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Greece Real GDP

Greece's real GDP rose to $224.96 billion in 2024, up from $219.97 billion in 2023, according to World Bank. This represents an increase of 2.3% ($5 billion) from the previous year and accounts for 0.23% of the world's total real GDP. Greece has real GDP higher than the global median ($224.96 billion vs median $29.34 billion). Compared with the median in Europe, Greece is higher ($224.96 billion vs regional median $78.54 billion) and ranks 20th out of 47 countries in Europe.

Greece's GDP per capita rose to $21,654.34 in 2024, up from $21,139.19 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 224.96
2023 219.97
2022 214.95
2021 203.28
2020 187.09
2019 206.03
2018 201.45
2017 197.37
2016 194.51
2015 194.57
2014 195.01
2013 193.48
2012 197.98
2011 215.97
2010 239.64
2009 254.11
2008 265.02
2007 264.87
2006 255.9
2005 240.41
2004 237.6
2003 225.47
2002 213.12
2001 203.58
2000 194.54
1999 186.81
1998 181.97
1997 175.92
1996 169.8
1995 167.49
1994 164.04
1993 160.83
1992 163.44
1991 162.31
1990 157.43
1989 157.43
1988 151.66
1987 145.43
1986 148.79
1985 148.02
1984 144.4
1983 141.55
1982 143.1
1981 144.73
1980 147.02
1979 146.03
1978 141.39
1977 131.84
1976 128.07
1975 119.86
1974 112.68
1973 120.44
1972 111.42
1971 101.14
1970 93.79
1969 86.1
1968 77.18
1967 71.99
1966 68.13
1965 63.97
1964 57.75
1963 52.79
1962 47.2
1961 47.02
1960 41.54
Greece Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Greece, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $257.14B $243.5B 2024
GDP Annual Growth Rate 2.27% 2.33% 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