Greece recorded a government debt equivalent to 176.60 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Greece averaged 103.34 percent from 1980 until 2019, reaching an all time high of 181.20 percent in 2018 and a record low of 22.60 percent in 1980. This page provides the latest reported value for - Greece Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Government Debt to GDP - values, historical data and charts - was last updated on May of 2020.

Government Debt to GDP in Greece is expected to reach 182.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Government Debt to GDP is projected to trend around 183.20 percent in 2021 and 183.60 percent in 2022, according to our econometric models.

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Greece Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
176.60 181.20 181.20 22.60 1980 - 2019 percent Yearly

Greece Government Last Previous Highest Lowest Unit
Government Debt to GDP 176.60 181.20 181.20 22.60 percent [+]
Government Budget 1.50 1.00 1.50 -15.10 percent of GDP [+]
Government Budget Value -715.30 -338.60 22737.60 -30872.00 EUR Million [+]
Government Spending 10959.20 9575.40 14069.70 8175.90 EUR Million [+]
Government Spending to GDP 46.30 46.90 62.40 43.70 percent [+]
Government Revenues 14110.00 11204.00 60352.00 244.00 EUR Million [+]
Government Debt 361828.74 356014.92 367978.00 215415.74 EUR Million [+]
Fiscal Expenditure 18172.00 12926.00 86355.00 1369.00 EUR Million [+]
Credit Rating 37.00 [+]
Military Expenditure 4934.00 5094.00 9095.00 779.00 USD Million [+]
Asylum Applications 8220.00 10315.00 10315.00 390.00 persons [+]


Greece Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.