GERD as a percentage of GDP in Greece

Greece: GERD as a percentage of GDP was 1.5% in 2023. β–² Rising

Latest (2023)
1.5%
Change on year
up 1.2%
World rank
29th
of 115 countries
All-time high
1.5%
in 2023
All-time low
0.4%
in 1997
Years of data
24
1997–2023

GERD as a percentage of GDP in Greece, 1997–2023

0.50.7511.21.51997201020231997: 0.4431999: 0.5912001: 0.5782003: 0.5622004: 0.5412005: 0.5922006: 0.5712007: 0.5852008: 0.6712009: 0.6342010: 0.6052011: 0.6842012: 0.722013: 0.8232014: 0.8462015: 0.9722016: 12017: 1.12018: 1.22019: 1.32020: 1.52021: 1.42022: 1.52023: 1.5

Source: UNESCO Institute for Statistics.

Analysis

In 2023, gerd as a percentage of gdp in Greece stood at 1.5%. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 1.2% on the previous year and up 81.6% over ten years.

Over the whole period, gerd as a percentage of gdp in Greece peaked at 1.5% in 2023 and was at its lowest, 0.4%, in 1997.

Greece ranks 29th of 115 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5% 0.4% 0.6% 2
2000s 0.6% 0.5% 0.7% 8
2010s 0.9% 0.6% 1.3% 10
2020s 1.5% 1.4% 1.5% 4

Countries ranked near Greece

  1. 26 Poland 1.6% compare
  2. 27 New Zealand 1.5% compare
  3. 28 United Arab Emirates 1.5% compare
  4. 30 Spain 1.5% compare
  5. 31 Turkey 1.4% compare
  6. 32 Croatia 1.4% compare

See the full ranking of 166 places β†’

More science & technology data for Greece

All data for Greece β†’

Frequently asked questions

What is gerd as a percentage of gdp in Greece?
Gerd as a percentage of gdp in Greece was 1.5% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Greece?
The highest recorded value was 1.5% in 2023.
What is the lowest gerd as a percentage of gdp recorded in Greece?
The lowest recorded value was 0.4% in 1997.
How does Greece rank for gerd as a percentage of gdp?
Greece ranks 29th out of 115 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Greece?
Over the last ten years it is up 81.6%. The long-run trend across the full record is rising.
Where does this Greece data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Greece. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/greece/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release