Greece Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Greece's credit to gdp was 35.80% in 2025, ranked 80th globally. This represents a 26.2% decrease from 2024. Data from World Bank, covering 2001–2025.
Overview
Greece's credit to gdp stood at 35.80% in 2025, a decline of +12.74% from 2024. Based on recent trends, this figure is projected to reach 35.80% by 2025. Greece ranked 80th globally.
Greece’s credit to GDP ratio has fallen sharply over the past 25 years, declining from 51.70 percent in 2001 to a trough of 35.80 percent in 2025, the lowest level recorded in the series and placing the country at rank 80 globally. The ratio surged to an all‑time peak of 120.15 percent in 2012, reflecting the massive expansion of public and private borrowing during the euro‑area sovereign‑debt crisis and the subsequent reliance on external financing to sustain fiscal deficits. Since that apex, the post‑crisis adjustment programme, austerity measures and a gradual return to primary surpluses have driven a sustained contraction of credit relative to output. Greece’s 2025 figure is virtually identical to Belize’s 35.75 percent and only marginally below Timor‑Leste’s 36.01 percent, indicating convergence with other small, open economies that maintain modest leverage. If domestic demand rebounds and structural reforms boost investment productivity, the credit‑to‑GDP ratio could stabilise at a lower, more sustainable level, while any resurgence in borrowing would likely reverse the recent downward trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 21.32% | - | - |
| 2026* trend | 28.56% | - | - |
| 2025* trend | 35.80% | - | - |
| 2025 | 35.80% | −12.74% | #80 |
| 2024 | 48.54% | −0.67% | #69 |
| 2023 | 49.22% | −3.24% | #86 |
| 2022 | 52.46% | −3.74% | #95 |
| 2021 | 56.20% | −25.07% | #102 |
| 2020 | 81.27% | +1.06% | #127 |
| 2019 | 80.21% | −10.99% | #138 |
| 2018 | 91.21% | −9.44% | #146 |
| 2017 | 100.65% | −7.98% | #150 |
| 2016 | 108.63% | −4.81% | #155 |
| 2015 | 113.43% | −4.46% | #157 |
| 2014 | 117.90% | −1.90% | #156 |
| 2013 | 119.79% | −0.36% | #157 |
| 2012 | 120.15% | +0.95% | #158 |
| 2011 | 119.20% | +6.39% | #156 |
Detected Pattern
Analysis
Greece matched the Stagflation Risk pattern in 1996. Historically, 38% of countries showing this pattern (117 out of 307) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Greece's credit to gdp was 35.80% in 2025. Ranked 80th globally. This represents a 26.2% decrease from the previous year.
Greece's credit to gdp peaked at 120.15% in 2012.
The lowest credit to gdp in Greece was 35.80% in 2025.
Greece ranks 80th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Greece's credit to gdp is projected to reach 35.80% by 2025 based on trend extrapolation.
The credit to gdp of Greece in 2025 was 35.80%. This ranks 80th in the world.
Cite this page
@misc{historysaid_greece_credit-to-gdp,
title = {Greece Credit to GDP},
url = {https://historysaid.com/greece/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}