Divergence of GDP per capita among latecomers to the capitalist revolution in Greece
Greece: Divergence of GDP per capita among latecomers to the capitalist revolution was 23,451 2011$ in 2018. ◆ Volatile
Divergence of GDP per capita among latecomers to the capitalist revolution in Greece, 1833–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Greece is 23,451 2011$, measured in 2018.
That represents a change of up 2.1% on the previous year and down 18.9% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Greece peaked at 28,908 2011$ in 2008 and was at its lowest, 1,352 2011$, in 1917.
That places Greece 47th out of 145 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Greece, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1833 | 1,537 2011$ | — |
| 1834 | 1,635 2011$ | +6.4% |
| 1835 | 2,138 2011$ | +30.8% |
| 1836 | 2,067 2011$ | -3.3% |
| 1837 | 2,120 2011$ | +2.6% |
| 1838 | 2,230 2011$ | +5.2% |
| 1839 | 2,020 2011$ | -9.4% |
| 1840 | 1,932 2011$ | -4.4% |
| 1841 | 1,918 2011$ | -0.7% |
| 1842 | 1,959 2011$ | +2.1% |
| 1843 | 1,653 2011$ | -15.6% |
| 1844 | 1,602 2011$ | -3.1% |
| 1845 | 1,543 2011$ | -3.7% |
| 1846 | 1,691 2011$ | +9.6% |
| 1847 | 1,441 2011$ | -14.8% |
| 1848 | 1,554 2011$ | +7.8% |
| 1849 | 1,591 2011$ | +2.4% |
| 1850 | 1,607 2011$ | +1.0% |
| 1851 | 1,969 2011$ | +22.5% |
| 1852 | 1,663 2011$ | -15.5% |
| 1853 | 1,822 2011$ | +9.6% |
| 1854 | 1,908 2011$ | +4.7% |
| 1855 | 2,007 2011$ | +5.2% |
| 1856 | 1,757 2011$ | -12.5% |
| 1857 | 2,278 2011$ | +29.7% |
| 1858 | 2,197 2011$ | -3.6% |
| 1859 | 2,161 2011$ | -1.6% |
| 1860 | 2,125 2011$ | -1.7% |
| 1861 | 2,262 2011$ | +6.4% |
| 1862 | 2,283 2011$ | +0.9% |
| 1863 | 2,039 2011$ | -10.7% |
| 1864 | 1,854 2011$ | -9.1% |
| 1865 | 1,981 2011$ | +6.9% |
| 1866 | 1,890 2011$ | -4.6% |
| 1867 | 1,997 2011$ | +5.7% |
| 1868 | 2,020 2011$ | +1.2% |
| 1869 | 1,992 2011$ | -1.4% |
| 1870 | 1,938 2011$ | -2.7% |
| 1871 | 1,859 2011$ | -4.1% |
| 1872 | 1,806 2011$ | -2.9% |
| 1873 | 2,128 2011$ | +17.8% |
| 1874 | 2,013 2011$ | -5.4% |
| 1875 | 1,929 2011$ | -4.2% |
| 1876 | 1,921 2011$ | -0.4% |
| 1877 | 1,804 2011$ | -6.1% |
| 1878 | 1,985 2011$ | +10.0% |
| 1879 | 2,063 2011$ | +3.9% |
| 1880 | 2,028 2011$ | -1.7% |
| 1881 | 1,970 2011$ | -2.9% |
| 1882 | 2,098 2011$ | +6.5% |
| 1883 | 2,091 2011$ | -0.3% |
| 1884 | 2,351 2011$ | +12.4% |
| 1885 | 2,536 2011$ | +7.9% |
| 1886 | 2,426 2011$ | -4.3% |
| 1887 | 2,511 2011$ | +3.5% |
| 1888 | 2,566 2011$ | +2.2% |
| 1889 | 2,391 2011$ | -6.8% |
| 1890 | 2,257 2011$ | -5.6% |
| 1891 | 1,967 2011$ | -12.8% |
| 1892 | 2,053 2011$ | +4.4% |
| 1893 | 2,185 2011$ | +6.4% |
| 1894 | 2,233 2011$ | +2.2% |
| 1895 | 2,149 2011$ | -3.8% |
| 1896 | 2,359 2011$ | +9.8% |
| 1897 | 2,004 2011$ | -15.0% |
| 1898 | 2,165 2011$ | +8.0% |
| 1899 | 2,209 2011$ | +2.0% |
| 1900 | 1,972 2011$ | -10.7% |
| 1901 | 1,890 2011$ | -4.2% |
| 1902 | 2,423 2011$ | +28.2% |
| 1903 | 2,367 2011$ | -2.3% |
