Gross savings in Greece
Greece: Gross savings was 11.1% in 2024. ▼ Falling
Gross savings in Greece, 1976–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
The most recent figure for gross savings in Greece is 11.1%, measured in 2024.
The figure is up 18.1% on the previous year and up 6.8% over ten years.
Over the whole period, gross savings in Greece peaked at 32.1% in 1976 and was at its lowest, 5.0%, in 2011.
That places Greece 156th out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 48 years of available data.
Gross savings in Greece, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 32.1% | — |
| 1977 | 28.6% | -10.9% |
| 1978 | 28.0% | -2.0% |
| 1979 | 28.3% | +1.2% |
| 1980 | 26.9% | -5.1% |
| 1981 | 24.4% | -9.3% |
| 1982 | 25.2% | +3.4% |
| 1983 | 23.7% | -6.0% |
| 1984 | 24.7% | +4.2% |
| 1985 | 24.9% | +0.7% |
| 1986 | 25.5% | +2.3% |
| 1987 | 21.7% | -14.8% |
| 1988 | 23.4% | +7.7% |
| 1989 | 21.9% | -6.4% |
| 1990 | 21.3% | -2.6% |
| 1991 | 23.7% | +11.2% |
| 1992 | 22.5% | -5.1% |
| 1993 | 21.7% | -3.6% |
| 1994 | 22.4% | +3.1% |
| 1995 | 21.0% | -6.1% |
| 1996 | 20.8% | -1.0% |
| 1997 | 21.6% | +3.9% |
| 1999 | 17.6% | -18.4% |
| 2000 | 19.7% | +11.9% |
| 2001 | 19.0% | -3.5% |
| 2002 | 17.5% | -7.9% |
| 2003 | 18.6% | +6.4% |
| 2004 | 18.1% | -3.1% |
| 2005 | 15.9% | -12.1% |
| 2006 | 16.6% | +4.6% |
| 2007 | 13.9% | -16.1% |
| 2008 | 11.7% | -16.0% |
| 2009 | 7.4% | -37.2% |
| 2010 | 7.9% | +7.5% |
| 2011 | 5.0% | -36.5% |
| 2012 | 7.5% | +49.7% |
| 2013 | 10.1% | +35.0% |
| 2014 | 10.4% | +2.4% |
| 2015 | 10.1% | -2.5% |
| 2016 | 9.8% | -3.1% |
| 2017 | 9.2% | -6.6% |
| 2018 | 9.1% | -0.4% |
| 2019 | 9.6% | +5.4% |
| 2020 | 5.5% | -42.4% |
| 2021 | 10.0% | +80.5% |
| 2022 | 7.8% | -22.2% |
| 2023 | 9.4% | +20.6% |
| 2024 | 11.1% | +18.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.3% | 28.0% | 32.1% | 4 |
| 1980s | 24.2% | 21.7% | 26.9% | 10 |
| 1990s | 21.4% | 17.6% | 23.7% | 9 |
| 2000s | 15.8% | 7.4% | 19.7% | 10 |
| 2010s | 8.9% | 5.0% | 10.4% | 10 |
| 2020s | 8.8% | 5.5% | 11.1% | 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)
- Industry (including construction), value added (constant 2015 US$) 3.89 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1399 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 3,770 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 3.89 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1157 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 3,118 constant LCU per person (2025)
- 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)
Frequently asked questions
- What is gross savings in Greece?
- Gross savings in Greece was 11.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Greece?
- The highest recorded value was 32.1% in 1976.
- What is the lowest gross savings recorded in Greece?
- The lowest recorded value was 5.0% in 2011.
- How does Greece rank for gross savings?
- Greece ranks 156th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Greece?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.