Greece Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Greece's government debt to gdp was 146.69% in 2025, ranked 4th globally. This represents a 5.2% decrease from 2024. Data from IMF WEO, covering 1980–2025.
Overview
Greece's government debt to gdp stood at 146.69% in 2025, a decline of +8.10% from 2024. The IMF projects 146.69% by 2025. Greece ranked 4th globally.
Greece’s general government debt-to‑GDP ratio has risen sharply from a low of 22.84 in 1980 to an all‑time high of 209.93 in 2020, reflecting the fiscal strain of the sovereign‑debt crisis and the pandemic‑related stimulus packages. By 2025 the ratio stood at 146.69, placing Greece fourth among the 190 economies covered by the IMF World Economic Outlook and slightly above Italy’s 136.84 but below Singapore’s 175.61. The 46‑year span shows a long‑term upward trajectory, with the 2020 peak marking the culmination of a decade of fiscal consolidation setbacks and a modest post‑crisis rebound that reduced the ratio by roughly 63 points by 2025. Continued primary surpluses, structural reforms, and a resilient export sector could further lower the debt burden, while any resurgence of fiscal deficits or external shocks would likely reverse the recent downward momentum.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 130.20% | - | - |
| 2029* IMF | 132.94% | - | - |
| 2028* IMF | 135.57% | - | - |
| 2027* IMF | 138.11% | - | - |
| 2026* IMF | 141.87% | - | - |
| 2025* IMF | 146.69% | - | - |
| 2025 | 146.69% | −8.10% | #4 |
| 2024 | 154.79% | −10.37% | #184 |
| 2023 | 165.16% | −13.28% | #184 |
| 2022 | 178.44% | −19.37% | #185 |
| 2021 | 197.81% | −12.12% | #186 |
| 2020 | 209.93% | +26.24% | #186 |
| 2019 | 183.69% | −5.86% | #186 |
| 2018 | 189.55% | +6.93% | #186 |
| 2017 | 182.62% | −1.05% | #187 |
| 2016 | 183.68% | +3.67% | #187 |
| 2015 | 180.00% | −2.82% | #187 |
| 2014 | 182.82% | +2.31% | #187 |
| 2013 | 180.51% | +16.23% | #187 |
| 2012 | 164.28% | −10.80% | #187 |
| 2011 | 175.08% | +27.23% | #185 |
Detected Pattern
Analysis
Greece matched the Stagflation Risk pattern in 1996. Historically, 38% of countries showing this pattern (117 out of 307) saw government debt to gdp improve within 24 months. View full analysis →
Recent news highlights social unrest in Greece driven by escalating living costs, which could pressure government spending or hinder economic growth, making it more challenging to reduce the 146.69% Government Debt to
Frequently Asked Questions
Greece's government debt to gdp was 146.69% in 2025. Ranked 4th globally. This represents a 5.2% decrease from the previous year.
Greece's government debt to gdp peaked at 209.93% in 2020.
The lowest government debt to gdp in Greece was 22.84% in 1980.
Greece ranks 4th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Greece's government debt to gdp is projected to reach 146.69% by 2025 based on IMF projection.
The government debt to gdp of Greece in 2025 was 146.69%. This ranks 4th in the world.
Cite this page
@misc{historysaid_greece_government-debt-to-gdp,
title = {Greece Government Debt to GDP},
url = {https://historysaid.com/greece/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}