Greece’s economy expanded 0.6% quarter-on-quarter in Q3 2025, following a downwardly revised 0.4% gain in the previous quarter, marking the strongest quarterly growth since Q4 2024. The acceleration was mainly driven by faster growth in final consumption expenditure (0.6% vs 0.5% in Q2), led by government spending (0.2% vs 0.0%), while household consumption remained stable at 0.7%. However, gross fixed capital formation slowed (3.5% vs 8.7%), while net external demand weakened due to slower export growth (0.2% vs 0.7% in Q2) alongside a sharper decline in imports (-1.6% vs -1.1%). On an annual basis, Greece’s GDP rose 2.0% in Q3 2025, surpassing the downwardly revised 1.6% growth in Q2 2025. source: National Statistical Service of Greece

The Gross Domestic Product (GDP) in Greece expanded 0.60 percent in the third quarter of 2025 over the previous quarter. GDP Growth Rate in Greece averaged 0.24 percent from 1995 until 2025, reaching an all time high of 6.10 percent in the third quarter of 2020 and a record low of -13.80 percent in the second quarter of 2020. This page provides the latest reported value for - Greece GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Greece expanded 0.60 percent in the third quarter of 2025 over the previous quarter. GDP Growth Rate in Greece is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece GDP Growth Rate is projected to trend around 0.40 percent in 2027 and 0.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-09-05 09:00 AM
GDP Growth Rate QoQ
Q2 0.6% 0.1% 0.2%
2025-12-05 10:00 AM
GDP Growth Rate QoQ
Q3 0.6% 0.4% 0.3%
2026-03-06 10:00 AM
GDP Growth Rate QoQ
Q4 0.6%


Related Last Previous Unit Reference
Full Year GDP Growth 2.30 2.30 percent Dec 2024
GDP Growth Rate YoY 2.00 1.60 percent Sep 2025
GDP Constant Prices 55247.50 50675.90 EUR Million Sep 2025
GDP from Agriculture 1655.07 1631.07 EUR Million Sep 2025
GDP from Construction 1094.70 1073.00 EUR Million Sep 2025
GDP from Mining 7383.76 7017.63 EUR Million Sep 2025
GDP from Public Administration 7905.92 8172.37 EUR Million Sep 2025
GDP from Services 12975.00 10169.08 EUR Million Sep 2025
GDP Growth Rate 0.60 0.40 percent Sep 2025
Gross Fixed Capital Formation 9400.02 9081.34 EUR Million Sep 2025


Greece GDP Growth Rate
Greece has a service based economy and is one of the top tourist destinations in the world. Following the entry to the European Union in 1980 and the Euro Area in 2000, the Greek economy had been recording high rates of growth. Yet, as this expansion had been fueled mainly by the access to cheap credit and growth of public sector, in 2008 the budget deficit and sovereign debt reached unsustainable levels. As a result, Greece faced the worst crisis since 1974 and tough reforms enforced by the IMF and the European Commission as part of the bailout programme are taking place.
Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.40 6.10 -13.80 1995 - 2025 percent Quarterly
SA

News Stream
Greece Q3 GDP Growth Hits Strongest This Year
Greece’s economy expanded 0.6% quarter-on-quarter in Q3 2025, following a downwardly revised 0.4% gain in the previous quarter, marking the strongest quarterly growth since Q4 2024. The acceleration was mainly driven by faster growth in final consumption expenditure (0.6% vs 0.5% in Q2), led by government spending (0.2% vs 0.0%), while household consumption remained stable at 0.7%. However, gross fixed capital formation slowed (3.5% vs 8.7%), while net external demand weakened due to slower export growth (0.2% vs 0.7% in Q2) alongside a sharper decline in imports (-1.6% vs -1.1%). On an annual basis, Greece’s GDP rose 2.0% in Q3 2025, surpassing the downwardly revised 1.6% growth in Q2 2025.
2025-12-05
Greece Q2 GDP Hits 1-Year High
Greece’s economy expanded by 0.6% quarter-on-quarter in the second quarter of 2025, following an upwardly revised 0.1% growth in the previous quarter. This marked the strongest economic expansion since Q2 2024, primarily driven by a positive contribution from net external demand, as exports rebounded (1.3% vs -0.6% in Q1) while imports declined (-0.9% vs 0.4%). At the same time, gross fixed capital formation recovered sharply (7.4% vs -5%). However, final consumption expenditure slightly weighed on overall GDP (-0.1% vs 1.1%), as household consumption fell (-0.2% vs 1.2%) despite a rebound in government spending (2.4% vs -1.8%). On an annual basis, Greece’s GDP grew by 1.7% in Q2 2025, slightly below the downwardly revised 1.8% growth recorded in the previous quarter.
2025-09-05
Greece GDP Stalls in Q1
Greece’s economy stalled on a quarterly basis in the first quarter of 2025, following a downwardly revised 0.8% expansion in the previous three-month period. The stagnation was largely attributed to a negative contribution from net external demand, as exports declined by 0.9% (vs +0.3% in Q4 2024), while imports increased by 0.7% (vs a -1.7%). Additionally, fixed investments contracted sharply by 6.1% (vs 3.7%), and government spending also dropped by 1.1% (vs +1.1%). Meanwhile, household consumption showed signs of recovery, rising 1.3% following a 0.1% decline in the previous quarter. On an annual basis, Greece’s GDP grew by 2.2% in Q1 2025, slowing from a downwardly revised 2.5% expansion in the preceding quarter.
2025-06-06