Interest payments in Greece
Greece: Interest payments was 8.38 billion current LCU in 2024. ◆ Volatile
Latest (2024)
8.38 billion current LCU
Change on year
up 8.5%
World rank
90th
of 155 countries
All-time high
15.53 billion current LCU
in 2011
All-time low
13.79 million current LCU
in 1972
Years of data
47
1972–2024
Interest payments in Greece, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Greece is 8.38 billion current LCU, measured in 2024.
That represents a change of up 8.5% on the previous year and up 14.8% over ten years.
Over the whole period, interest payments in Greece peaked at 15.53 billion current LCU in 2011 and was at its lowest, 13.79 million current LCU, in 1972.
That places Greece 90th out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Greece, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 13.79 million current LCU | — |
| 1973 | 15.99 million current LCU | +16.0% |
| 1974 | 22.89 million current LCU | +43.1% |
| 1975 | 28.50 million current LCU | +24.5% |
| 1976 | 40.65 million current LCU | +42.6% |
| 1977 | 43.70 million current LCU | +7.5% |
| 1978 | 56.55 million current LCU | +29.4% |
| 1979 | 91.18 million current LCU | +61.2% |
| 1980 | 137.14 million current LCU | +50.4% |
| 1981 | 185.03 million current LCU | +34.9% |
| 1982 | 152.25 million current LCU | -17.7% |
| 1983 | 252.79 million current LCU | +66.0% |
| 1984 | 524.17 million current LCU | +107.3% |
| 1985 | 737.32 million current LCU | +40.7% |
| 1986 | 1.01 billion current LCU | +36.3% |
| 1987 | 1.32 billion current LCU | +30.8% |
| 1988 | 1.74 billion current LCU | +32.0% |
| 1989 | 2.12 billion current LCU | +21.9% |
| 1990 | 4.02 billion current LCU | +89.8% |
| 1997 | 9.72 billion current LCU | +141.9% |
| 1998 | 9.78 billion current LCU | +0.6% |
| 1999 | 10.24 billion current LCU | +4.7% |
| 2000 | 9.61 billion current LCU | -6.2% |
| 2001 | 9.59 billion current LCU | -0.3% |
| 2002 | 9.32 billion current LCU | -2.7% |
| 2003 | 9.04 billion current LCU | -3.1% |
| 2004 | 9.48 billion current LCU | +4.9% |
| 2005 | 9.61 billion current LCU | +1.4% |
| 2006 | 9.94 billion current LCU | +3.4% |
| 2007 | 10.81 billion current LCU | +8.8% |
| 2008 | 12.04 billion current LCU | +11.4% |
| 2009 | 12.36 billion current LCU | +2.7% |
| 2010 | 13.71 billion current LCU | +10.9% |
| 2011 | 15.53 billion current LCU | +13.3% |
| 2012 | 10.06 billion current LCU | -35.2% |
| 2013 | 7.54 billion current LCU | -25.0% |
| 2014 | 7.30 billion current LCU | -3.2% |
| 2015 | 6.54 billion current LCU | -10.4% |
| 2016 | 5.91 billion current LCU | -9.7% |
| 2017 | 5.85 billion current LCU | -1.0% |
| 2018 | 6.35 billion current LCU | +8.5% |
| 2019 | 5.75 billion current LCU | -9.4% |
| 2020 | 5.20 billion current LCU | -9.6% |
| 2021 | 4.96 billion current LCU | -4.7% |
| 2022 | 5.44 billion current LCU | +9.7% |
| 2023 | 7.73 billion current LCU | +42.1% |
| 2024 | 8.38 billion current LCU | +8.5% |
Greece compared with similar countries
- Greece's 8.38 billion current LCU is above the median for high income countries, which is 6.90 billion current LCU, 1.2× the median. (55 countries reporting)
- Greece's 8.38 billion current LCU is below the median for Europe & Central Asia, which is 9.50 billion current LCU, 88% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.16 million current LCU | 13.79 million current LCU | 91.18 million current LCU | 8 |
| 1980s | 816.25 million current LCU | 137.14 million current LCU | 2.12 billion current LCU | 10 |
| 1990s | 8.44 billion current LCU | 4.02 billion current LCU | 10.24 billion current LCU | 4 |
| 2000s | 10.18 billion current LCU | 9.04 billion current LCU | 12.36 billion current LCU | 10 |
| 2010s | 8.46 billion current LCU | 5.75 billion current LCU | 15.53 billion current LCU | 10 |
| 2020s | 6.34 billion current LCU | 4.96 billion current LCU | 8.38 billion current LCU | 5 |
Countries ranked near Greece
- 87 Nicaragua 10.90 billion current LCU compare
- 88 Belgium 10.62 billion current LCU compare
- 89 Central African Republic 8.42 billion current LCU compare
- 91 Netherlands 7.78 billion current LCU compare
- 92 Austria 6.94 billion current LCU compare
- 93 New Zealand 6.90 billion current LCU compare
More public sector data for Greece
- Democracy, 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)
- 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 interest payments in Greece?
- Interest payments in Greece was 8.38 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Greece?
- The highest recorded value was 15.53 billion current LCU in 2011.
- What is the lowest interest payments recorded in Greece?
- The lowest recorded value was 13.79 million current LCU in 1972.
- How does Greece rank for interest payments?
- Greece ranks 90th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Greece?
- Over the last ten years it is up 14.8%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.