Expense in Greece
Greece: Expense was 47.3% in 2023. ▲ Rising
Expense in Greece, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Greece stood at 47.3%.
Compared with earlier readings it is down 6.9% on the previous year and down 22.9% over ten years.
Over the whole period, expense in Greece peaked at 61.4% in 2013 and was at its lowest, 16.0%, in 1973.
Greece ranks 7th of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.7% | 16.0% | 20.6% | 8 |
| 1980s | 31.2% | 21.7% | 38.8% | 10 |
| 1990s | 43.9% | 42.9% | 44.5% | 6 |
| 2000s | 45.1% | 43.1% | 52.0% | 10 |
| 2010s | 51.8% | 46.9% | 61.4% | 10 |
| 2020s | 52.8% | 47.3% | 58.1% | 4 |
Countries ranked near Greece
More economy & growth data for Greece
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 2.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 2.67 billion current US$ (2024)
- Taxes less subsidies on products 34.17 billion current LCU (2025)
- Taxes less subsidies on products 38.62 billion current US$ (2025)
- Net primary income (Net income from abroad) -6.73 billion current LCU (2024)
- Net primary income (Net income from abroad) -7.29 billion current US$ (2024)
- GNI per capita 23,347 current LCU (2025)
- GNI per capita, Atlas method 25,360 current US$ (2025)
- GNI 243.13 billion current LCU (2025)
Frequently asked questions
- What is expense in Greece?
- Expense in Greece was 47.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Greece?
- The highest recorded value was 61.4% in 2013.
- What is the lowest expense recorded in Greece?
- The lowest recorded value was 16.0% in 1973.
- How does Greece rank for expense?
- Greece ranks 7th out of 157 countries with data for 2023.
- Is expense rising or falling in Greece?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.