[ Nominal GDP in billions of USD ]
Year -
$256.24 billions
Greece GDP expanded from 1960 to 2024, increasing from $4.27 billion to $256.24 billion.The compound annual growth rate (CAGR) averaged 6.61% over the period. The economy recorded its peak level in 2008 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 45.5%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 256.24 Billions | $ 461.23 Int Billions |
| Growth (YoY) | 5.471% | 3.763% |
| Net Change vs Previous Year | $ 13.29 Billion | $ 16.73 Int Billion |
| % of World GDP | 0.23% | 0.23% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 4.27 | - | - | - | - | - |
| 1961 | 4.89 | 0.62 | 14.445 % | - | - | - |
| 1962 | 5.14 | 0.25 | 5.072 % | - | - | - |
| 1963 | 5.81 | 0.67 | 13.087 % | - | - | - |
| 1964 | 6.58 | 0.76 | 13.136 % | - | - | - |
| 1965 | 7.58 | 1.01 | 15.285 % | - | - | - |
| 1966 | 8.47 | 0.89 | 11.736 % | - | - | - |
| 1967 | 9.15 | 0.67 | 7.962 % | - | - | - |
| 1968 | 9.95 | 0.8 | 8.787 % | - | - | - |
| 1969 | 11.45 | 1.5 | 15.113 % | - | - | - |
| 1970 | 12.96 | 1.5 | 13.122 % | - | - | - |
| 1971 | 14.39 | 1.43 | 11.049 % | - | - | - |
| 1972 | 16.65 | 2.26 | 15.72 % | - | - | - |
| 1973 | 22.04 | 5.39 | 32.349 % | - | - | - |
| 1974 | 25 | 2.96 | 13.44 % | - | - | - |
| 1975 | 28.13 | 3.13 | 12.522 % | - | - | - |
| 1976 | 30.72 | 2.59 | 9.209 % | - | - | - |
| 1977 | 35.67 | 4.95 | 16.125 % | - | - | - |
| 1978 | 43.65 | 7.98 | 22.374 % | - | - | - |
| 1979 | 53.72 | 10.07 | 23.067 % | - | - | - |
| 1980 | 56.04 | 2.32 | 4.309 % | - | - | - |
| 1981 | 51.62 | -4.42 | -7.889 % | - | - | - |
| 1982 | 53.86 | 2.24 | 4.339 % | - | - | - |
| 1983 | 48.74 | -5.12 | -9.501 % | - | - | - |
| 1984 | 47.35 | -1.39 | -2.85 % | - | - | - |
| 1985 | 47.16 | -0.2 | -0.415 % | - | - | - |
| 1986 | 55.6 | 8.44 | 17.898 % | - | - | - |
| 1987 | 64.74 | 9.14 | 16.448 % | - | - | - |
| 1988 | 75.2 | 10.46 | 16.159 % | - | - | - |
| 1989 | 78.07 | 2.87 | 3.813 % | - | - | - |
| 1990 | 96.53 | 18.46 | 23.648 % | 133.85 | - | - |
| 1991 | 103.68 | 7.15 | 7.408 % | 142.66 | 8.82 | 6.587 % |
| 1992 | 114.61 | 10.93 | 10.539 % | 146.93 | 4.27 | 2.995 % |
| 1993 | 107.3 | -7.31 | -6.38 % | 148.01 | 1.08 | 0.732 % |
| 1994 | 114.98 | 7.68 | 7.162 % | 154.19 | 6.18 | 4.178 % |
| 1995 | 134.97 | 19.99 | 17.39 % | 160.73 | 6.54 | 4.241 % |
| 1996 | 142.5 | 7.53 | 5.578 % | 167.39 | 6.66 | 4.142 % |
| 1997 | 138.77 | -3.74 | -2.622 % | 177.3 | 9.91 | 5.921 % |
| 1998 | 139.61 | 0.85 | 0.61 % | 186.9 | 9.6 | 5.412 % |
| 1999 | 137.13 | -2.48 | -1.777 % | 191.11 | 4.21 | 2.252 % |
| 2000 | 125.76 | -11.37 | -8.292 % | 203.36 | 12.26 | 6.414 % |
| 2001 | 132.05 | 6.29 | 5.002 % | 220.54 | 17.18 | 8.448 % |
| 2002 | 150.25 | 18.2 | 13.785 % | 239.68 | 19.14 | 8.678 % |
| 2003 | 196.93 | 46.68 | 31.065 % | 254.11 | 14.42 | 6.017 % |
| 2004 | 234.98 | 38.05 | 19.321 % | 271.97 | 17.86 | 7.029 % |
| 2005 | 242.32 | 7.34 | 3.122 % | 274.72 | 2.76 | 1.014 % |
| 2006 | 269.07 | 26.76 | 11.043 % | 309.41 | 34.68 | 12.625 % |
| 2007 | 314.23 | 45.15 | 16.781 % | 319.26 | 9.85 | 3.182 % |
| 2008 | 351.12 | 36.89 | 11.741 % | 337.22 | 17.96 | 5.627 % |
| 2009 | 326.83 | -24.29 | -6.919 % | 332.8 | -4.42 | -1.31 % |
| 2010 | 296.42 | -30.41 | -9.305 % | 309.6 | -23.2 | -6.971 % |
| 2011 | 283.23 | -13.19 | -4.45 % | 285.31 | -24.29 | -7.846 % |
| 2012 | 238.84 | -44.39 | -15.672 % | 271.52 | -13.79 | -4.835 % |
| 2013 | 236.56 | -2.28 | -0.957 % | 282.14 | 10.63 | 3.913 % |
| 2014 | 233.91 | -2.64 | -1.118 % | 288.11 | 5.96 | 2.113 % |
| 2015 | 194.57 | -39.34 | -16.82 % | 287.92 | -0.19 | -0.065 % |
| 2016 | 193.1 | -1.47 | -0.756 % | 296.39 | 8.47 | 2.942 % |
| 2017 | 200.38 | 7.28 | 3.772 % | 308.46 | 12.07 | 4.074 % |
| 2018 | 213.3 | 12.92 | 6.447 % | 319.75 | 11.29 | 3.661 % |
| 2019 | 207.31 | -5.99 | -2.81 % | 342.31 | 22.56 | 7.055 % |
| 2020 | 191.36 | -15.94 | -7.69 % | 315.96 | -26.35 | -7.697 % |
| 2021 | 218.3 | 26.94 | 14.078 % | 354.4 | 38.44 | 12.164 % |
| 2022 | 217.99 | -0.31 | -0.144 % | 413.43 | 59.03 | 16.657 % |
| 2023 | 242.95 | 24.96 | 11.448 % | 444.5 | 31.07 | 7.516 % |
| 2024 | 256.24 | 13.29 | 5.471 % | 461.23 | 16.73 | 3.763 % |
Between 1960 to 2024, Greece experienced the following economic phases:
The most remarkable growth occurred in 1973 with an increase of 32.349%, while the largest decline was in 2015 at -16.82%.