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Greece Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-0.01% −1.35% (-100.7%)
Year 2025 Rank #34 Global Peak 1.34% (2024) Source IMF WEO

Greece Budget Deficit (1980–2025)

Overview

Greece's budget deficit stood at -0.01% in 2025, a decline of +1.35% from 2024. The IMF projects -0.01% by 2025. Greece ranked 34th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -1.38% - -
2029* IMF -1.44% - -
2028* IMF -1.44% - -
2027* IMF -1.43% - -
2026* IMF -0.85% - -
2025* IMF -0.01% - -
2025 -0.01% −1.35% #34
2024 1.34% +2.69% #162
2023 -1.35% +1.11% #124
2022 -2.46% +5.13% #104
2021 -7.58% +2.76% #31
2020 -10.34% −10.25% #30
2019 -0.09% −0.86% #132
2018 0.78% −0.28% #144
2017 1.06% +0.78% #162
2016 0.28% +3.31% #157
2015 -3.03% +1.26% #88
2014 -4.29% −0.23% #51
2013 -4.06% +2.88% #56
2012 -6.94% +3.56% #23
2011 -10.50% +0.92% #6
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 8.2% GDP growth 1.4% Unemployment 10.4%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Greece matched the Stagflation Risk pattern in 1996. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Greece's budget deficit?

Greece's budget deficit was -0.01% in 2025. Ranked 34th globally. This represents a 100.7% decrease from the previous year.

What was the highest budget deficit in Greece?

Greece's budget deficit peaked at 1.34% in 2024.

What was the lowest budget deficit in Greece?

The lowest budget deficit in Greece was -15.42% in 2009.

How does Greece rank in budget deficit?

Greece ranks 34th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Greece in 2025?

Greece's budget deficit is projected to reach -0.01% by 2025 based on IMF projection.

What is the budget deficit of Greece in 2025?

The budget deficit of Greece in 2025 was -0.01%. This ranks 34th in the world.

Cite this page

APA
Greece Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/greece/budget-deficit
BibTeX
@misc{historysaid_greece_budget-deficit, title = {Greece Budget Deficit}, url = {https://historysaid.com/greece/budget-deficit}, publisher = {HistorySaid}, year = {2026} }