| 1904 | 2,498 2011$ | +5.5% |
| 1905 | 2,560 2011$ | +2.5% |
| 1906 | 2,530 2011$ | -1.2% |
| 1907 | 2,565 2011$ | +1.4% |
| 1908 | 2,550 2011$ | -0.6% |
| 1909 | 2,601 2011$ | +2.0% |
| 1910 | 2,592 2011$ | -0.3% |
| 1911 | 3,231 2011$ | +24.7% |
| 1912 | 3,135 2011$ | -3.0% |
| 1913 | 1,876 2011$ | -40.2% |
| 1914 | 2,394 2011$ | +27.6% |
| 1915 | 1,822 2011$ | -23.9% |
| 1916 | 1,549 2011$ | -15.0% |
| 1917 | 1,352 2011$ | -12.7% |
| 1918 | 2,279 2011$ | +68.6% |
| 1919 | 2,031 2011$ | -10.9% |
| 1920 | 2,284 2011$ | +12.5% |
| 1921 | 3,057 2011$ | +33.8% |
| 1922 | 3,129 2011$ | +2.4% |
| 1923 | 3,169 2011$ | +1.3% |
| 1924 | 3,279 2011$ | +3.5% |
| 1925 | 3,411 2011$ | +4.0% |
| 1926 | 3,475 2011$ | +1.9% |
| 1927 | 3,539 2011$ | +1.8% |
| 1928 | 3,561 2011$ | +0.6% |
| 1929 | 3,733 2011$ | +4.8% |
| 1930 | 3,599 2011$ | -3.6% |
| 1931 | 3,402 2011$ | -5.5% |
| 1932 | 3,649 2011$ | +7.3% |
| 1933 | 3,818 2011$ | +4.6% |
| 1934 | 3,854 2011$ | +0.9% |
| 1935 | 3,953 2011$ | +2.6% |
| 1936 | 3,913 2011$ | -1.0% |
| 1937 | 4,414 2011$ | +12.8% |
| 1938 | 4,267 2011$ | -3.3% |
| 1939 | 4,205 2011$ | -1.5% |
| 1940 | 3,543 2011$ | -15.7% |
| 1941 | 2,987 2011$ | -15.7% |
| 1942 | 2,517 2011$ | -15.7% |
| 1943 | 2,115 2011$ | -16.0% |
| 1944 | 1,779 2011$ | -15.9% |
| 1945 | 1,495 2011$ | -16.0% |
| 1946 | 2,209 2011$ | +47.8% |
| 1947 | 2,810 2011$ | +27.2% |
| 1948 | 2,866 2011$ | +2.0% |
| 1949 | 2,979 2011$ | +3.9% |
| 1950 | 3,052 2011$ | +2.5% |
| 1951 | 3,287 2011$ | +7.7% |
| 1952 | 3,272 2011$ | -0.5% |
| 1953 | 3,681 2011$ | +12.5% |
| 1954 | 3,759 2011$ | +2.1% |
| 1955 | 4,007 2011$ | +6.6% |
| 1956 | 4,313 2011$ | +7.6% |
| 1957 | 4,557 2011$ | +5.7% |
| 1958 | 4,723 2011$ | +3.6% |
| 1959 | 4,846 2011$ | +2.6% |
| 1960 | 5,015 2011$ | +3.5% |
| 1961 | 5,408 2011$ | +7.8% |
| 1962 | 5,577 2011$ | +3.1% |
| 1963 | 6,122 2011$ | +9.8% |
| 1964 | 6,601 2011$ | +7.8% |
| 1965 | 7,187 2011$ | +8.9% |
| 1966 | 7,570 2011$ | +5.3% |
| 1967 | 7,892 2011$ | +4.3% |
| 1968 | 8,394 2011$ | +6.4% |
| 1969 | 9,191 2011$ | +9.5% |
| 1970 | 9,900 2011$ | +7.7% |
| 1971 | 10,559 2011$ | +6.7% |
| 1972 | 11,795 2011$ | +11.7% |
| 1973 | 12,202 2011$ | +3.5% |
| 1974 | 11,716 2011$ | -4.0% |
| 1975 | 12,309 2011$ | +5.1% |
| 1976 | 12,919 2011$ | +5.0% |
| 1977 | 13,158 2011$ | +1.8% |
| 1978 | 13,860 2011$ | +5.3% |
| 1979 | 14,193 2011$ | +2.4% |
| 1980 | 14,300 2011$ | +0.8% |
| 1981 | 14,180 2011$ | -0.8% |
| 1982 | 14,153 2011$ | -0.2% |
| 1983 | 14,132 2011$ | -0.1% |
| 1984 | 14,453 2011$ | +2.3% |
| 1985 | 14,850 2011$ | +2.7% |
| 1986 | 15,047 2011$ | +1.3% |
| 1987 | 14,944 2011$ | -0.7% |
| 1988 | 15,596 2011$ | +4.4% |
| 1989 | 16,117 2011$ | +3.3% |
| 1990 | 15,964 2011$ | -0.9% |
| 1991 | 16,410 2011$ | +2.8% |
| 1992 | 16,546 2011$ | +0.8% |
| 1993 | 16,331 2011$ | -1.3% |
| 1994 | 16,724 2011$ | +2.4% |
| 1995 | 17,148 2011$ | +2.5% |
| 1996 | 17,720 2011$ | +3.3% |
| 1997 | 18,588 2011$ | +4.9% |
| 1998 | 19,379 2011$ | +4.3% |
