Inflation, GDP deflator (annual %) in Greece
Greece: Inflation, GDP deflator was 2.8% in 2025. ◆ Volatile
Inflation, GDP deflator in Greece, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Greece recorded 2.8% for inflation, gdp deflator in 2025.
Compared with earlier readings it is down 13.5% on the previous year and up 1,689.0% over ten years.
Over the whole period, inflation, gdp deflator in Greece peaked at 27.2% in 1982 and was at its lowest, -2.0%, in 2013.
Greece ranks 131st of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Greece, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 1.1% | — |
| 1962 | 4.7% | +327.8% |
| 1963 | 1.1% | -76.3% |
| 1964 | 3.4% | +206.7% |
| 1965 | 4.1% | +19.7% |
| 1966 | 4.9% | +20.7% |
| 1967 | 2.2% | -55.9% |
| 1968 | 1.5% | -31.9% |
| 1969 | 3.2% | +115.4% |
| 1970 | 3.8% | +19.4% |
| 1971 | 3.0% | -21.7% |
| 1972 | 5.0% | +69.6% |
| 1973 | 20.9% | +314.3% |
| 1974 | 22.8% | +8.9% |
| 1975 | 13.1% | -42.4% |
| 1976 | 16.4% | +25.3% |
| 1977 | 13.8% | -16.3% |
| 1978 | 13.8% | +0.2% |
| 1979 | 20.2% | +46.1% |
| 1980 | 19.2% | -4.5% |
| 1981 | 21.6% | +12.3% |
| 1982 | 27.2% | +25.9% |
| 1983 | 20.6% | -24.3% |
| 1984 | 21.9% | +6.3% |
| 1985 | 19.0% | -13.2% |
| 1986 | 18.9% | -0.8% |
| 1987 | 15.3% | -19.2% |
| 1988 | 16.7% | +9.4% |
| 1989 | 14.5% | -13.1% |
| 1990 | 20.7% | +42.7% |
| 1991 | 19.8% | -4.4% |
| 1992 | 14.8% | -25.2% |
| 1993 | 14.4% | -2.5% |
| 1994 | 11.2% | -22.5% |
| 1995 | 9.8% | -12.4% |
| 1996 | 8.2% | -16.3% |
| 1997 | 6.6% | -19.3% |
| 1998 | 5.3% | -20.2% |
| 1999 | 3.5% | -33.5% |
| 2000 | 1.6% | -53.9% |
| 2001 | 3.5% | +114.4% |
| 2002 | 3.0% | -14.9% |
| 2003 | 3.6% | +20.5% |
| 2004 | 3.0% | -16.6% |
| 2005 | 1.9% | -36.0% |
| 2006 | 3.4% | +77.0% |
| 2007 | 3.4% | +0.1% |
| 2008 | 4.1% | +20.7% |
| 2009 | 2.4% | -41.7% |
| 2010 | 1.2% | -50.1% |
| 2011 | 1.0% | -17.3% |
| 2012 | -0.3% | -134.3% |
| 2013 | -2.0% | +485.9% |
| 2014 | -1.9% | -1.9% |
| 2015 | -0.2% | -90.9% |
| 2016 | -0.5% | +180.4% |
| 2017 | 0.2% | -141.6% |
| 2018 | -0.2% | -215.3% |
| 2019 | 0.2% | -204.4% |
| 2020 | -0.4% | -248.5% |
| 2021 | 1.4% | -482.7% |
| 2022 | 6.3% | +351.3% |
| 2023 | 6.3% | -0.2% |
| 2024 | 3.2% | -48.8% |
| 2025 | 2.8% | -13.5% |
Greece compared with similar countries
- Greece's 2.8% is above the median for high income countries, which is 2.6%, 1.1× the median. (82 countries reporting)
- Greece's 2.8% is below the median for Europe & Central Asia, which is 3.5%, 80% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator 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 |
|---|---|---|---|
| 2021 | +482.7% | -0.4% | 1.4% |
| 2013 | -485.9% | -0.3% | -2.0% |
| 2022 | +351.3% | 1.4% | 6.3% |
| 1962 | +327.8% | 1.1% | 4.7% |
| 1973 | +314.3% | 5.0% | 20.9% |
| 2020 | -248.5% | 0.2% | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.9% | 1.1% | 4.9% | 9 |
| 1970s | 13.3% | 3.0% | 22.8% | 10 |
| 1980s | 19.5% | 14.5% | 27.2% | 10 |
| 1990s | 11.4% | 3.5% | 20.7% | 10 |
| 2000s | 3.0% | 1.6% | 4.1% | 10 |
| 2010s | -0.3% | -2.0% | 1.2% | 10 |
| 2020s | 3.3% | -0.4% | 6.3% | 6 |
Countries ranked near Greece
- 128 Northern Mariana Islands 2.8% compare
- 129 United States 2.8% compare
- 130 South Africa 2.8% compare
- 132 Barbados 2.7% compare
- 133 Palestine 2.7% compare
- 134 Saint Kitts and Nevis 2.7% 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)
- 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 inflation, gdp deflator in Greece?
- Inflation, gdp deflator in Greece was 2.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Greece?
- The highest recorded value was 27.2% in 1982.
- What is the lowest inflation, gdp deflator recorded in Greece?
- The lowest recorded value was -2.0% in 2013.
- How does Greece rank for inflation, gdp deflator?
- Greece ranks 131st out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Greece?
- Over the last ten years it is up 1,689.0%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.