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.
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Key information about Greece Government Debt: % of GDP
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Key information about Greece National Government Debt
In September 2024, the national debt of the United States had risen up to 35.46 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising. U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief. International public debt Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product. The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland. Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period. Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.
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External 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 External Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Greece External Debt
This statistic shows the national debt in the member states of the European Union in the second quarter of 2024. The data refer to the entire state and are comprised of the debts of central government, provinces, municipalities, local authorities and social security. In the second quarter of 2024, Greece's national debt amounted to about 369.4 billion euros. National debt in the EU member states National or government debt is the debt owed by a central government. No country in the European Union is debt-free, although some are able to manage their debts better than others. Debt is influenced by the economic situation of a country, factors such as unemployment, the rate of inflation or the trade figures have a significant impact on its extent, and are, in turn, influenced by the national debt. The economic crisis has hit some EU countries harder than others; Spain, Ireland and Greece especially have been struggling economically since 2008. Greece’s national debt has skyrocketed over the past few years, and the same can be said about Spain and Ireland. Other EU countries, like France and the United Kingdom have been affected as well, albeit not as severely. The national debt of a country can be reduced by applying several measures: money can be borrowed (for example in the form of rescue packages), austerity programs can be enforced, taxes can be increased or central banks can inject liquidity into the economy through the implementation of quantitative easing policies. Some critics of the policy claim that this could lead to a higher level of inflation, which, if severe enough, could have a detrimental impact on living standards.
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Greece GR: Gross Public Debt: USD: General Government data was reported at 376.994 USD bn in Jun 2018. This records a decrease from the previous number of 397.436 USD bn for Mar 2018. Greece GR: Gross Public Debt: USD: General Government data is updated quarterly, averaging 343.909 USD bn from Mar 2000 (Median) to Jun 2018, with 74 observations. The data reached an all-time high of 494.375 USD bn in Jun 2011 and a record low of 129.801 USD bn in Sep 2000. Greece GR: Gross Public Debt: USD: General Government 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: General Government.
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Greece GR: Gross Public Debt: USD: General Government: Loans data was reported at 303.704 USD bn in Jun 2018. This records a decrease from the previous number of 320.677 USD bn for Mar 2018. Greece GR: Gross Public Debt: USD: General Government: Loans data is updated quarterly, averaging 55.047 USD bn from Mar 2000 (Median) to Jun 2018, with 74 observations. The data reached an all-time high of 332.758 USD bn in Jun 2014 and a record low of 33.935 USD bn in Sep 2000. Greece GR: Gross Public Debt: USD: General Government: Loans 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: General Government.
In 2024, the national debt of India amounted to around 3.16 trillion U.S. dollars. Projections show an upward trend, with a significant increase each year. Honor thy national debtNational debt, also called government debt or public debt, is money owed by the federal government. It can be divided into internal debt, (which is owed to lenders in the country) and external debt (which is owed to foreign lenders). National debt is created and increased by using government bonds, for example, or by borrowing money from other nations due to financial struggles (well-known case in point: Greece). A quite complex issue, national debt is expected to be paid back in accordance with certain regulations overseen by the Bank for International Settlements (BIS), a financial organization owned by central banks. India’s debt is rising, but so is its economic growthIndia’s liabilities have increased significantly, and forecasts show no end in sight. While India is a fast-growing economy and considered one of the main emerging economies, the so-called BRIC countries, India has been investing and borrowing money from commercial banks as well as several non-banking finance companies, and its national debt today makes up almost 70 percent of its GDP. Luckily, even though the national debt is forecast to increase, this share of GDP is predicted to decrease, as is the trade deficit in the long run, despite a significant jump back into the red in 2017.
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.
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Greece GR: Gross Public Debt: USD: Central Government data was reported at 394.881 USD bn in Jun 2018. This records a decrease from the previous number of 415.897 USD bn for Mar 2018. Greece GR: Gross Public Debt: USD: Central Government data is updated quarterly, averaging 362.637 USD bn from Mar 2000 (Median) to Jun 2018, with 74 observations. The data reached an all-time high of 528.581 USD bn in Jun 2011 and a record low of 141.664 USD bn in Sep 2000. Greece GR: Gross Public Debt: USD: Central Government 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: Central Government.
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Gross Ext. Debt Pos., General Government, Long-term, Debt securities, USD in Greece was reported at 23443675500 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greece - Gross Ext. Debt Pos., General Government, Long-term, Debt securities, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Gross Ext. Debt Pos., General Government, Short-term, Debt securities, USD in Greece was reported at 1384320000 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greece - Gross Ext. Debt Pos., General Government, Short-term, Debt securities, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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.
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Gross Ext. Debt Pos., General Government, Long-term, All instruments, USD in Greece was reported at 290729126399 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greece - Gross Ext. Debt Pos., General Government, Long-term, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.
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</ul>Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.
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Gross Ext. Debt Pos., General Government, All maturities, All instruments, USD in Greece was reported at 292119935399 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greece - Gross Ext. Debt Pos., General Government, All maturities, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Greece GR: Gross Public Debt: USD: Central Government: Loans data was reported at 312.938 USD bn in Jun 2018. This records a decrease from the previous number of 330.006 USD bn for Mar 2018. Greece GR: Gross Public Debt: USD: Central Government: Loans data is updated quarterly, averaging 52.213 USD bn from Mar 2000 (Median) to Jun 2018, with 74 observations. The data reached an all-time high of 333.927 USD bn in Jun 2014 and a record low of 32.990 USD bn in Sep 2000. Greece GR: Gross Public Debt: USD: Central Government: Loans 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: Central Government.
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GR: Gross Public Debt: USD: General Government: Debt Securities and Loans data was reported at 373.535 USD bn in Dec 2017. This records an increase from the previous number of 362.953 USD bn for Sep 2017. GR: Gross Public Debt: USD: General Government: Debt Securities and Loans data is updated quarterly, averaging 333.831 USD bn from Mar 2000 (Median) to Dec 2017, with 72 observations. The data reached an all-time high of 492.781 USD bn in Jun 2011 and a record low of 129.356 USD bn in Sep 2000. GR: Gross Public Debt: USD: General Government: Debt Securities and Loans 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: General Government.
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.