Net lending (+) / net borrowing (-) in Greece
Greece: Net lending (+) / net borrowing (-) was 1.2% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Greece, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Greece recorded 1.2% for net lending (+) / net borrowing (-) in 2024. That is the highest value across all 49 years on record.
That represents a change of up 203.6% on the previous year and up 129.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Greece peaked at 1.2% in 2024 and was at its lowest, -19.9%, in 1990.
That places Greece 26th out of 156 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.7% | -3.6% | -1.3% | 8 |
| 1980s | -9.5% | -18.3% | -3.4% | 10 |
| 1990s | -9.5% | -19.9% | -6.1% | 6 |
| 2000s | -7.8% | -15.4% | -4.2% | 10 |
| 2010s | -5.4% | -14.0% | 0.8% | 10 |
| 2020s | -3.8% | -9.6% | 1.2% | 5 |
Countries ranked near Greece
More public sector data for Greece
- Arms imports 623.00 million SIPRI trend indicator values (2024)
- Tax revenue 27.4% (2024)
- Taxes on income, profits and capital gains 21.5% (2024)
- Taxes on goods and services 33.3% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Interest payments 7.5% (2024)
- Grants and other revenue 14.0% (2024)
- Interest payments 7.3% (2023)
- Other taxes 3.1% (2024)
- Compensation of employees 18.4% (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Greece?
- Net lending (+) / net borrowing (-) in Greece was 1.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Greece?
- The highest recorded value was 1.2% in 2024.
- What is the lowest net lending (+) / net borrowing (-) recorded in Greece?
- The lowest recorded value was -19.9% in 1990.
- How does Greece rank for net lending (+) / net borrowing (-)?
- Greece ranks 26th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Greece?
- Over the last ten years it is up 129.9%. The long-run trend across the full record is volatile.
- 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 Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.