Annual growth of the gross capital formation in Greece
Greece: Annual growth of the gross capital formation was 17.4% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Greece, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Greece stood at 17.4%.
The figure is up 400.3% on the previous year and up 230.0% over ten years.
Over the whole period, annual growth of the gross capital formation in Greece peaked at 27.4% in 2021 and was at its lowest, -32.5%, in 2011.
Greece ranks 17th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Greece, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 18.2% | — |
| 2001 | 1.5% | -91.7% |
| 2002 | 0.2% | -86.8% |
| 2003 | 18.6% | +9200.0% |
| 2004 | 3.3% | -82.3% |
| 2005 | -8.7% | -363.6% |
| 2006 | 24.7% | -384.1% |
| 2007 | 6.0% | -75.8% |
| 2008 | -6.4% | -206.9% |
| 2009 | -25.7% | +303.4% |
| 2010 | -9.8% | -62.0% |
| 2011 | -32.5% | +233.0% |
| 2012 | -20.9% | -35.6% |
| 2013 | -3.2% | -84.6% |
| 2014 | 5.3% | -263.2% |
| 2015 | 0.7% | -86.9% |
| 2016 | 4.2% | +513.0% |
| 2017 | -2.7% | -164.3% |
| 2018 | 8.1% | -396.7% |
| 2019 | -5.1% | -163.2% |
| 2020 | 0.1% | -102.2% |
| 2021 | 27.4% | +24772.7% |
| 2022 | 11.0% | -59.7% |
| 2023 | -5.8% | -152.5% |
| 2024 | 17.4% | -400.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | -25.7% | 24.7% | 10 |
| 2010s | -5.6% | -32.5% | 8.1% | 10 |
| 2020s | 10.0% | -5.8% | 27.4% | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0908 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,446 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0803 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,164 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0909 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,451 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,953 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.14 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Greece?
- Annual growth of the gross capital formation in Greece was 17.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Greece?
- The highest recorded value was 27.4% in 2021.
- What is the lowest annual growth of the gross capital formation recorded in Greece?
- The lowest recorded value was -32.5% in 2011.
- How does Greece rank for annual growth of the gross capital formation?
- Greece ranks 17th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Greece?
- Over the last ten years it is up 230.0%. 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 growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).