Government spending vs. GDP in Greece

Greece: Government spending vs. GDP was 41.73 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
41.73 billion constant 2015 US$
Change on year
up 0.3%
World rank
45th
of 166 countries
All-time high
50.51 billion constant 2015 US$
in 2007
All-time low
8.16 billion constant 2015 US$
in 1960
Years of data
66
1960–2025

Government spending vs. GDP in Greece, 1960–2025

10.0B20.0B30.0B40.0B50.0B196019922025

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.

Analysis

The most recent figure for government spending vs. gdp in Greece is 41.73 billion constant 2015 US$, measured in 2025.

The figure is up 0.3% on the previous year and up 3.1% over ten years.

Over the whole period, government spending vs. gdp in Greece peaked at 50.51 billion constant 2015 US$ in 2007 and was at its lowest, 8.16 billion constant 2015 US$, in 1960.

Greece ranks 45th of 166 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 66 years of available data.

Government spending vs. GDP in Greece, year by year

Annual values for Government spending vs. GDP in Greece, 1960 to 2025.
Year constant 2015 US$ Change
1960 8.16 billion constant 2015 US$
1961 8.52 billion constant 2015 US$ +4.4%
1962 9.09 billion constant 2015 US$ +6.7%
1963 9.47 billion constant 2015 US$ +4.2%
1964 10.36 billion constant 2015 US$ +9.3%
1965 11.28 billion constant 2015 US$ +9.0%
1966 11.99 billion constant 2015 US$ +6.3%
1967 13.01 billion constant 2015 US$ +8.5%
1968 13.18 billion constant 2015 US$ +1.3%
1969 14.19 billion constant 2015 US$ +7.7%
1970 15.03 billion constant 2015 US$ +5.9%
1971 15.77 billion constant 2015 US$ +4.9%
1972 16.67 billion constant 2015 US$ +5.7%
1973 17.77 billion constant 2015 US$ +6.6%
1974 19.95 billion constant 2015 US$ +12.3%
1975 22.33 billion constant 2015 US$ +11.9%
1976 23.48 billion constant 2015 US$ +5.1%
1977 25.01 billion constant 2015 US$ +6.5%
1978 25.88 billion constant 2015 US$ +3.5%
1979 27.40 billion constant 2015 US$ +5.8%
1980 27.45 billion constant 2015 US$ +0.2%
1981 29.32 billion constant 2015 US$ +6.8%
1982 28.72 billion constant 2015 US$ -2.0%
1983 29.76 billion constant 2015 US$ +3.6%
1984 30.56 billion constant 2015 US$ +2.7%
1985 31.73 billion constant 2015 US$ +3.8%
1986 31.38 billion constant 2015 US$ -1.1%
1987 31.45 billion constant 2015 US$ +0.2%
1988 29.72 billion constant 2015 US$ -5.5%
1989 31.33 billion constant 2015 US$ +5.4%
1990 31.51 billion constant 2015 US$ +0.6%
1991 31.04 billion constant 2015 US$ -1.5%
1992 30.11 billion constant 2015 US$ -3.0%
1993 30.89 billion constant 2015 US$ +2.6%
1994 30.55 billion constant 2015 US$ -1.1%
1995 32.27 billion constant 2015 US$ +5.6%
1996 33.86 billion constant 2015 US$ +5.0%
1997 33.94 billion constant 2015 US$ +0.2%
1998 34.58 billion constant 2015 US$ +1.9%
1999 35.79 billion constant 2015 US$ +3.5%
2000 37.16 billion constant 2015 US$ +3.8%
2001 38.95 billion constant 2015 US$ +4.8%
2002 39.85 billion constant 2015 US$ +2.3%
2003 41.64 billion constant 2015 US$ +4.5%
2004 43.34 billion constant 2015 US$ +4.1%
2005 44.90 billion constant 2015 US$ +3.6%
2006 48.16 billion constant 2015 US$ +7.2%
2007 50.51 billion constant 2015 US$ +4.9%
2008 49.29 billion constant 2015 US$ -2.4%
2009 50.40 billion constant 2015 US$ +2.3%
2010 48.28 billion constant 2015 US$ -4.2%
2011 44.80 billion constant 2015 US$ -7.2%
2012 42.61 billion constant 2015 US$ -4.9%
2013 39.93 billion constant 2015 US$ -6.3%
2014 39.53 billion constant 2015 US$ -1.0%
2015 40.48 billion constant 2015 US$ +2.4%
2016 40.60 billion constant 2015 US$ +0.3%
2017 40.14 billion constant 2015 US$ -1.1%
2018 38.80 billion constant 2015 US$ -3.3%
2019 39.59 billion constant 2015 US$ +2.0%
2020 40.79 billion constant 2015 US$ +3.0%
2021 41.53 billion constant 2015 US$ +1.8%
2022 41.52 billion constant 2015 US$ -0.0%
2023 42.69 billion constant 2015 US$ +2.8%
2024 41.60 billion constant 2015 US$ -2.6%
2025 41.73 billion constant 2015 US$ +0.3%

Greece compared with similar countries

  • Greece's 41.73 billion constant 2015 US$ is above the median for high income countries, which is 41.36 billion constant 2015 US$, 1.0× the median. (60 countries reporting)
  • Greece's 41.73 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 20.68 billion constant 2015 US$, 2.0× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.93 billion constant 2015 US$ 8.16 billion constant 2015 US$ 14.19 billion constant 2015 US$ 10
1970s 20.93 billion constant 2015 US$ 15.03 billion constant 2015 US$ 27.40 billion constant 2015 US$ 10
1980s 30.14 billion constant 2015 US$ 27.45 billion constant 2015 US$ 31.73 billion constant 2015 US$ 10
1990s 32.46 billion constant 2015 US$ 30.11 billion constant 2015 US$ 35.79 billion constant 2015 US$ 10
2000s 44.42 billion constant 2015 US$ 37.16 billion constant 2015 US$ 50.51 billion constant 2015 US$ 10
2010s 41.48 billion constant 2015 US$ 38.80 billion constant 2015 US$ 48.28 billion constant 2015 US$ 10
2020s 41.65 billion constant 2015 US$ 40.79 billion constant 2015 US$ 42.69 billion constant 2015 US$ 6

Countries ranked near Greece

  1. 42 Czechia 45.69 billion constant 2015 US$ compare
  2. 43 New Zealand 44.88 billion constant 2015 US$ compare
  3. 44 Hong Kong 42.14 billion constant 2015 US$ compare
  4. 46 Vietnam 41.64 billion constant 2015 US$ compare
  5. 47 Portugal 40.98 billion constant 2015 US$ compare
  6. 48 Pakistan 38.17 billion constant 2015 US$ compare

See the full ranking of 166 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is government spending vs. gdp in Greece?
Government spending vs. gdp in Greece was 41.73 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest government spending vs. gdp recorded in Greece?
The highest recorded value was 50.51 billion constant 2015 US$ in 2007.
What is the lowest government spending vs. gdp recorded in Greece?
The lowest recorded value was 8.16 billion constant 2015 US$ in 1960.
How does Greece rank for government spending vs. gdp?
Greece ranks 45th out of 166 countries with data for 2025.
Is government spending vs. gdp rising or falling in Greece?
Over the last ten years it is up 3.1%. The long-run trend across the full record is rising.
Where does this Greece data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.

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Government spending vs. GDP in Greece. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/government-expenditure-vs-gdp/greece/

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.