Gross public sector debt as a share of gross domestic product in Greece
Greece: Gross public sector debt as a share of gross domestic product was 166.1% in 2024. ▲ Rising
Gross public sector debt as a share of gross domestic product in Greece, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, gross public sector debt as a share of gross domestic product in Greece stood at 166.1%.
The figure is down 6.3% on the previous year and down 12.1% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Greece peaked at 221.3% in 2020 and was at its lowest, 113.2%, in 2003.
That places Greece 1st out of 49 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Gross public sector debt as a share of gross domestic product in Greece, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 116.3% | — |
| 2001 | 117.6% | +1.1% |
| 2002 | 116.1% | -1.3% |
| 2003 | 113.2% | -2.5% |
| 2004 | 115.6% | +2.0% |
| 2005 | 120.4% | +4.2% |
| 2006 | 115.6% | -4.0% |
| 2007 | 114.6% | -0.9% |
| 2008 | 120.9% | +5.5% |
| 2009 | 138.8% | +14.8% |
| 2010 | 159.0% | +14.6% |
| 2011 | 186.7% | +17.4% |
| 2012 | 168.6% | -9.7% |
| 2013 | 185.2% | +9.8% |
| 2014 | 189.1% | +2.1% |
| 2015 | 186.8% | -1.2% |
| 2016 | 190.5% | +2.0% |
| 2017 | 188.7% | -0.9% |
| 2018 | 198.7% | +5.3% |
| 2019 | 192.7% | -3.0% |
| 2020 | 221.3% | +14.9% |
| 2021 | 210.3% | -5.0% |
| 2022 | 191.5% | -8.9% |
| 2023 | 177.3% | -7.4% |
| 2024 | 166.1% | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 118.9% | 113.2% | 138.8% | 10 |
| 2010s | 184.6% | 159.0% | 198.7% | 10 |
| 2020s | 193.3% | 166.1% | 221.3% | 5 |
Countries ranked near Greece
- 2 Italy 132.1% compare
- 3 United States of America 108.6% compare
- 4 United Kingdom of Great Britain and Northern Ireland 102.9% compare
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)
- Services, value added (current US$), annual growth rate 8.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6745 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 18,176 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.04 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5969 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 16,085 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 0.7787 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5401 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Greece?
- Gross public sector debt as a share of gross domestic product in Greece was 166.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Greece?
- The highest recorded value was 221.3% in 2020.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Greece?
- The lowest recorded value was 113.2% in 2003.
- How does Greece rank for gross public sector debt as a share of gross domestic product?
- Greece ranks 1st out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Greece?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).