Government procurement spending as share of GDP in Greece
Greece: Government procurement spending as share of GDP was 11.7% in 2024. ▼ Falling
Government procurement spending as share of GDP in Greece, 2007–2024
Source: OECD (2026) – with minor processing by Our World in Data. Measured in % of GDP.
Analysis
In 2024, government procurement spending as share of gdp in Greece stood at 11.7%.
Compared with earlier readings it is down 6.6% on the previous year and up 6.5% over ten years.
Over the whole period, government procurement spending as share of gdp in Greece peaked at 15.7% in 2009 and was at its lowest, 10.0%, in 2019.
Greece ranks 30th of 43 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Government procurement spending as share of GDP in Greece, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2007 | 14.4% | — |
| 2008 | 14.9% | +3.3% |
| 2009 | 15.7% | +5.6% |
| 2010 | 13.0% | -17.3% |
| 2011 | 10.8% | -17.0% |
| 2012 | 10.8% | +0.5% |
| 2013 | 10.9% | +1.0% |
| 2014 | 11.0% | +0.4% |
| 2015 | 11.5% | +4.8% |
| 2016 | 11.4% | -1.2% |
| 2017 | 12.2% | +7.7% |
| 2018 | 10.3% | -15.5% |
| 2019 | 10.0% | -3.7% |
| 2020 | 11.7% | +17.8% |
| 2021 | 12.3% | +4.8% |
| 2022 | 12.2% | -0.6% |
| 2023 | 12.5% | +2.5% |
| 2024 | 11.7% | -6.6% |
Greece compared with similar countries
- Greece's 11.7% is below the median for high income countries, which is 14.0%, 83% of the median. (37 countries reporting)
- Greece's 11.7% is below the median for Europe & Central Asia, which is 14.0%, 84% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.0% | 14.4% | 15.7% | 3 |
| 2010s | 11.2% | 10.0% | 13.0% | 10 |
| 2020s | 12.1% | 11.7% | 12.5% | 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)
- 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 government procurement spending as share of gdp in Greece?
- Government procurement spending as share of gdp in Greece was 11.7% in 2024, according to OECD (2026) – with minor processing by Our World in Data.
- What is the highest government procurement spending as share of gdp recorded in Greece?
- The highest recorded value was 15.7% in 2009.
- What is the lowest government procurement spending as share of gdp recorded in Greece?
- The lowest recorded value was 10.0% in 2019.
- How does Greece rank for government procurement spending as share of gdp?
- Greece ranks 30th out of 43 countries with data for 2024.
- Is government procurement spending as share of gdp rising or falling in Greece?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from OECD (2026) – with minor processing by Our World in Data, published as part of Government procurement spending as share of GDP. Statizoid updates them automatically from the source API.
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About this data
This data is divided by gross domestic product, expressed as a percentage.