Budget balance — all countries

Budget balance — Greece

Budget balance in Greece in 2031 — -0.7%. Ranked 45 in the world out of 188. Since 1980, the indicator has risen by 1.8 pp.

2031 -0.7% −0.1 pp vs 2030
World rank 45of 188
Period maximum 1.3%2025
Period minimum -15.4%2009

Trend over time

1980–2031 · % of GDP

Budget balance — Greece, 1980–2031-20-15-10-50519801986199219982004201020162022202820311980: -2.5%1981: -7.1%1982: -5.5%1983: -6.2%1984: -7.2%1985: -9.6%1986: -8.6%1987: -8.1%1988: -9.6%1989: -11.9%1990: -13.3%1991: -9.6%1992: -10.6%1993: -11.5%1994: -8.5%1995: -9.9%1996: -8.4%1997: -6.2%1998: -6.5%1999: -6%2000: -4.2%2001: -5.6%2002: -6.2%2003: -8%2004: -9.1%2005: -6.3%2006: -6%2007: -6.8%2008: -10.3%2009: -15.4%2010: -11.4%2011: -10.5%2012: -6.9%2013: -4.1%2014: -4.3%2015: -3%2016: 0.3%2017: 1.1%2018: 0.8%2019: -0.1%2020: -10.4%2021: -7.8%2022: -2.6%2023: -1.4%2024: 1.2%2025: 1.3%2026: 0.6%2027: -0.2%2028: -0.2%2029: -0.5%2030: -0.6%2031: -0.7%
Change over the period: +1.8 pp Annual average: 0.04 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Greece

Greece -0.7%
World computed -4.85%
Europe & Central Asia computed -2.49%
Southern Europe computed -2.33%
High-income countries computed -4.26%
Budget balance — Greece, by year Greece All countries CSV XLSX
Year % Change, pp
2031 -0.7 −0.1 pp
2030 -0.6 −0.1 pp
2029 -0.5 −0.3 pp
2028 -0.2 +0 pp
2027 -0.2 −0.8 pp
2026 0.6 −0.7 pp
2025 1.3 +0.1 pp
2024 1.2 +2.6 pp
2023 -1.4 +1.2 pp
2022 -2.6 +5.2 pp
2021 -7.8 +2.6 pp
2020 -10.4 −10.3 pp
2019 -0.1 −0.9 pp
2018 0.8 −0.3 pp
2017 1.1 +0.8 pp
2016 0.3 +3.3 pp
2015 -3 +1.3 pp
2014 -4.3 −0.2 pp
2013 -4.1 +2.8 pp
2012 -6.9 +3.6 pp
2011 -10.5 +0.9 pp
2010 -11.4 +4 pp
2009 -15.4 −5.1 pp
2008 -10.3 −3.5 pp
2007 -6.8 −0.8 pp
2006 -6 +0.3 pp
2005 -6.3 +2.8 pp
2004 -9.1 −1.1 pp
2003 -8 −1.8 pp
2002 -6.2 −0.6 pp
2001 -5.6 −1.4 pp
2000 -4.2 +1.8 pp
1999 -6 +0.5 pp
1998 -6.5 −0.3 pp
1997 -6.2 +2.2 pp
1996 -8.4 +1.5 pp
1995 -9.9 −1.4 pp
1994 -8.5 +3 pp
1993 -11.5 −0.9 pp
1992 -10.6 −1 pp
1991 -9.6 +3.7 pp
1990 -13.3 −1.4 pp
1989 -11.9 −2.3 pp
1988 -9.6 −1.5 pp
1987 -8.1 +0.5 pp
1986 -8.6 +1 pp
1985 -9.6 −2.4 pp
1984 -7.2 −1 pp
1983 -6.2 −0.7 pp
1982 -5.5 +1.6 pp
1981 -7.1 −4.6 pp
1980 -2.5

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.