Trade in services in Greece
Greece: Trade in services was 33.9% in 2024. ▲ Rising
Trade in services in Greece, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, trade in services in Greece stood at 33.9%.
Compared with earlier readings it is down 0.2% on the previous year and up 36.2% over ten years.
Over the whole period, trade in services in Greece peaked at 36.5% in 2022 and was at its lowest, 8.1%, in 1976.
That places Greece 57th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Trade in services in Greece, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 8.1% | — |
| 1977 | 8.3% | +2.6% |
| 1978 | 8.5% | +1.8% |
| 1979 | 8.8% | +4.5% |
| 1980 | 9.6% | +8.6% |
| 1981 | 11.0% | +14.6% |
| 1982 | 9.1% | -16.8% |
| 1983 | 8.8% | -4.2% |
| 1984 | 8.5% | -2.7% |
| 1985 | 8.5% | -0.4% |
| 1986 | 8.6% | +1.5% |
| 1987 | 9.4% | +8.7% |
| 1988 | 9.7% | +3.1% |
| 1989 | 9.3% | -3.9% |
| 1990 | 9.9% | +6.7% |
| 1991 | 10.0% | +1.4% |
| 1992 | 10.8% | +7.7% |
| 1993 | 10.9% | +1.1% |
| 1994 | 11.3% | +3.3% |
| 1995 | 10.4% | -8.3% |
| 1996 | 9.5% | -7.9% |
| 1997 | 10.0% | +5.3% |
| 1999 | 18.9% | +88.2% |
| 2000 | 24.4% | +29.0% |
| 2001 | 23.6% | -3.1% |
| 2002 | 20.1% | -15.1% |
| 2003 | 18.2% | -9.4% |
| 2004 | 20.2% | +11.1% |
| 2005 | 20.2% | +0.2% |
| 2006 | 19.6% | -3.1% |
| 2007 | 20.3% | +3.8% |
| 2008 | 21.7% | +6.6% |
| 2009 | 17.8% | -17.6% |
| 2010 | 19.6% | +9.7% |
| 2011 | 21.1% | +7.9% |
| 2012 | 21.5% | +1.8% |
| 2013 | 22.6% | +5.2% |
| 2014 | 24.9% | +10.1% |
| 2015 | 26.6% | +6.9% |
| 2016 | 24.9% | -6.7% |
| 2017 | 28.0% | +12.6% |
| 2018 | 30.3% | +8.4% |
| 2019 | 31.9% | +5.2% |
| 2020 | 22.8% | -28.7% |
| 2021 | 30.9% | +35.9% |
| 2022 | 36.5% | +18.0% |
| 2023 | 34.0% | -6.9% |
| 2024 | 33.9% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.4% | 8.1% | 8.8% | 4 |
| 1980s | 9.2% | 8.5% | 11.0% | 10 |
| 1990s | 11.3% | 9.5% | 18.9% | 9 |
| 2000s | 20.6% | 17.8% | 24.4% | 10 |
| 2010s | 25.2% | 19.6% | 31.9% | 10 |
| 2020s | 31.6% | 22.8% | 36.5% | 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)
- Manufacturing, value added (constant LCU), per capita 1,953 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.14 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1522 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,102 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.46 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1347 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 3,630 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.89 % change on previous year (2025)
Frequently asked questions
- What is trade in services in Greece?
- Trade in services in Greece was 33.9% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Greece?
- The highest recorded value was 36.5% in 2022.
- What is the lowest trade in services recorded in Greece?
- The lowest recorded value was 8.1% in 1976.
- How does Greece rank for trade in services?
- Greece ranks 57th out of 199 countries with data for 2024.
- Is trade in services rising or falling in Greece?
- Over the last ten years it is up 36.2%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.