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.

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.

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 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 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 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.

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.

GDP from Mining in Greece decreased to 6533.08 EUR Million in the first quarter of 2025 from 6613.68 EUR Million in the fourth quarter of 2024. This dataset provides - Greece Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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: 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;

GDP from Services in Greece decreased to 7977.31 EUR Million in the first quarter of 2025 from 9556.96 EUR Million in the fourth quarter of 2024. This dataset provides - Greece Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Greece (LFEACNTTGRQ647S) from Q1 1998 to Q4 2024 about Greece, construction, and employment.

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Greece (LFEASETTGRA647S) from 1998 to 2024 about Greece, services, and employment.

Greece GR: General Government: Expenditure: % of GDP data was reported at 45.365 % in 2023. This records an increase from the previous number of 44.888 % for 2022. Greece GR: General Government: Expenditure: % of GDP data is updated yearly, averaging 46.137 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 54.086 % in 2011 and a record low of 34.706 % in 1991. Greece GR: General Government: Expenditure: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Greece – Table GR.IMF.FM: Government Finance Statistics.

Greece GR: Goods Trade: % of GDP data was reported at 44.659 % in 2017. This records an increase from the previous number of 39.964 % for 2016. Greece GR: Goods Trade: % of GDP data is updated yearly, averaging 27.649 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 44.659 % in 2017 and a record low of 17.857 % in 1962. Greece GR: Goods Trade: % of GDP 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: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Greece (LFEAAGTTGRA647N) from 1998 to 2024 about Greece, agriculture, and employment.

Full Year GDP Growth in Greece remained unchanged at 2.30 percent in 2024 from 2.30 percent in 2023. This dataset includes a chart with historical data for Greece Full Year GDP Growth.

The gross domestic product (GDP) per capita in Greece amounted to 24,720 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 18,850 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 6,290 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).