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Greece

Indicators of economy in Greece

The main economic performance of a country can be seen from its gross domestic product. In other words, the total quantity of all goods and services sold within Greece minus intermediate consumption. Worldwide gross domestic product in 2024 was at about 13,625 USD per capita. GDP in Greece, on the other hand, reached USD 24,626 per capita, or 256.24 billion USD for the whole country. Greece is therefore currently ranked 54 of the major economies.

Inflation in Greece in 2025 was around 2.82%. Within the EU, the average in the same year was 2.18 percent. Worldwide at 4.01%. In the United States, it was most recently 2.65%.

The index for perceived corruption in the public sector is 50, which is below average by global standards.


Back to overview: Greece

Income and purchasing power

The average monthly income in Greece is 1,894 US Dollar per capita. In the USA, the figure is 6,958 US Dollar. However, the prices of consumer goods are also around 37.0 percent lower than in the USA. If you compare income and price levels, the result is a more expensive life in Greece than in the United States. The bottom line is that the costs do not offset the lower income, and you get about 56.8 percent less.

However, it is also important to remember that this is a purely statistical model. Both the labor output and the type and quality of the goods received always correspond to the national average on both sides of the equation - so they do not necessarily have to match. Here you can also find an international comparison of cost of living and purchasing power.

The income tax payable in Greece on all income is in the middle range compared to other OECD countries. A married couple with 2 children and normal average income pays on average 12.8% income tax. The total tax burden including social security contributions but excluding employer contributions is 26.1%. The top tax rate is 44.0 percent. Please also read our country comparison of income tax.

Economic performance 2024

IndicatorGreece
Total
Greece
per capita
Worldwide
Total
Worldwide
per capita
GDP256.24 bn USD24,626.15 USD110.983 tn USD13,625.34 USD
Gross national product236.50 bn USD22,728.99 USD109.446 tn USD13,436.72 USD


In the Global Innovation Index, Greece ranked 42nd in 2025 with 37.4 points. The index is calculated annually by the World Intellectual Property Organization (WIPO) and most recently included 138 countries. The top country was Switzerland with 66.0 points. Out of the 2,000 largest listed companies in the world, 6 originate from Greece. This is determined annually in the Forbes Global 2000 list. The 6 largest companies in the country in 2025 were:

RankCompanyCityEmployeesRevenuesMarket value
#901Eurobank ErgasiasAthens12,8336.45 bn USD10.40 bn USD
#1036National Bank of GreeceAthens7,6333.96 bn USD9.85 bn USD
#1161Piraeus Financial HoldingsAthens7,7614.21 bn USD7.05 bn USD
#1307Bank of GreeceAthens7.68 bn USD0.31 bn USD
#1361Alpha BankAthens6,0455.44 bn USD5.75 bn USD
#1721Public PowerAthens20,1579.71 bn USD5.39 bn USD

Development of gross domestic product in billions of USD 1960 - 2024


GDP Greece

Largest economic sectors

  • Tourism
  • Food and tobacco processing
  • Textiles
  • Chemicals
  • Metal products
  • Mining
  • Petroleum

Imports and Exports 2024

IndicatorGreece
Total
Greece
per capita
Imports122.33 bn USD11,757.06 USD
Exports108.41 bn USD10,418.55 USD


Development of imports and exports in billions of USD 1976 - 2024

Imports and Exports Greece
Exports
Imports


Household debt and deficits 2025


IndicatorGreece
Total
Greece
per capita
Budget deficit-4.85 bn USD-465.90 USD

Please note: A negative budget deficit equivalents to a surplus


Unemployment rates in percentages 1991 - 2025

The unemployment rates according to the ILOSTAT estimates used here do not always correspond to the official government figures. Instead, they are based on a harmonized procedure to compensate for different unemployment criteria and make them comparable across countries. Further information and an international comparison can be found here.

Unemployment rates Greece