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.

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.

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.

External Debt in Greece increased to 562865.64 EUR Million in the fourth quarter of 2024 from 554311.58 EUR Million in the third quarter of 2024. This dataset provides the latest reported value for - Greece External Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The ratio of national debt to gross domestic product (GDP) of Greece was estimated at approximately 150.89 percent in 2024. Between 1980 and 2024, the ratio rose by around 128.05 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 25.82 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.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.

Greece debt to gdp ratio for 2023 was 190.61%, a 11.87% decline from 2022.

<ul style='margin-top:20px;'>

<li>Greece debt to gdp ratio for 2022 was <strong>202.48%</strong>, a <strong>30.97% decline</strong> from 2021.</li>
<li>Greece debt to gdp ratio for 2021 was <strong>233.45%</strong>, a <strong>15.92% decline</strong> from 2020.</li>
<li>Greece debt to gdp ratio for 2020 was <strong>249.37%</strong>, a <strong>38.98% increase</strong> from 2019.</li>
</ul>Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Key information about Greece External Debt: % of GDP

• Greece External Debt accounted for 246.0 % of the country's Nominal GDP in 2023, compared with the ratio of 264.1 % in the previous year.
• Greece External Debt: % of Nominal GDP data is updated yearly, available from Dec 2003 to Dec 2023.
• The data reached an all-time high of 300.8 % in Dec 2021 and a record low of 93.6 % in Dec 2003.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The Bank of Greece provides External Debt in EUR. Hellenic Statistical Authority provides Nominal GDP in EUR.


Related information about Greece External Debt: % of GDP

• In the latest reports of Greece, Current Account recorded a surplus of 717.7 USD mn in Aug 2024.
• Foreign Direct Investment (FDI) increased by 304.2 USD mn in Apr 2023.
• Greece Direct Investment Abroad expanded by 119.7 USD mn in Aug 2024.
• Its Foreign Portfolio Investment increased by 2.7 USD bn in Jun 2024.
• The country's External Debt reached 593,149.0 in Jun 2024.
• The country's Nominal GDP was reported at 57.9 USD bn in Mar 2023.

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.

Key information about Greece External Debt

• Greece External Debt reached 617.8 USD bn in Sep 2024, compared with 594.0 USD bn in the previous quarter.
• Greece External Debt: USD mn data is updated quarterly, available from Dec 2003 to Sep 2024.
• The data reached an all-time high of 628.4 USD bn in Dec 2021 and a record low of 205.3 USD bn in Dec 2003.

CEIC converts quarterly External Debt into USD. The Bank of Greece provides External Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Greece External Debt

• In the latest reports of Greece, Current Account recorded a deficit of 417.5 USD mn in Oct 2024.
• Foreign Direct Investment (FDI) increased by 304.2 USD mn in Apr 2023.
• Greece Direct Investment Abroad expanded by 69.2 USD mn in Oct 2024.
• Its Foreign Portfolio Investment increased by 1.9 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 57.9 USD bn in Mar 2023.

Key information about Greece Household Debt: % of GDP

• Greece household debt accounted for 45.2 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 46.3 % in the previous quarter.
• Greece household debt to GDP ratio is updated quarterly, available from Dec 1997 to Sep 2024.
• The data reached an all-time high of 78.0 % in Dec 2012 and a record low of 14.8 % in Mar 2000.

CEIC calculates annual Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Bank of Greece provides Household Debt in EUR. Hellenic Statistical Authority provides Nominal GDP in EUR. Household Debt includes NPISH.


Related information about Greece Household Debt: % of GDP

• In the latest reports, Greece Household Debt reached 111.2 USD bn in Dec 2022.
• Money Supply M2 in Greece increased 2.5 % YoY in Oct 2024.
• Greece Foreign Exchange Reserves was measured at 3.7 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 0.5 Months of Import in Dec 2024.
• Greece Domestic Credit reached 185.2 USD bn in Dec 2024, representing an increased of 2.5 % YoY.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in How to Solve the Greek Debt Problem, PIIE Policy Brief 18-10. If you use the data, please cite as: Zettelmeyer, Jeromin, Emilios Avgouleas, Barry Eichengreen, Miguel Poiares Maduro, Ugo Panizza, Richard Portes, Beatrice Weder di Mauro, and Charles Wyplosz. (2018). How to Solve the Greek Debt Problem. PIIE Policy Brief 18-10. Peterson Institute for International Economics.

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.