| 1999 | 20,077 2011$ | +3.6% |
| 2000 | 20,965 2011$ | +4.4% |
| 2001 | 21,914 2011$ | +4.5% |
| 2002 | 22,894 2011$ | +4.5% |
| 2003 | 24,380 2011$ | +6.5% |
| 2004 | 25,780 2011$ | +5.7% |
| 2005 | 26,092 2011$ | +1.2% |
| 2006 | 27,731 2011$ | +6.3% |
| 2007 | 28,823 2011$ | +3.9% |
| 2008 | 28,908 2011$ | +0.3% |
| 2009 | 27,840 2011$ | -3.7% |
| 2010 | 26,518 2011$ | -4.8% |
| 2011 | 24,349 2011$ | -8.2% |
| 2012 | 22,693 2011$ | -6.8% |
| 2013 | 22,118 2011$ | -2.5% |
| 2014 | 22,344 2011$ | +1.0% |
| 2015 | 22,442 2011$ | +0.4% |
| 2016 | 22,574 2011$ | +0.6% |
| 2017 | 22,959 2011$ | +1.7% |
| 2018 | 23,451 2011$ | +2.1% |
Greece compared with similar countries
- Greece's 23,451 2011$ is below the median for high income countries, which is 35,336 2011$, 66% of the median. (51 countries reporting)
- Greece's 23,451 2011$ is below the median for Europe & Central Asia, which is 27,056 2011$, 87% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1918 | +68.6% | 1,352 2011$ | 2,279 2011$ |
| 1946 | +47.8% | 1,495 2011$ | 2,209 2011$ |
| 1913 | -40.2% | 3,135 2011$ | 1,876 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1830s | 1,964 2011$ | 1,537 2011$ | 2,230 2011$ | 7 |
| 1840s | 1,688 2011$ | 1,441 2011$ | 1,959 2011$ | 10 |
| 1850s | 1,937 2011$ | 1,607 2011$ | 2,278 2011$ | 10 |
| 1860s | 2,044 2011$ | 1,854 2011$ | 2,283 2011$ | 10 |
| 1870s | 1,945 2011$ | 1,804 2011$ | 2,128 2011$ | 10 |
| 1880s | 2,297 2011$ | 1,970 2011$ | 2,566 2011$ | 10 |
| 1890s | 2,158 2011$ | 1,967 2011$ | 2,359 2011$ | 10 |
| 1900s | 2,396 2011$ | 1,890 2011$ | 2,601 2011$ | 10 |
| 1910s | 2,226 2011$ | 1,352 2011$ | 3,231 2011$ | 10 |
| 1920s | 3,264 2011$ | 2,284 2011$ | 3,733 2011$ | 10 |
| 1930s | 3,907 2011$ | 3,402 2011$ | 4,414 2011$ | 10 |
| 1940s | 2,530 2011$ | 1,495 2011$ | 3,543 2011$ | 10 |
| 1950s | 3,950 2011$ | 3,052 2011$ | 4,846 2011$ | 10 |
| 1960s | 6,896 2011$ | 5,015 2011$ | 9,191 2011$ | 10 |
| 1970s | 12,261 2011$ | 9,900 2011$ | 14,193 2011$ | 10 |
| 1980s | 14,777 2011$ | 14,132 2011$ | 16,117 2011$ | 10 |
| 1990s | 17,489 2011$ | 15,964 2011$ | 20,077 2011$ | 10 |
| 2000s | 25,533 2011$ | 20,965 2011$ | 28,908 2011$ | 10 |
| 2010s | 23,272 2011$ | 22,118 2011$ | 26,518 2011$ | 9 |
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)
- 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$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Greece?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Greece was 23,451 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Greece?
- The highest recorded value was 28,908 2011$ in 2008.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Greece?
- The lowest recorded value was 1,352 2011$ in 1917.
- How does Greece rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Greece ranks 47th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Greece?
- Over the last ten years it is down 18.9%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]