Greece’s economy expanded 0.3% quarter-on-quarter in the second quarter of 2026, up from 0.2% in the previous period, which marked the weakest growth rate since a 0.3% contraction in Q3 2023. The expansion was driven by a rebound in household consumption (0.9% vs -0.3% in Q1) and fixed investment (2.2% vs -2.5%). Meanwhile, government spending declined (-2.1% vs 4.2%), weighing on overall GDP. Net external demand also contributed negatively to GDP, as imports of goods and services rose (0.6% vs 0.8%), outpacing the more modest increase in exports (0.5% vs 0.4%). On an annual basis, GDP advanced 1.9%, slowing from 2.0% in the preceding quarter and marking the lowest reading since Q2 2025. source: National Statistical Service of Greece

The Gross Domestic Product (GDP) in Greece expanded 0.30 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Greece averaged 0.25 percent from 1995 until 2026, 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 September of 2026.

The Gross Domestic Product (GDP) in Greece expanded 0.30 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Greece is expected to be 0.30 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
2026-06-05 09:00 AM
GDP Growth Rate QoQ
Q1 0.2% 0.7% 0.3%
2026-09-07 09:00 AM
GDP Growth Rate QoQ
Q2 0.3% 0.2% 0.4%
2026-12-07 10:00 AM
GDP Growth Rate QoQ
Q3 0.3% 0.3%


Related Last Previous Unit Reference
Full Year GDP Growth 2.10 2.10 percent Dec 2025
GDP Growth Rate YoY 1.90 2.00 percent Jun 2026
GDP Constant Prices 51595.90 46785.70 EUR Million Jun 2026
GDP from Agriculture 1696.42 1544.50 EUR Million Jun 2026
GDP from Construction 1217.50 927.60 EUR Million Jun 2026
GDP from Mining 7151.46 6670.29 EUR Million Jun 2026
GDP from Public Administration 8209.33 8207.08 EUR Million Jun 2026
GDP from Services 10025.12 7520.68 EUR Million Jun 2026
GDP Growth Rate 0.30 0.20 percent Jun 2026
Gross Fixed Capital Formation 9679.04 9469.31 EUR Million Jun 2026


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
0.30 0.20 6.10 -13.80 1995 - 2026 percent Quarterly
SA

News Stream
Greek Economy Grows 0.3% in Q2
Greece’s economy expanded 0.3% quarter-on-quarter in the second quarter of 2026, up from 0.2% in the previous period, which marked the weakest growth rate since a 0.3% contraction in Q3 2023. The expansion was driven by a rebound in household consumption (0.9% vs -0.3% in Q1) and fixed investment (2.2% vs -2.5%). Meanwhile, government spending declined (-2.1% vs 4.2%), weighing on overall GDP. Net external demand also contributed negatively to GDP, as imports of goods and services rose (0.6% vs 0.8%), outpacing the more modest increase in exports (0.5% vs 0.4%). On an annual basis, GDP advanced 1.9%, slowing from 2.0% in the preceding quarter and marking the lowest reading since Q2 2025.
2026-09-07
Greece GDP Growth at 2-1/2-Year Low
Greece’s economy expanded by 0.2% quarter-on-quarter in Q1 2026, marking a slowdown from a downwardly revised 0.7% growth in the previous period. This was the weakest growth rate since a 0.3% contraction observed in Q3 2023, as household consumption stalled (vs 0.7% in Q4) and fixed investment dropped (-2.5% vs 3.3%). Meanwhile, government spending rebounded (2.4% vs -0.3%) and net external demand contributed positively to the GDP, as exports increased (0.3% vs 0.9%) whereas imports fell (-0.6% vs 3.6%). On an annual basis, the GDP increased by 2%, following a downwardly revised 2.3% expansion in the preceding quarter.
2026-06-05
Greece GDP Grows 0.8% in Q4
Greece’s economy expanded 0.8% quarter-on-quarter in Q4 2025 from an upwardly revised 0.7% gain in the previous quarter and marking the strongest quarterly growth since Q2 2024. The expansion was driven largely by faster growth in household consumption (0.8% vs 0.4% in Q3) and gross fixed capital formation (4.3% vs 3.9%), alongside a smaller decline in government spending (-0.4% vs -0.8%). However, net external demand weighed on GDP as imports surged (3.7% vs -1.5%), outpacing the more modest rise in exports (1% vs 0.4%). On an annual basis, Greece’s GDP grew by 2.4% in Q4, surpassing the upwardly revised 2.1% growth in the preceding quarter.
2026-03-06