Gross fixed capital formation, Private sector … Private Percent in Greece
Greece: Gross fixed capital formation, Private sector … Private Percent was 7.7 in 2019. ▼ Falling
Gross fixed capital formation, Private sector, Constant prices in Greece, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Greece is 7.7, measured in 2019.
That represents a change of up 2.0% on the previous year and down 45.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Greece peaked at 18.73 in 2007 and was at its lowest, 6.86, in 2015.
Greece ranks 145th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, Private sector … Private Percent in Greece, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 17.3 | — |
| 1961 | 15.9 | -8.1% |
| 1962 | 16.47 | +3.6% |
| 1963 | 15.32 | -7.0% |
| 1964 | 14.56 | -4.9% |
| 1965 | 13.67 | -6.1% |
| 1966 | 13.35 | -2.3% |
| 1967 | 13.14 | -1.6% |
| 1968 | 12.75 | -3.0% |
| 1969 | 11.88 | -6.8% |
| 1970 | 11.35 | -4.5% |
| 1971 | 10.94 | -3.6% |
| 1972 | 10.33 | -5.6% |
| 1973 | 9.94 | -3.8% |
| 1974 | 11.05 | +11.2% |
| 1975 | 10.8 | -2.2% |
| 1976 | 10.51 | -2.7% |
| 1977 | 10.62 | +1.0% |
| 1978 | 10.3 | -3.0% |
| 1979 | 10.37 | +0.7% |
| 1980 | 10.71 | +3.3% |
| 1981 | 11.32 | +5.6% |
| 1982 | 11.91 | +5.2% |
| 1983 | 12.52 | +5.1% |
| 1984 | 12.76 | +2.0% |
| 1985 | 12.95 | +1.5% |
| 1986 | 13.39 | +3.5% |
| 1987 | 14.25 | +6.4% |
| 1988 | 14.21 | -0.3% |
| 1989 | 14.68 | +3.3% |
| 1990 | 15.56 | +6.0% |
| 1991 | 11.48 | -26.2% |
| 1992 | 11.85 | +3.3% |
| 1993 | 12.53 | +5.7% |
| 1994 | 12.77 | +2.0% |
| 1995 | 11.22 | -12.2% |
| 1996 | 11.95 | +6.5% |
| 1997 | 12.03 | +0.7% |
| 1998 | 14.81 | +23.1% |
| 1999 | 15.06 | +1.7% |
| 2000 | 15.73 | +4.5% |
| 2001 | 15.41 | -2.1% |
| 2002 | 15.4 | -0.0% |
| 2003 | 16.18 | +5.0% |
| 2004 | 15.9 | -1.7% |
| 2005 | 14.3 | -10.0% |
| 2006 | 15.56 | +8.8% |
| 2007 | 18.73 | +20.4% |
| 2008 | 16.41 | -12.4% |
| 2009 | 13.98 | -14.8% |
| 2010 | 12.76 | -8.8% |
| 2011 | 11.17 | -12.4% |
| 2012 | 8.96 | -19.8% |
| 2013 | 7.64 | -14.7% |
| 2014 | 7 | -8.4% |
| 2015 | 6.86 | -2.0% |
| 2016 | 7.42 | +8.2% |
| 2017 | 7.2 | -3.0% |
| 2018 | 7.55 | +4.8% |
| 2019 | 7.7 | +2.0% |
Greece compared with similar countries
- Greece's 7.7 is below the median for high income countries, which is 18.58, 41% of the median. (58 countries reporting)
- Greece's 7.7 is below the median for Europe & Central Asia, which is 16.1, 48% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.43 | 11.88 | 17.3 | 10 |
| 1970s | 10.62 | 9.94 | 11.35 | 10 |
| 1980s | 12.87 | 10.71 | 14.68 | 10 |
| 1990s | 12.93 | 11.22 | 15.56 | 10 |
| 2000s | 15.76 | 13.98 | 18.73 | 10 |
| 2010s | 8.43 | 6.86 | 12.76 | 10 |
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)
- SDRs holdings, US dollar, annual growth rate 181.25 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 289.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 167.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 211.58 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Greece?
- Gross fixed capital formation, private sector, constant prices in Greece was 7.7 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Greece?
- The highest recorded value was 18.73 in 2007.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Greece?
- The lowest recorded value was 6.86 in 2015.
- How does Greece rank for gross fixed capital formation, private sector, constant prices?
- Greece ranks 145th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Greece?
- Over the last ten years it is down 45.0%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.