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Greece Debt to GDP Ratio

Greece's government debt to GDP ratio decreased to 154% in 2024, down from 164% in 2023. This reduction resulted from robust economic growth, substantial primary fiscal surpluses due to increased tax collection and higher inflation. Greece's record low debt to GDP was 154% in 2024 and its record high was 209.4% in 2020.

Yearly Historical Data (2015-2024)

(in %)
Year Debt to GDP Ratio
2024 154%
2023 164%
2022 177%
2021 197.3%
2020 209.4%
2019 183.2%
2018 189%
2017 182.1%
2016 183.1%
2015 179.6%
Greece Debt to GDP Ratio : Definition
Greece's government debt to GDP ratio measures total gross government liabilities relative to its annual Gross Domestic Product (GDP). Calculated yearly, it divides the sum of central government debt social security funds and other liabilities by the total value of goods and services produced. This percentage shows the debt burden relative to the economy's size.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -7.1% -6.8% Dec'24
Private Credit (% GDP) 48.37% 49.1% 2024