Gross value added at basic prices (GVA) (current LCU), annual growth in Greece

Greece: Gross value added at basic prices (GVA) (current LCU), annual growth was 4.26 % change on previous year in 2025. ◆ Volatile

Latest (2025)
4.26 % change on previous year
Change on year
down 10.9%
World rank
158th
of 205 countries
All-time high
29.77 % change on previous year
in 1973
All-time low
-9.56 % change on previous year
in 2011
Years of data
55
1971–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in Greece, 1971–2025

-100102030197119982025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Greece stood at 4.26 % change on previous year.

The figure is down 10.9% on the previous year and up 1,253.4% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Greece peaked at 29.77 % change on previous year in 1973 and was at its lowest, -9.56 % change on previous year, in 2011.

That places Greece 158th out of 205 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current LCU), annual growth in Greece, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Greece, 1971 to 2025.
Year % change on previous year Change
1971 11.4 % change on previous year
1972 14.81 % change on previous year +29.8%
1973 29.77 % change on previous year +101.1%
1974 18.47 % change on previous year -37.9%
1975 16.92 % change on previous year -8.4%
1976 22.85 % change on previous year +35.0%
1977 15.9 % change on previous year -30.4%
1978 20.37 % change on previous year +28.1%
1979 22.47 % change on previous year +10.3%
1980 22.37 % change on previous year -0.5%
1981 22.07 % change on previous year -1.3%
1982 24.23 % change on previous year +9.8%
1983 18.29 % change on previous year -24.5%
1984 23.03 % change on previous year +25.9%
1985 23.03 % change on previous year -0.0%
1986 17.79 % change on previous year -22.7%
1987 12.42 % change on previous year -30.2%
1988 20.86 % change on previous year +67.9%
1989 18.39 % change on previous year -11.8%
1990 17.61 % change on previous year -4.2%
1991 20.1 % change on previous year +14.1%
1992 13.18 % change on previous year -34.4%
1993 14.59 % change on previous year +10.7%
1994 11.28 % change on previous year -22.7%
1995 11.5 % change on previous year +1.9%
1996 9.03 % change on previous year -21.5%
1997 9.91 % change on previous year +9.8%
1998 9.34 % change on previous year -5.8%
1999 5.12 % change on previous year -45.2%
2000 5.45 % change on previous year +6.4%
2001 7.94 % change on previous year +45.9%
2002 8.05 % change on previous year +1.3%
2003 10.24 % change on previous year +27.2%
2004 9.16 % change on previous year -10.6%
2005 2.58 % change on previous year -71.8%
2006 8.68 % change on previous year +236.0%
2007 6.53 % change on previous year -24.8%
2008 4.31 % change on previous year -33.9%
2009 -0.6578 % change on previous year -115.2%
2010 -5.73 % change on previous year +770.9%
2011 -9.56 % change on previous year +66.9%
2012 -8.18 % change on previous year -14.5%
2013 -3.65 % change on previous year -55.4%
2014 -1.55 % change on previous year -57.6%
2015 -0.3695 % change on previous year -76.1%
2016 -1.79 % change on previous year +383.5%
2017 1.82 % change on previous year -201.9%
2018 1.2 % change on previous year -34.2%
2019 2.62 % change on previous year +118.5%
2020 -8.4 % change on previous year -421.0%
2021 9.36 % change on previous year -211.4%
2022 13.42 % change on previous year +43.5%
2023 7.35 % change on previous year -45.3%
2024 4.78 % change on previous year -34.9%
2025 4.26 % change on previous year -10.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.22 % change on previous year 11.4 % change on previous year 29.77 % change on previous year 9
1980s 20.25 % change on previous year 12.42 % change on previous year 24.23 % change on previous year 10
1990s 12.17 % change on previous year 5.12 % change on previous year 20.1 % change on previous year 10
2000s 6.23 % change on previous year -0.6578 % change on previous year 10.24 % change on previous year 10
2010s -2.52 % change on previous year -9.56 % change on previous year 2.62 % change on previous year 10
2020s 5.13 % change on previous year -8.4 % change on previous year 13.42 % change on previous year 6

Countries ranked near Greece

  1. 155 Costa Rica 4.41 % change on previous year compare
  2. 156 South Korea 4.34 % change on previous year compare
  3. 157 Grenada 4.32 % change on previous year compare
  4. 159 Micronesia (country) 4.05 % change on previous year compare
  5. 160 Estonia 3.96 % change on previous year compare
  6. 161 Slovakia 3.89 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), annual growth in Greece?
Gross value added at basic prices (gva) (current lcu), annual growth in Greece was 4.26 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Greece?
The highest recorded value was 29.77 % change on previous year in 1973.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Greece?
The lowest recorded value was -9.56 % change on previous year in 2011.
How does Greece rank for gross value added at basic prices (gva) (current lcu), annual growth?
Greece ranks 158th out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Greece?
Over the last ten years it is up 1,253.4%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), annual growth in Greece. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/greece/

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How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.