Goods and services expense in Greece
Greece: Goods and services expense was 9.07 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Greece, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Greece stood at 9.07 billion current LCU.
The figure is up 3.7% on the previous year and up 35.8% over ten years.
Over the whole period, goods and services expense in Greece peaked at 15.97 billion current LCU in 1996 and was at its lowest, 49.13 million current LCU, in 1972.
Greece ranks 106th of 155 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.
Goods and services expense in Greece, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 49.13 million current LCU | — |
| 1973 | 87.69 million current LCU | +78.5% |
| 1974 | 110.11 million current LCU | +25.6% |
| 1975 | 125.31 million current LCU | +13.8% |
| 1976 | 193.63 million current LCU | +54.5% |
| 1977 | 222.63 million current LCU | +15.0% |
| 1980 | 279.44 million current LCU | +25.5% |
| 1981 | 352.11 million current LCU | +26.0% |
| 1982 | 461.83 million current LCU | +31.2% |
| 1983 | 617.99 million current LCU | +33.8% |
| 1984 | 858.37 million current LCU | +38.9% |
| 1985 | 986.97 million current LCU | +15.0% |
| 1986 | 1.26 billion current LCU | +27.8% |
| 1987 | 1.50 billion current LCU | +19.1% |
| 1988 | 1.85 billion current LCU | +23.4% |
| 1989 | 2.21 billion current LCU | +19.2% |
| 1990 | 2.19 billion current LCU | -0.7% |
| 1995 | 14.70 billion current LCU | +570.1% |
| 1996 | 15.97 billion current LCU | +8.7% |
| 1997 | 4.71 billion current LCU | -70.5% |
| 1998 | 5.25 billion current LCU | +11.5% |
| 1999 | 6.02 billion current LCU | +14.7% |
| 2000 | 6.16 billion current LCU | +2.3% |
| 2001 | 7.67 billion current LCU | +24.5% |
| 2002 | 7.66 billion current LCU | -0.1% |
| 2003 | 8.64 billion current LCU | +12.9% |
| 2004 | 10.22 billion current LCU | +18.3% |
| 2005 | 9.39 billion current LCU | -8.1% |
| 2006 | 11.13 billion current LCU | +18.5% |
| 2007 | 12.94 billion current LCU | +16.2% |
| 2008 | 12.11 billion current LCU | -6.4% |
| 2009 | 12.57 billion current LCU | +3.7% |
| 2010 | 10.74 billion current LCU | -14.5% |
| 2011 | 7.98 billion current LCU | -25.7% |
| 2012 | 7.58 billion current LCU | -5.0% |
| 2013 | 6.40 billion current LCU | -15.5% |
| 2014 | 6.68 billion current LCU | +4.3% |
| 2015 | 6.67 billion current LCU | -0.1% |
| 2016 | 6.99 billion current LCU | +4.7% |
| 2017 | 6.94 billion current LCU | -0.7% |
| 2018 | 6.05 billion current LCU | -12.8% |
| 2019 | 6.27 billion current LCU | +3.6% |
| 2020 | 6.54 billion current LCU | +4.4% |
| 2021 | 7.56 billion current LCU | +15.5% |
| 2022 | 8.28 billion current LCU | +9.5% |
| 2023 | 8.75 billion current LCU | +5.7% |
| 2024 | 9.07 billion current LCU | +3.7% |
Greece compared with similar countries
- Greece's 9.07 billion current LCU is below the median for high income countries, which is 14.51 billion current LCU, 63% of the median. (57 countries reporting)
- Greece's 9.07 billion current LCU is below the median for Europe & Central Asia, which is 16.59 billion current LCU, 55% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Goods and services 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 | +570.1% | 2.19 billion current LCU | 14.70 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 131.42 million current LCU | 49.13 million current LCU | 222.63 million current LCU | 6 |
| 1980s | 1.04 billion current LCU | 279.44 million current LCU | 2.21 billion current LCU | 10 |
| 1990s | 8.14 billion current LCU | 2.19 billion current LCU | 15.97 billion current LCU | 6 |
| 2000s | 9.85 billion current LCU | 6.16 billion current LCU | 12.94 billion current LCU | 10 |
| 2010s | 7.23 billion current LCU | 6.05 billion current LCU | 10.74 billion current LCU | 10 |
| 2020s | 8.04 billion current LCU | 6.54 billion current LCU | 9.07 billion current LCU | 5 |
Countries ranked near Greece
More public sector data for Greece
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Frequently asked questions
- What is goods and services expense in Greece?
- Goods and services expense in Greece was 9.07 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Greece?
- The highest recorded value was 15.97 billion current LCU in 1996.
- What is the lowest goods and services expense recorded in Greece?
- The lowest recorded value was 49.13 million current LCU in 1972.
- How does Greece rank for goods and services expense?
- Greece ranks 106th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Greece?
- Over the last ten years it is up 35.8%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.