Expense in Greece
Greece: Expense was 47.3% in 2023. ▲ Rising
Expense in Greece, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Greece stood at 47.3%.
Compared with earlier readings it is down 6.9% on the previous year and down 22.9% over ten years.
Over the whole period, expense in Greece peaked at 61.4% in 2013 and was at its lowest, 16.0%, in 1973.
Greece ranks 7th of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Expense in Greece, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 16.3% | — |
| 1973 | 16.0% | -1.8% |
| 1974 | 18.5% | +15.1% |
| 1975 | 18.2% | -1.6% |
| 1976 | 19.6% | +8.1% |
| 1977 | 20.6% | +4.9% |
| 1978 | 20.4% | -0.8% |
| 1979 | 20.3% | -0.9% |
| 1980 | 21.7% | +7.1% |
| 1981 | 24.5% | +13.0% |
| 1982 | 34.2% | +39.4% |
| 1983 | 27.8% | -18.7% |
| 1984 | 31.7% | +14.1% |
| 1985 | 32.0% | +1.1% |
| 1986 | 31.8% | -0.6% |
| 1987 | 34.8% | +9.4% |
| 1988 | 34.6% | -0.6% |
| 1989 | 38.8% | +12.1% |
| 1990 | 42.9% | +10.5% |
| 1995 | 44.5% | +3.8% |
| 1996 | 44.4% | -0.3% |
| 1997 | 43.8% | -1.5% |
| 1998 | 44.2% | +1.0% |
| 1999 | 43.5% | -1.6% |
| 2000 | 44.4% | +2.3% |
| 2001 | 43.8% | -1.5% |
| 2002 | 43.2% | -1.4% |
| 2003 | 43.2% | -0.0% |
| 2004 | 44.6% | +3.2% |
| 2005 | 43.9% | -1.4% |
| 2006 | 43.1% | -1.8% |
| 2007 | 44.7% | +3.7% |
| 2008 | 47.9% | +7.0% |
| 2009 | 52.0% | +8.6% |
| 2010 | 51.1% | -1.7% |
| 2011 | 54.8% | +7.3% |
| 2012 | 57.4% | +4.7% |
| 2013 | 61.4% | +6.9% |
| 2014 | 49.7% | -18.9% |
| 2015 | 52.2% | +5.0% |
| 2016 | 48.9% | -6.4% |
| 2017 | 47.7% | -2.4% |
| 2018 | 48.0% | +0.7% |
| 2019 | 46.9% | -2.3% |
| 2020 | 58.1% | +23.7% |
| 2021 | 54.8% | -5.6% |
| 2022 | 50.8% | -7.4% |
| 2023 | 47.3% | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.7% | 16.0% | 20.6% | 8 |
| 1980s | 31.2% | 21.7% | 38.8% | 10 |
| 1990s | 43.9% | 42.9% | 44.5% | 6 |
| 2000s | 45.1% | 43.1% | 52.0% | 10 |
| 2010s | 51.8% | 46.9% | 61.4% | 10 |
| 2020s | 52.8% | 47.3% | 58.1% | 4 |
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)
- GNI (current LCU), annual growth rate 5.71 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8664 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 23,347 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -5.98 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -5.87 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 13.95 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1376 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,708 current US$ per person (2025)
Frequently asked questions
- What is expense in Greece?
- Expense in Greece was 47.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Greece?
- The highest recorded value was 61.4% in 2013.
- What is the lowest expense recorded in Greece?
- The lowest recorded value was 16.0% in 1973.
- How does Greece rank for expense?
- Greece ranks 7th out of 157 countries with data for 2023.
- Is expense rising or falling in Greece?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.