Interest payments (% of expense) in Greece
Greece: Interest payments (% of expense) was 7.3% in 2023. ▬ Flat
Interest payments in Greece, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Greece is 7.3%, measured in 2023.
Compared with earlier readings it is up 40.6% on the previous year and up 5.3% over ten years.
Over the whole period, interest payments in Greece peaked at 20.9% in 1990 and was at its lowest, 4.2%, in 1982.
That places Greece 75th out of 152 countries with data for 2023, putting it in the middle of the range.
Interest payments (% of expense) in Greece, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 5.8% | — |
| 1973 | 5.2% | -9.7% |
| 1974 | 5.6% | +8.2% |
| 1975 | 5.9% | +5.2% |
| 1976 | 6.3% | +6.0% |
| 1977 | 5.5% | -12.5% |
| 1978 | 5.9% | +6.9% |
| 1979 | 7.7% | +31.1% |
| 1980 | 9.0% | +17.0% |
| 1981 | 9.0% | -0.3% |
| 1982 | 4.2% | -53.1% |
| 1983 | 7.2% | +71.3% |
| 1984 | 10.6% | +46.1% |
| 1985 | 12.0% | +14.1% |
| 1986 | 13.8% | +14.8% |
| 1987 | 14.7% | +6.2% |
| 1988 | 16.0% | +9.2% |
| 1989 | 14.7% | -8.5% |
| 1990 | 20.9% | +42.3% |
| 1997 | 20.0% | -4.2% |
| 1998 | 18.3% | -8.5% |
| 1999 | 18.3% | +0.2% |
| 2000 | 15.9% | -13.3% |
| 2001 | 14.8% | -6.6% |
| 2002 | 13.6% | -8.5% |
| 2003 | 12.0% | -11.5% |
| 2004 | 11.3% | -6.3% |
| 2005 | 11.2% | -0.2% |
| 2006 | 10.8% | -4.3% |
| 2007 | 10.5% | -1.9% |
| 2008 | 10.5% | -0.0% |
| 2009 | 10.2% | -3.7% |
| 2010 | 12.0% | +18.3% |
| 2011 | 13.9% | +16.0% |
| 2012 | 9.4% | -32.3% |
| 2013 | 6.9% | -26.8% |
| 2014 | 8.3% | +20.7% |
| 2015 | 7.1% | -14.3% |
| 2016 | 6.9% | -3.0% |
| 2017 | 6.9% | -0.2% |
| 2018 | 7.3% | +5.8% |
| 2019 | 6.6% | -9.5% |
| 2020 | 5.3% | -19.3% |
| 2021 | 4.9% | -8.4% |
| 2022 | 5.2% | +5.6% |
| 2023 | 7.3% | +40.6% |
Greece compared with similar countries
- Greece's 7.3% is above the median for high income countries, which is 3.3%, 2.2× the median. (54 countries reporting)
- Greece's 7.3% is above the median for Europe & Central Asia, which is 3.3%, 2.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.0% | 5.2% | 7.7% | 8 |
| 1980s | 11.1% | 4.2% | 16.0% | 10 |
| 1990s | 19.4% | 18.3% | 20.9% | 4 |
| 2000s | 12.1% | 10.2% | 15.9% | 10 |
| 2010s | 8.6% | 6.6% | 13.9% | 10 |
| 2020s | 5.7% | 4.9% | 7.3% | 4 |
Countries ranked near Greece
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Frequently asked questions
- What is interest payments in Greece?
- Interest payments in Greece was 7.3% in 2023, 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 20.9% in 1990.
- What is the lowest interest payments recorded in Greece?
- The lowest recorded value was 4.2% in 1982.
- How does Greece rank for interest payments?
- Greece ranks 75th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Greece?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is flat.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.