57 % pa in Nov 2021.
• Short Term Interest Rate is reported by reported by European Money Markets Institute.

• In the latest reports, Greece Government Bond Yield: Average: 10 Years was reported at 4.08 % pa in Sep 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.50 % pa in Sep 2023.
• Greece Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.