Key information about Greece External Debt: Short Term: % of GDP

• Greece External Debt: Short Term accounted for 79.9 % of the country's Nominal GDP in 2023, compared with the ratio of 85.1 % in the previous year.
• Greece External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2003 to 2023.
• The data reached an all-time high of 98.3 % in 2011 and a record low of 15.0 % in 2004.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Central Bank, Other Deposit Taking Corporations and Other Sectors. The Bank of Greece provides Short Term External Debt in EUR. Hellenic Statistical Authority provides Nominal GDP in EUR.


Related information about Greece External Debt: Short Term: % of GDP

• In the latest reports of Greece, Current Account recorded a surplus of 717.7 USD mn in Aug 2024.
• Foreign Direct Investment (FDI) increased by 304.2 USD mn in Apr 2023.
• Greece Direct Investment Abroad expanded by 119.7 USD mn in Aug 2024.
• Its Foreign Portfolio Investment increased by 2.7 USD bn in Jun 2024.
• Greece External Debt: Short Term value stood at 189.9 USD bn in Dec 2023.
• The country's Nominal GDP was reported at 57.9 USD bn in Mar 2023.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in Does Greece Need More Official Debt Relief? If So, How Much?, PIIE Working Paper 17-6. If you use the data, please cite as: Zettelmeyer, Jeromin, Eike Kreplin, and Ugo Panizza. (2017). Does Greece Need More Official Debt Relief? If So, How Much?. PIIE Working Paper 17-6. Peterson Institute for International Economics.

Greece: Short-term debt, percent of total external debt: 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 .

Greece Central Government Debt: Over 5 Years data was reported at 276,176.700 EUR mn in Sep 2018. This records an increase from the previous number of 262,560.330 EUR mn for Jun 2018. Greece Central Government Debt: Over 5 Years data is updated quarterly, averaging 259,357.015 EUR mn from Dec 2014 (Median) to Sep 2018, with 16 observations. The data reached an all-time high of 276,176.700 EUR mn in Sep 2018 and a record low of 235,995.300 EUR mn in Jun 2015. Greece Central Government Debt: Over 5 Years 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: Central Government Debt.

Key information about Greece Household Debt

• Greece Household Debt reached 111.2 USD bn in Dec 2022, compared with the reported number of 107.7 USD bn in the previous quarter
• Greece Household Debt: USD mn data is updated quarterly, available from Dec 1997 to Dec 2022
• The data reached an all-time high of 223.0 USD bn in Jun 2011 and a record low of 18.5 USD bn in Mar 2000

CEIC converts quarterly Household Debt into USD. The Bank of Greece provides Household Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions. Household Debt includes NPISH.


Further information about Greece Household Debt

• In the latest reports, Greece Household Debt accounted for 50.0 % of the country's Nominal GDP in Dec 2022
• Money Supply M2 in Greece increased 257.6 USD bn YoY in Apr 2023
• Greece Foreign Exchange Reserves was measured at 4.4 USD bn in May 2023
• The Foreign Exchange Reserves equaled 0.6 Months of Import in Apr 2023
• Greece Domestic Credit reached 160.8 USD bn in Oct 2022, representing an increased of 0.4 % YoY

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.

Households Debt in Greece decreased to 39 percent of GDP in the fourth quarter of 2024 from 39.30 percent of GDP in the third quarter of 2024. This dataset provides - Greece Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Greece External Debt: Short Term

• Greece External Debt: Short Term value stood at 192.3 USD bn in Sep 2024, compared with 189.9 USD bn in the previous quarter.
• Greece External Debt: Short Term data is updated quarterly, available from Dec 2003 to Sep 2024.
• The data reached an all-time high of 295.8 USD bn in Jun 2011 and a record low of 38.3 USD bn in Dec 2004.

CEIC calculates quarterly Short Term External Debt as the sum of quarterly Short Term External Debt breakdowns for General Government, Central Bank, Other Deposit Taking Corporations and Other Sectors and converts it into USD. The Bank of Greece provides Short Term External Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Greece External Debt: Short Term

• In the latest reports of Greece, Current Account recorded a deficit of 417.5 USD mn in Oct 2024.
• Foreign Direct Investment (FDI) increased by 304.2 USD mn in Apr 2023.
• Greece Direct Investment Abroad expanded by 69.2 USD mn in Oct 2024.
• Its Foreign Portfolio Investment increased by 1.9 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 57.9 USD bn in Mar 2023.