Adjusted savings: net national savings in Greece
Greece: Adjusted savings: net national savings was -3.9% in 2021. ◆ Volatile
Adjusted savings: net national savings in Greece, 2006–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Greece recorded -3.9% for adjusted savings: net national savings in 2021.
Compared with earlier readings it is up 55.4% on the previous year and up 70.2% over ten years.
Over the whole period, adjusted savings: net national savings in Greece peaked at 1.1% in 2006 and was at its lowest, -13.3%, in 2011.
Greece ranks 164th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Greece, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2006 | 1.1% | — |
| 2007 | -1.7% | -260.7% |
| 2008 | -5.1% | +193.3% |
| 2009 | -10.2% | +100.1% |
| 2010 | -9.5% | -6.3% |
| 2011 | -13.3% | +39.2% |
| 2012 | -10.2% | -23.4% |
| 2013 | -7.5% | -25.7% |
| 2014 | -6.5% | -14.2% |
| 2015 | -6.0% | -7.1% |
| 2016 | -5.8% | -4.0% |
| 2017 | -6.1% | +6.2% |
| 2018 | -5.7% | -7.6% |
| 2019 | -4.5% | -20.3% |
| 2020 | -8.8% | +95.8% |
| 2021 | -3.9% | -55.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.0% | -10.2% | 1.1% | 4 |
| 2010s | -7.5% | -13.3% | -4.5% | 10 |
| 2020s | -6.4% | -8.8% | -3.9% | 2 |
Countries ranked near Greece
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate -1.69 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3492 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 9,411 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 1.65 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2999 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 8,082 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 15.27 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1688 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Greece?
- Adjusted savings: net national savings in Greece was -3.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Greece?
- The highest recorded value was 1.1% in 2006.
- What is the lowest adjusted savings: net national savings recorded in Greece?
- The lowest recorded value was -13.3% in 2011.
- How does Greece rank for adjusted savings: net national savings?
- Greece ranks 164th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Greece?
- Over the last ten years it is up 70.2%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.