Expense in Greece
Greece: Expense was 106.28 billion current LCU in 2023. ◆ Volatile
Expense in Greece, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Greece stood at 106.28 billion current LCU.
Compared with earlier readings it is up 1.1% on the previous year and down 2.7% over ten years.
Over the whole period, expense in Greece peaked at 121.77 billion current LCU in 2009 and was at its lowest, 239.15 million current LCU, in 1972.
Greece ranks 96th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Greece, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 239.15 million current LCU | — |
| 1973 | 307.03 million current LCU | +28.4% |
| 1974 | 406.02 million current LCU | +32.2% |
| 1975 | 480.62 million current LCU | +18.4% |
| 1976 | 646.66 million current LCU | +34.5% |
| 1977 | 794.22 million current LCU | +22.8% |
| 1978 | 961.76 million current LCU | +21.1% |
| 1979 | 1.18 billion current LCU | +23.0% |
| 1980 | 1.52 billion current LCU | +28.6% |
| 1981 | 2.06 billion current LCU | +35.3% |
| 1982 | 3.61 billion current LCU | +75.3% |
| 1983 | 3.50 billion current LCU | -3.1% |
| 1984 | 4.96 billion current LCU | +41.9% |
| 1985 | 6.12 billion current LCU | +23.3% |
| 1986 | 7.27 billion current LCU | +18.8% |
| 1987 | 8.96 billion current LCU | +23.2% |
| 1988 | 10.83 billion current LCU | +20.9% |
| 1989 | 14.44 billion current LCU | +33.3% |
| 1990 | 19.26 billion current LCU | +33.4% |
| 1995 | 40.85 billion current LCU | +112.1% |
| 1996 | 44.69 billion current LCU | +9.4% |
| 1997 | 48.65 billion current LCU | +8.8% |
| 1998 | 53.50 billion current LCU | +10.0% |
| 1999 | 55.91 billion current LCU | +4.5% |
| 2000 | 60.52 billion current LCU | +8.2% |
| 2001 | 64.58 billion current LCU | +6.7% |
| 2002 | 68.65 billion current LCU | +6.3% |
| 2003 | 75.18 billion current LCU | +9.5% |
| 2004 | 84.17 billion current LCU | +12.0% |
| 2005 | 85.56 billion current LCU | +1.6% |
| 2006 | 92.42 billion current LCU | +8.0% |
| 2007 | 102.50 billion current LCU | +10.9% |
| 2008 | 114.25 billion current LCU | +11.5% |
| 2009 | 121.77 billion current LCU | +6.6% |
| 2010 | 114.21 billion current LCU | -6.2% |
| 2011 | 111.47 billion current LCU | -2.4% |
| 2012 | 106.66 billion current LCU | -4.3% |
| 2013 | 109.28 billion current LCU | +2.5% |
| 2014 | 87.59 billion current LCU | -19.8% |
| 2015 | 91.56 billion current LCU | +4.5% |
| 2016 | 85.23 billion current LCU | -6.9% |
| 2017 | 84.56 billion current LCU | -0.8% |
| 2018 | 86.73 billion current LCU | +2.6% |
| 2019 | 86.90 billion current LCU | +0.2% |
| 2020 | 97.29 billion current LCU | +12.0% |
| 2021 | 101.21 billion current LCU | +4.0% |
| 2022 | 105.16 billion current LCU | +3.9% |
| 2023 | 106.28 billion current LCU | +1.1% |
Greece compared with similar countries
- Greece's 106.28 billion current LCU is below the median for high income countries, which is 134.42 billion current LCU, 79% of the median. (57 countries reporting)
- Greece's 106.28 billion current LCU is below the median for Europe & Central Asia, which is 301.38 billion current LCU, 35% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Expense in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +112.1% | 19.26 billion current LCU | 40.85 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 627.31 million current LCU | 239.15 million current LCU | 1.18 billion current LCU | 8 |
| 1980s | 6.33 billion current LCU | 1.52 billion current LCU | 14.44 billion current LCU | 10 |
| 1990s | 43.81 billion current LCU | 19.26 billion current LCU | 55.91 billion current LCU | 6 |
| 2000s | 86.96 billion current LCU | 60.52 billion current LCU | 121.77 billion current LCU | 10 |
| 2010s | 96.42 billion current LCU | 84.56 billion current LCU | 114.21 billion current LCU | 10 |
| 2020s | 102.49 billion current LCU | 97.29 billion current LCU | 106.28 billion current LCU | 4 |
Countries ranked near Greece
More public sector data for Greece
- Democracy, annual growth rate 0 % change on previous year (2025)
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- 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)
- Elected parliament, 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)
- 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 expense in Greece?
- Expense in Greece was 106.28 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Greece?
- The highest recorded value was 121.77 billion current LCU in 2009.
- What is the lowest expense recorded in Greece?
- The lowest recorded value was 239.15 million current LCU in 1972.
- How does Greece rank for expense?
- Greece ranks 96th out of 157 countries with data for 2023.
- Is expense rising or falling in Greece?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.