Greece GDP Growth Rate (2026)
Latest Update:
September 2026
Source:
IMF
Greece has a service-oriented European economy supported by tourism, shipping, consumption, investment, and trade. This page explores its GDP growth trend, historical performance, regional comparison, and outlook.
GDP Growth Rate 2026
+1.8%
Annual real GDP growth
World Rank
#151
Out of 195 countries
Change vs 2025
-0.3 pp
2025: +2.1%
Europe Rank
#24
Out of 43 countries
1. Greece GDP Growth Rate in 2026
Greek economic growth is influenced by tourism, household demand, investment, shipping, and European funding. Financial conditions and regional demand remain important.
2. Greece GDP Growth Rate Trends (1980–2026)
Greece’s growth history includes periods of rapid expansion, a prolonged sovereign debt crisis, economic adjustment, and recovery. Tourism and reforms have become increasingly important to growth.
3. Greece GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +1.8% | -0.3 pp |
| 2025 | +2.1% | 0.0 pp |
| 2024 | +2.1% | 0.0 pp |
| 2023 | +2.1% | -3.4 pp |
| 2022 | +5.5% | -3.2 pp |
| 2021 | +8.7% | +17.9 pp |
| 2020 | -9.2% | -11.5 pp |
| 2019 | +2.3% | +0.2 pp |
| 2018 | +2.1% | +0.6 pp |
| 2017 | +1.5% | +1.5 pp |
| 2016 | 0.0% | +0.2 pp |
| 2015 | -0.2% | -1.0 pp |
| 2014 | +0.8% | +3.1 pp |
| 2013 | -2.3% | +6.0 pp |
| 2012 | -8.3% | +1.6 pp |
| 2011 | -9.9% | -4.2 pp |
| 2010 | -5.7% | -1.6 pp |
| 2009 | -4.1% | -4.2 pp |
| 2008 | +0.1% | -3.4 pp |
| 2007 | +3.5% | -2.9 pp |
| 2006 | +6.4% | +5.2 pp |
| 2005 | +1.2% | -4.2 pp |
| 2004 | +5.4% | -0.4 pp |
| 2003 | +5.8% | +1.1 pp |
| 2002 | +4.7% | 0.0 pp |
| 2001 | +4.7% | +0.6 pp |
| 2000 | +4.1% | +1.4 pp |
| 1999 | +2.7% | -0.7 pp |
| 1998 | +3.4% | -0.2 pp |
| 1997 | +3.6% | +2.2 pp |
| 1996 | +1.4% | -0.7 pp |
| 1995 | +2.1% | +0.1 pp |
| 1994 | +2.0% | +3.6 pp |
| 1993 | -1.6% | -2.3 pp |
| 1992 | +0.7% | -2.4 pp |
| 1991 | +3.1% | +3.1 pp |
| 1990 | 0.0% | -3.8 pp |
| 1989 | +3.8% | -0.5 pp |
| 1988 | +4.3% | +6.6 pp |
| 1987 | -2.3% | -2.8 pp |
| 1986 | +0.5% | -2.0 pp |
| 1985 | +2.5% | +0.5 pp |
| 1984 | +2.0% | +3.1 pp |
| 1983 | -1.1% | 0.0 pp |
| 1982 | -1.1% | +0.5 pp |
| 1981 | -1.6% | -2.3 pp |
| 1980 | +0.7% | — |
4. Greece GDP Growth Performance
Current Growth Rate
+1.8%
(2026 to 2026)
5-Year Average
+2.7%
(2022 to 2026)
10-Year Average
+1.9%
(2017 to 2026)
20-Year Average
-0.4%
(2007 to 2026)
The economy benefits from strong tourism, improving investment, and European development funding. High debt and structural challenges continue to influence long-term performance.
5. Greece GDP Growth Rate vs Europe and World
Greece
+1.8%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Greece’s GDP growth rate is approximately
0.1 pp
below the
Europe average
and
1.0 pp
below the world average.
6. Greece GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #20 | Sweden | +2.0% |
| #21 | Portugal | +1.9% |
| #22 | Iceland | +1.9% |
| #23 | Moldova | +1.9% |
| #24 | Greece | +1.8% |
| #25 | Hungary | +1.7% |
| #26 | Luxembourg | +1.6% |
| #27 | Norway | +1.5% |
| #28 | Estonia | +1.4% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Greece
Greece GDP (Nominal)
$307.6 Billion
(2026)
Greece GDP Growth Rate
+1.8%
(2026)
Greece can outperform several euro-area economies when tourism and investment are strong. Its past financial crisis still shapes comparisons with other advanced European markets.
Explore more:
Greece GDP
→
9. Greece GDP Growth Rate Forecast
The outlook depends on tourism, investment, reforms, exports, and European funding. Public debt, productivity, and external demand remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +1.7% | -0.1 pp |
| 2028 | +1.6% | -0.1 pp |
| 2029 | +1.6% | 0.0 pp |
| 2030 | +1.6% | 0.0 pp |
10. Greece GDP Growth Rate: Key Findings
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Greece GDP growth rate is estimated at +1.8% in 2026.
✓
It ranks #151 globally and #24 in Europe by annual GDP growth rate.
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The growth rate slowed by 0.3 percentage points compared with 2025.
✓
The 5-year average GDP growth rate is +2.7%.
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The 10-year average GDP growth rate is +1.9%.
✓
The current rate is 0.1 percentage points below the Europe average.
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The current rate is 1.0 percentage points below the world average.
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The forecast GDP growth rate is +1.6% in 2030, 0.2 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Greece GDP Growth Rate FAQs
Greece GDP growth rate is estimated at +1.8% in 2026.
Greece ranks #151 globally and #24 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +1.8% in 2026.
Greece GDP growth rate was -0.2% in 2015.
Greece GDP growth rate is 0.1 percentage points below the Europe average.
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Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.