Gross fixed capital formation, Private sector … Private Purchasing in Greece
Greece: Gross fixed capital formation, Private sector … Private Purchasing was 24.53 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Greece, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Greece stood at 24.53.
Compared with earlier readings it is up 3.9% on the previous year and down 55.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Greece peaked at 77.98 in 2007 and was at its lowest, 11.4, in 1960.
That places Greece 71st out of 173 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector … Private Purchasing in Greece, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 11.4 | — |
| 1961 | 11.86 | +4.0% |
| 1962 | 12.33 | +4.0% |
| 1963 | 12.82 | +4.0% |
| 1964 | 13.34 | +4.0% |
| 1965 | 13.87 | +4.0% |
| 1966 | 14.43 | +4.0% |
| 1967 | 15 | +4.0% |
| 1968 | 15.6 | +4.0% |
| 1969 | 16.23 | +4.0% |
| 1970 | 16.88 | +4.0% |
| 1971 | 17.55 | +4.0% |
| 1972 | 18.25 | +4.0% |
| 1973 | 18.98 | +4.0% |
| 1974 | 19.74 | +4.0% |
| 1975 | 20.53 | +4.0% |
| 1976 | 21.35 | +4.0% |
| 1977 | 22.21 | +4.0% |
| 1978 | 23.1 | +4.0% |
| 1979 | 24.02 | +4.0% |
| 1980 | 24.98 | +4.0% |
| 1981 | 25.98 | +4.0% |
| 1982 | 27.02 | +4.0% |
| 1983 | 28.1 | +4.0% |
| 1984 | 29.22 | +4.0% |
| 1985 | 30.39 | +4.0% |
| 1986 | 31.61 | +4.0% |
| 1987 | 32.87 | +4.0% |
| 1988 | 34.19 | +4.0% |
| 1989 | 36.65 | +7.2% |
| 1990 | 38.86 | +6.0% |
| 1991 | 29.33 | -24.5% |
| 1992 | 30.5 | +4.0% |
| 1993 | 31.72 | +4.0% |
| 1994 | 32.99 | +4.0% |
| 1995 | 29.57 | -10.4% |
| 1996 | 32.4 | +9.6% |
| 1997 | 34.1 | +5.2% |
| 1998 | 43.6 | +27.9% |
| 1999 | 45.7 | +4.8% |
| 2000 | 49.62 | +8.6% |
| 2001 | 50.59 | +2.0% |
| 2002 | 52.57 | +3.9% |
| 2003 | 58.41 | +11.1% |
| 2004 | 60.31 | +3.2% |
| 2005 | 54.59 | -9.5% |
| 2006 | 62.73 | +14.9% |
| 2007 | 77.98 | +24.3% |
| 2008 | 68.11 | -12.7% |
| 2009 | 55.54 | -18.5% |
| 2010 | 47.89 | -13.8% |
| 2011 | 37.68 | -21.3% |
| 2012 | 28.08 | -25.5% |
| 2013 | 23.3 | -17.1% |
| 2014 | 21.49 | -7.8% |
| 2015 | 20.97 | -2.4% |
| 2016 | 22.57 | +7.6% |
| 2017 | 22.18 | -1.7% |
| 2018 | 23.61 | +6.4% |
| 2019 | 24.53 | +3.9% |
Greece compared with similar countries
- Greece's 24.53 is below the median for high income countries, which is 58.37, 42% of the median. (58 countries reporting)
- Greece's 24.53 is below the median for Europe & Central Asia, which is 51.28, 48% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … Private Purchasing 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.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -25.5% | 37.68 | 28.08 |
| 1998 | +27.9% | 34.1 | 43.6 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.69 | 11.4 | 16.23 | 10 |
| 1970s | 20.26 | 16.88 | 24.02 | 10 |
| 1980s | 30.1 | 24.98 | 36.65 | 10 |
| 1990s | 34.88 | 29.33 | 45.7 | 10 |
| 2000s | 59.04 | 49.62 | 77.98 | 10 |
| 2010s | 27.23 | 20.97 | 47.89 | 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 24.53 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 77.98 in 2007.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Greece?
- The lowest recorded value was 11.4 in 1960.
- How does Greece rank for gross fixed capital formation, private sector, constant prices?
- Greece ranks 71st 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 55.8%. The long-run trend across the full record is rising.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.