GDP (current LCU), annual growth rate in Greece

Greece: GDP (current LCU), annual growth rate was 5.5 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.5 % change on previous year
Change on year
down 34.1%
World rank
143rd
of 211 countries
All-time high
30.69 % change on previous year
in 1973
All-time low
-9.53 % change on previous year
in 2020
Years of data
54
1971–2024

GDP (current LCU), annual growth rate in Greece, 1971–2024

-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (current lcu), annual growth rate in Greece is 5.5 % change on previous year, measured in 2024.

Compared with earlier readings it is down 34.1% on the previous year and up 579.4% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Greece peaked at 30.69 % change on previous year in 1973 and was at its lowest, -9.53 % change on previous year, in 2020.

Greece ranks 143rd of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Greece, year by year

Annual values for GDP (current LCU), annual growth rate in Greece, 1971 to 2024.
Year % change on previous year Change
1971 11.05 % change on previous year
1972 15.72 % change on previous year +42.3%
1973 30.69 % change on previous year +95.3%
1974 14.88 % change on previous year -51.5%
1975 20.32 % change on previous year +36.6%
1976 24.41 % change on previous year +20.1%
1977 17.1 % change on previous year -30.0%
1978 22.03 % change on previous year +28.9%
1979 24.09 % change on previous year +9.4%
1980 20.05 % change on previous year -16.8%
1981 19.72 % change on previous year -1.6%
1982 25.77 % change on previous year +30.7%
1983 19.31 % change on previous year -25.1%
1984 24.37 % change on previous year +26.2%
1985 22.01 % change on previous year -9.7%
1986 19.5 % change on previous year -11.4%
1987 12.65 % change on previous year -35.1%
1988 21.68 % change on previous year +71.4%
1989 18.85 % change on previous year -13.1%
1990 20.69 % change on previous year +9.8%
1991 23.5 % change on previous year +13.6%
1992 15.6 % change on previous year -33.6%
1993 12.6 % change on previous year -19.3%
1994 13.41 % change on previous year +6.4%
1995 12.1 % change on previous year -9.8%
1996 9.69 % change on previous year -19.9%
1997 10.46 % change on previous year +7.9%
1998 8.9 % change on previous year -14.9%
1999 6.26 % change on previous year -29.6%
2000 5.82 % change on previous year -7.0%
2001 8.28 % change on previous year +42.2%
2002 7.77 % change on previous year -6.1%
2003 9.56 % change on previous year +23.0%
2004 8.51 % change on previous year -11.0%
2005 3.11 % change on previous year -63.5%
2006 10.03 % change on previous year +222.7%
2007 6.99 % change on previous year -30.3%
2008 4.12 % change on previous year -41.0%
2009 -1.85 % change on previous year -144.8%
2010 -4.58 % change on previous year +147.8%
2011 -9 % change on previous year +96.4%
2012 -8.64 % change on previous year -4.0%
2013 -4.19 % change on previous year -51.5%
2014 -1.15 % change on previous year -72.6%
2015 -0.4027 % change on previous year -64.9%
2016 -0.5218 % change on previous year +29.6%
2017 1.68 % change on previous year -421.9%
2018 1.83 % change on previous year +8.7%
2019 2.53 % change on previous year +38.5%
2020 -9.53 % change on previous year -476.9%
2021 10.17 % change on previous year -206.7%
2022 12.61 % change on previous year +24.0%
2023 8.34 % change on previous year -33.8%
2024 5.5 % change on previous year -34.1%

Greece compared with similar countries

  • Greece's 5.5 % change on previous year is below the median for high income countries, which is 5.96 % change on previous year, 92% of the median. (82 countries reporting)
  • Greece's 5.5 % change on previous year is below the median for Europe & Central Asia, which is 6.26 % change on previous year, 88% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -476.9% 2.53 % change on previous year -9.53 % change on previous year
2017 +421.9% -0.5218 % change on previous year 1.68 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 20.03 % change on previous year 11.05 % change on previous year 30.69 % change on previous year 9
1980s 20.39 % change on previous year 12.65 % change on previous year 25.77 % change on previous year 10
1990s 13.32 % change on previous year 6.26 % change on previous year 23.5 % change on previous year 10
2000s 6.23 % change on previous year -1.85 % change on previous year 10.03 % change on previous year 10
2010s -2.24 % change on previous year -9 % change on previous year 2.53 % change on previous year 10
2020s 5.42 % change on previous year -9.53 % change on previous year 12.61 % change on previous year 5

Countries ranked near Greece

  1. 140 North Macedonia 5.7 % change on previous year compare
  2. 141 Liechtenstein 5.7 % change on previous year compare
  3. 142 Denmark 5.57 % change on previous year compare
  4. 144 Eswatini 5.47 % change on previous year compare
  5. 145 United States 5.28 % change on previous year compare
  6. 146 Afghanistan 5.26 % change on previous year compare

See the full ranking of 211 places →

More population data for Greece

All data for Greece →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Greece?
Gdp (current lcu), annual growth rate in Greece was 5.5 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Greece?
The highest recorded value was 30.69 % change on previous year in 1973.
What is the lowest gdp (current lcu), annual growth rate recorded in Greece?
The lowest recorded value was -9.53 % change on previous year in 2020.
How does Greece rank for gdp (current lcu), annual growth rate?
Greece ranks 143rd out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Greece?
Over the last ten years it is up 579.4%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Greece. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/greece/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.