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Greece GDP Annual Growth Rate

Greece's GDP annual growth rate fell to 2.27% in 2024, down from 2.33% in 2023, according to World Bank. This represents a decrease of 0.06% from the previous year. Greece has GDP annual growth rate lower than the global median (2.27% vs median 3.24%). Compared with the median in Europe, Greece is higher (2.27% vs regional median 2.10%) and ranks 23rd out of 47 countries in Europe.

Greece's real GDP rose to $224.96 billion in 2024, up from $219.97 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 2.27%
2023 2.33%
2022 5.74%
2021 8.65%
2020 -9.2%
2019 2.28%
2018 2.06%
2017 1.47%
2016 -0.03%
2015 -0.23%
2014 0.79%
2013 -2.27%
2012 -8.33%
2011 -9.88%
2010 -5.69%
2009 -4.12%
2008 0.06%
2007 3.51%
2006 6.44%
2005 1.18%
2004 5.38%
2003 5.8%
2002 4.68%
2001 4.65%
2000 4.14%
1999 2.66%
1998 3.44%
1997 3.6%
1996 1.38%
1995 2.1%
1994 2%
1993 -1.6%
1992 0.7%
1991 3.1%
1990 0%
1989 3.8%
1988 4.29%
1987 -2.26%
1986 0.52%
1985 2.51%
1984 2.01%
1983 -1.08%
1982 -1.13%
1981 -1.55%
1980 0.68%
1979 3.28%
1978 7.25%
1977 2.94%
1976 6.85%
1975 6.37%
1974 -6.44%
1973 8.09%
1972 10.16%
1971 7.84%
1970 8.93%
1969 11.56%
1968 7.2%
1967 5.67%
1966 6.49%
1965 10.77%
1964 9.41%
1963 11.84%
1962 0.36%
1961 13.2%
Greece GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Greece's total economic output.
Indicator Last Value Prior Value Period
GDP $257.14B $243.5B 2024
GDP Growth Rate (QoQ) 0.6% 0.1% Jun'25
GDP Growth Rate (YoY) 1.7% 2.2% Jun'25
GDP per Capita $21,654.34 $21,139.19 2024
GDP per Capita PPP $37,752.63 $36,854.5 2024
R&D Expenditure (% GDP) 1.49% 1.46% 2022
Real GDP $224.96B $219.97B 2024