Gross Domestic Product — Value US$, annual growth rate in Greece

Greece: Gross Domestic Product — Value US$, annual growth rate was 5.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.6 % change on previous year
Change on year
down 50.2%
World rank
115th
of 236 countries
All-time high
32.35 % change on previous year
in 1973
All-time low
-16.82 % change on previous year
in 2015
Years of data
54
1971–2024

Gross Domestic Product — Value US$, annual growth rate in Greece, 1971–2024

-20-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product — value us$, annual growth rate in Greece is 5.6 % change on previous year, measured in 2024.

Compared with earlier readings it is down 50.2% on the previous year and up 601.4% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Greece peaked at 32.35 % change on previous year in 1973 and was at its lowest, -16.82 % change on previous year, in 2015.

That places Greece 115th out of 236 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$, annual growth rate in Greece, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Greece, 1971 to 2024.
Year % change on previous year Change
1971 11.05 % change on previous year
1972 15.72 % change on previous year +42.3%
1973 32.35 % change on previous year +105.8%
1974 13.44 % change on previous year -58.5%
1975 12.62 % change on previous year -6.1%
1976 9.2 % change on previous year -27.1%
1977 16.08 % change on previous year +74.9%
1978 22.34 % change on previous year +39.0%
1979 23.11 % change on previous year +3.4%
1980 4.33 % change on previous year -81.2%
1981 -7.92 % change on previous year -282.7%
1982 4.32 % change on previous year -154.5%
1983 -9.49 % change on previous year -319.8%
1984 -2.83 % change on previous year -70.2%
1985 -0.4272 % change on previous year -84.9%
1986 17.91 % change on previous year -4291.8%
1987 16.44 % change on previous year -8.2%
1988 16.17 % change on previous year -1.6%
1989 3.81 % change on previous year -76.4%
1990 23.66 % change on previous year +521.4%
1991 7.41 % change on previous year -68.7%
1992 10.53 % change on previous year +42.2%
1993 -6.37 % change on previous year -160.5%
1994 7.16 % change on previous year -212.4%
1995 17.39 % change on previous year +142.8%
1996 5.57 % change on previous year -68.0%
1997 -2.63 % change on previous year -147.1%
1998 0.6169 % change on previous year -123.5%
1999 2.74 % change on previous year +344.9%
2000 -11.48 % change on previous year -518.3%
2001 4 % change on previous year -134.8%
2002 13.79 % change on previous year +245.0%
2003 31.07 % change on previous year +125.3%
2004 19.32 % change on previous year -37.8%
2005 3.12 % change on previous year -83.8%
2006 11.04 % change on previous year +253.7%
2007 16.78 % change on previous year +52.0%
2008 11.74 % change on previous year -30.0%
2009 -6.92 % change on previous year -158.9%
2010 -9.3 % change on previous year +34.5%
2011 -4.45 % change on previous year -52.2%
2012 -15.67 % change on previous year +252.2%
2013 -0.9567 % change on previous year -93.9%
2014 -1.12 % change on previous year +16.8%
2015 -16.82 % change on previous year +1404.9%
2016 -0.7555 % change on previous year -95.5%
2017 3.77 % change on previous year -599.3%
2018 6.45 % change on previous year +70.9%
2019 -2.81 % change on previous year -143.6%
2020 -7.69 % change on previous year +173.7%
2021 14.08 % change on previous year -283.1%
2022 0.2643 % change on previous year -98.1%
2023 11.25 % change on previous year +4155.2%
2024 5.6 % change on previous year -50.2%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, annual growth rate 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.

YearChange FromTo
1986 +4291.8% -0.4272 % change on previous year 17.91 % change on previous year
2023 +4155.2% 0.2643 % change on previous year 11.25 % change on previous year
2015 -1404.9% -1.12 % change on previous year -16.82 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.32 % change on previous year 9.2 % change on previous year 32.35 % change on previous year 9
1980s 4.23 % change on previous year -9.49 % change on previous year 17.91 % change on previous year 10
1990s 6.61 % change on previous year -6.37 % change on previous year 23.66 % change on previous year 10
2000s 9.25 % change on previous year -11.48 % change on previous year 31.07 % change on previous year 10
2010s -4.17 % change on previous year -16.82 % change on previous year 6.45 % change on previous year 10
2020s 4.7 % change on previous year -7.69 % change on previous year 14.08 % change on previous year 5

Countries ranked near Greece

  1. 112 Maldives 5.83 % change on previous year compare
  2. 113 Liechtenstein 5.75 % change on previous year compare
  3. 114 Philippines 5.62 % change on previous year compare
  4. 116 Malaysia 5.57 % change on previous year compare
  5. 117 Anguilla 5.55 % change on previous year compare
  6. 118 Israel 5.5 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Greece?
Gross domestic product — value us$, annual growth rate in Greece was 5.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Greece?
The highest recorded value was 32.35 % change on previous year in 1973.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Greece?
The lowest recorded value was -16.82 % change on previous year in 2015.
How does Greece rank for gross domestic product — value us$, annual growth rate?
Greece ranks 115th out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Greece?
Over the last ten years it is up 601.4%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Greece. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/greece/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.