Gross value added at basic prices (GVA) in Greece
Greece: Gross value added at basic prices (GVA) was 176.23 billion constant LCU in 2025. ▲ Rising
Latest (2025)
176.23 billion constant LCU
Change on year
up 1.3%
World rank
121st
of 198 countries
All-time high
202.50 billion constant LCU
in 2008
All-time low
64.63 billion constant LCU
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Greece, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Greece stood at 176.23 billion constant LCU.
The figure is up 1.3% on the previous year and up 14.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Greece peaked at 202.50 billion constant LCU in 2008 and was at its lowest, 64.63 billion constant LCU, in 1970.
That places Greece 121st out of 198 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross value added at basic prices (GVA) in Greece, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 64.63 billion constant LCU | — |
| 1971 | 69.78 billion constant LCU | +8.0% |
| 1972 | 76.15 billion constant LCU | +9.1% |
| 1973 | 82.49 billion constant LCU | +8.3% |
| 1974 | 80.99 billion constant LCU | -1.8% |
| 1975 | 85.13 billion constant LCU | +5.1% |
| 1976 | 90.29 billion constant LCU | +6.1% |
| 1977 | 92.95 billion constant LCU | +2.9% |
| 1978 | 98.91 billion constant LCU | +6.4% |
| 1979 | 102.48 billion constant LCU | +3.6% |
| 1980 | 104.59 billion constant LCU | +2.1% |
| 1981 | 104.78 billion constant LCU | +0.2% |
| 1982 | 105.38 billion constant LCU | +0.6% |
| 1983 | 105.81 billion constant LCU | +0.4% |
| 1984 | 108.90 billion constant LCU | +2.9% |
| 1985 | 112.59 billion constant LCU | +3.4% |
| 1986 | 114.54 billion constant LCU | +1.7% |
| 1987 | 113.99 billion constant LCU | -0.5% |
| 1988 | 119.54 billion constant LCU | +4.9% |
| 1989 | 123.99 billion constant LCU | +3.7% |
| 1990 | 122.33 billion constant LCU | -1.3% |
| 1991 | 126.45 billion constant LCU | +3.4% |
| 1992 | 127.43 billion constant LCU | +0.8% |
| 1993 | 126.83 billion constant LCU | -0.5% |
| 1994 | 128.63 billion constant LCU | +1.4% |
| 1995 | 131.21 billion constant LCU | +2.0% |
| 1996 | 132.30 billion constant LCU | +0.8% |
| 1997 | 136.68 billion constant LCU | +3.3% |
| 1998 | 142.47 billion constant LCU | +4.2% |
| 1999 | 144.51 billion constant LCU | +1.4% |
| 2000 | 150.26 billion constant LCU | +4.0% |
| 2001 | 156.18 billion constant LCU | +3.9% |
| 2002 | 163.54 billion constant LCU | +4.7% |
| 2003 | 173.61 billion constant LCU | +6.2% |
| 2004 | 184.37 billion constant LCU | +6.2% |
| 2005 | 186.33 billion constant LCU | +1.1% |
| 2006 | 196.11 billion constant LCU | +5.2% |
| 2007 | 201.91 billion constant LCU | +3.0% |
| 2008 | 202.50 billion constant LCU | +0.3% |
| 2009 | 195.85 billion constant LCU | -3.3% |
| 2010 | 184.42 billion constant LCU | -5.8% |
| 2011 | 168.06 billion constant LCU | -8.9% |
| 2012 | 155.96 billion constant LCU | -7.2% |
| 2013 | 153.36 billion constant LCU | -1.7% |
| 2014 | 153.54 billion constant LCU | +0.1% |
| 2015 | 153.55 billion constant LCU | +0.0% |
| 2016 | 153.02 billion constant LCU | -0.3% |
| 2017 | 156.45 billion constant LCU | +2.2% |
| 2018 | 159.15 billion constant LCU | +1.7% |
| 2019 | 161.97 billion constant LCU | +1.8% |
| 2020 | 147.24 billion constant LCU | -9.1% |
| 2021 | 159.20 billion constant LCU | +8.1% |
| 2022 | 167.24 billion constant LCU | +5.1% |
| 2023 | 171.02 billion constant LCU | +2.3% |
| 2024 | 173.89 billion constant LCU | +1.7% |
| 2025 | 176.23 billion constant LCU | +1.3% |
Greece compared with similar countries
- Greece's 176.23 billion constant LCU is below the median for high income countries, which is 270.55 billion constant LCU, 65% of the median. (70 countries reporting)
- Greece's 176.23 billion constant LCU is below the median for Europe & Central Asia, which is 405.98 billion constant LCU, 43% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 84.38 billion constant LCU | 64.63 billion constant LCU | 102.48 billion constant LCU | 10 |
| 1980s | 111.41 billion constant LCU | 104.59 billion constant LCU | 123.99 billion constant LCU | 10 |
| 1990s | 131.88 billion constant LCU | 122.33 billion constant LCU | 144.51 billion constant LCU | 10 |
| 2000s | 181.07 billion constant LCU | 150.26 billion constant LCU | 202.50 billion constant LCU | 10 |
| 2010s | 159.95 billion constant LCU | 153.02 billion constant LCU | 184.42 billion constant LCU | 10 |
| 2020s | 165.80 billion constant LCU | 147.24 billion constant LCU | 176.23 billion constant LCU | 6 |
Countries ranked near Greece
- 118 Nicaragua 197.84 billion constant LCU compare
- 119 Belarus 190.27 billion constant LCU compare
- 120 Botswana 188.81 billion constant LCU compare
- 122 Zambia 167.96 billion constant LCU compare
- 123 Moldova 157.99 billion constant LCU compare
- 124 Trinidad and Tobago 146.18 billion constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Greece?
- Gross value added at basic prices (gva) in Greece was 176.23 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Greece?
- The highest recorded value was 202.50 billion constant LCU in 2008.
- What is the lowest gross value added at basic prices (gva) recorded in Greece?
- The lowest recorded value was 64.63 billion constant LCU in 1970.
- How does Greece rank for gross value added at basic prices (gva)?
- Greece ranks 121st out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Greece?
- Over the last ten years it is up 14.8%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.