Annual government: Gross fixed capital formation … function fixed in Greece
Greece: Annual government: Gross fixed capital formation … function fixed was 8,612 National currency in 2024. ▬ Flat
Annual government expenditure by function (COFOG) — Gross fixed in Greece, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government expenditure by function (cofog) — gross fixed in Greece is 8,612 National currency, measured in 2024.
The figure is down 0.8% on the previous year and up 31.1% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross fixed in Greece peaked at 13,559 National currency in 2009 and was at its lowest, 3,633 National currency, in 1995.
That places Greece 23rd out of 27 countries with data for 2024, putting it in the bottom quarter.
Annual government: Gross fixed capital formation … function fixed in Greece, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 3,633 National currency | — |
| 1996 | 4,243 National currency | +16.8% |
| 1997 | 4,506 National currency | +6.2% |
| 1998 | 6,375 National currency | +41.5% |
| 1999 | 7,270 National currency | +14.0% |
| 2000 | 7,137 National currency | -1.8% |
| 2001 | 9,045 National currency | +26.7% |
| 2002 | 8,011 National currency | -11.4% |
| 2003 | 10,636 National currency | +32.8% |
| 2004 | 11,025 National currency | +3.7% |
| 2005 | 8,811 National currency | -20.1% |
| 2006 | 12,482 National currency | +41.7% |
| 2007 | 11,286 National currency | -9.6% |
| 2008 | 13,510 National currency | +19.7% |
| 2009 | 13,559 National currency | +0.4% |
| 2010 | 8,330 National currency | -38.6% |
| 2011 | 5,089 National currency | -38.9% |
| 2012 | 4,825 National currency | -5.2% |
| 2013 | 6,221 National currency | +28.9% |
| 2014 | 6,571 National currency | +5.6% |
| 2015 | 6,812 National currency | +3.7% |
| 2016 | 6,237 National currency | -8.4% |
| 2017 | 8,033 National currency | +28.8% |
| 2018 | 5,808 National currency | -27.7% |
| 2019 | 4,575 National currency | -21.2% |
| 2020 | 5,146 National currency | +12.5% |
| 2021 | 6,649 National currency | +29.2% |
| 2022 | 7,575 National currency | +13.9% |
| 2023 | 8,678 National currency | +14.6% |
| 2024 | 8,612 National currency | -0.8% |
Greece compared with similar countries
- Greece's 8,612 National currency is below the median for high income countries, which is 93,394 National currency, 9% of the median. (26 countries reporting)
- Greece's 8,612 National currency is below the median for Europe & Central Asia, which is 78,345 National currency, 11% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,205 National currency | 3,633 National currency | 7,270 National currency | 5 |
| 2000s | 10,550 National currency | 7,137 National currency | 13,559 National currency | 10 |
| 2010s | 6,250 National currency | 4,575 National currency | 8,330 National currency | 10 |
| 2020s | 7,332 National currency | 5,146 National currency | 8,678 National currency | 5 |
Countries ranked near Greece
More public sector data for Greece
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross fixed in Greece?
- Annual government expenditure by function (cofog) — gross fixed in Greece was 8,612 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Greece?
- The highest recorded value was 13,559 National currency in 2009.
- What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Greece?
- The lowest recorded value was 3,633 National currency in 1995.
- How does Greece rank for annual government expenditure by function (cofog) — gross fixed?
- Greece ranks 23rd out of 27 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross fixed rising or falling in Greece?
- Over the last ten years it is up 31.1%. The long-run trend across the full record is flat.
- Where does this Greece data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross fixed capital formation. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org