Greece: Primary budget balance
* indicates monthly or quarterly data series
| Greece |
Primary budget balance, percent of GDP |
|---|---|
| Latest value | 4.80 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1990 - 2024 |
| Average | -0.85 |
| Min - Max | -10.31 - 4.80 |
| Source | The World Bank |
The latest value from 2024 is 4.8 percent, an increase from 2.03 percent in 2023. In comparison, the world average is -1.04 percent, based on data from 179 countries. Historically, the average for Greece from 1990 to 2024 is -0.85 percent. The minimum value, -10.31 percent, was reached in 2009 while the maximum of 4.8 percent was recorded in 2024.
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Definition: The difference between a government's total revenue and its total expenditure, excluding interest payments on its outstanding debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 18.24 | 2025 | percent |
| Government spending, in dollars | 51.18 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 1.34 | 2024 | percent |
| Primary budget balance | 4.80 | 2024 | percent |
| Government expenditure | 11.07 | Q1/2026 | billion |
| Long-term interest rate | 3.65 | 6/2026 | percent |
| Tax revenue | 27.38 | 2024 | percent |
| Commercial tax rate | 51.90 | 2019 | percent |
| Tax preparation time | 193 | 2019 | hours |
| Taxes on goods and services | 33.30 | 2024 | percent |
| Taxes on international trade | 0.01 | 2024 | percent |
| Income and profits taxes | 21.50 | 2024 | percent |
| Government debt | 154.79 | 2024 | percent |
| Government debt held by non-residents | 72.51 | 2024 | percent |
| Sovereign debt average maturity | 20.00 | 2014 | percent |
| Short-term government debt | 5.84 | 2024 | percent |