Greek Economy Grows 0.3% in Q2

2026-09-07 09:24 By Erika Ordonez 1 min. read

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.



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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.
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