Annual GDP growth in Greece
Greece: Annual GDP growth was 2.1% in 2024. ◆ Volatile
Annual GDP growth in Greece, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Greece is 2.1%, measured in 2024.
That represents a change of down 2.3% on the previous year and up 164.6% over ten years.
Over the whole period, annual gdp growth in Greece peaked at 8.7% in 2021 and was at its lowest, -9.9%, in 2011.
That places Greece 142nd out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Greece, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | 4.7% | +12.3% |
| 2002 | 4.7% | +0.6% |
| 2003 | 5.8% | +23.9% |
| 2004 | 5.4% | -7.2% |
| 2005 | 1.2% | -78.1% |
| 2006 | 6.4% | +445.8% |
| 2007 | 3.5% | -45.5% |
| 2008 | 0.1% | -98.3% |
| 2009 | -4.1% | -6966.7% |
| 2010 | -5.7% | +38.1% |
| 2011 | -9.9% | +73.6% |
| 2012 | -8.3% | -15.7% |
| 2013 | -2.3% | -72.7% |
| 2014 | 0.8% | -134.8% |
| 2015 | -0.2% | -129.1% |
| 2016 | -0.0% | -87.0% |
| 2017 | 1.5% | -5000.0% |
| 2018 | 2.1% | +40.1% |
| 2019 | 2.3% | +10.7% |
| 2020 | -9.2% | -503.5% |
| 2021 | 8.7% | -194.0% |
| 2022 | 5.5% | -36.2% |
| 2023 | 2.1% | -61.2% |
| 2024 | 2.1% | -2.3% |
Greece compared with similar countries
- Greece's 2.1% is below the median for high income countries, which is 2.1%, 98% of the median. (83 countries reporting)
- Greece's 2.1% is below the median for Europe & Central Asia, which is 2.1%, 98% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -6966.7% | 0.1% | -4.1% |
| 2017 | +5000.0% | -0.0% | 1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | -4.1% | 6.4% | 10 |
| 2010s | -2.0% | -9.9% | 2.3% | 10 |
| 2020s | 1.8% | -9.2% | 8.7% | 5 |
Countries ranked near Greece
- 139 Mozambique 2.1% compare
- 140 Portugal 2.1% compare
- 141 Norway 2.1% compare
- 143 Dominica 2.0% compare
- 144 Saudi Arabia 2.0% compare
- 144 South Korea 2.0% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Greece?
- Annual gdp growth in Greece was 2.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Greece?
- The highest recorded value was 8.7% in 2021.
- What is the lowest annual gdp growth recorded in Greece?
- The lowest recorded value was -9.9% in 2011.
- How does Greece rank for annual gdp growth?
- Greece ranks 142nd out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Greece?
- Over the last ten years it is up 164.6%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%).