Interest payments in Greece
Greece: Interest payments was 7.5% in 2024. ◆ Volatile
Interest payments in Greece, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Greece recorded 7.5% for interest payments in 2024.
Compared with earlier readings it is down 0.1% on the previous year and down 17.5% over ten years.
Over the whole period, interest payments in Greece peaked at 35.1% in 1990 and was at its lowest, 4.4%, in 1973.
That places Greece 71st 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 | % of revenue | Change |
|---|---|---|
| 1972 | 4.8% | — |
| 1973 | 4.4% | -7.1% |
| 1974 | 5.4% | +22.4% |
| 1975 | 5.4% | -0.3% |
| 1976 | 5.8% | +6.9% |
| 1977 | 5.2% | -9.3% |
| 1978 | 5.5% | +5.3% |
| 1979 | 7.3% | +31.7% |
| 1980 | 8.9% | +22.5% |
| 1981 | 10.5% | +17.8% |
| 1982 | 6.0% | -43.3% |
| 1983 | 7.2% | +21.3% |
| 1984 | 13.1% | +80.8% |
| 1985 | 15.2% | +16.2% |
| 1986 | 16.3% | +7.6% |
| 1987 | 18.2% | +11.8% |
| 1988 | 21.0% | +15.1% |
| 1989 | 24.1% | +15.0% |
| 1990 | 35.1% | +45.3% |
| 1997 | 22.6% | -35.7% |
| 1998 | 20.1% | -10.8% |
| 1999 | 19.6% | -2.4% |
| 2000 | 16.6% | -15.4% |
| 2001 | 16.1% | -3.2% |
| 2002 | 14.8% | -7.7% |
| 2003 | 13.5% | -9.0% |
| 2004 | 13.1% | -3.3% |
| 2005 | 12.7% | -2.7% |
| 2006 | 12.1% | -5.0% |
| 2007 | 11.9% | -1.1% |
| 2008 | 12.7% | +6.7% |
| 2009 | 13.9% | +9.6% |
| 2010 | 15.3% | +10.0% |
| 2011 | 17.8% | +15.8% |
| 2012 | 11.6% | -34.6% |
| 2013 | 8.8% | -24.1% |
| 2014 | 9.1% | +3.0% |
| 2015 | 8.0% | -12.0% |
| 2016 | 7.0% | -12.3% |
| 2017 | 7.0% | -0.1% |
| 2018 | 7.4% | +6.3% |
| 2019 | 6.7% | -9.8% |
| 2020 | 6.6% | -2.2% |
| 2021 | 5.7% | -13.3% |
| 2022 | 5.4% | -4.2% |
| 2023 | 7.5% | +37.5% |
| 2024 | 7.5% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.5% | 4.4% | 7.3% | 8 |
| 1980s | 14.0% | 6.0% | 24.1% | 10 |
| 1990s | 24.4% | 19.6% | 35.1% | 4 |
| 2000s | 13.7% | 11.9% | 16.6% | 10 |
| 2010s | 9.9% | 6.7% | 17.8% | 10 |
| 2020s | 6.5% | 5.4% | 7.5% | 5 |
Countries ranked near Greece
More public sector data for Greece
- Arms imports 623.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 59.87 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0024 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 54.21 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 623.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 770.96 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0313 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.36 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 3,134 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Greece?
- Interest payments in Greece was 7.5% 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 35.1% in 1990.
- What is the lowest interest payments recorded in Greece?
- The lowest recorded value was 4.4% in 1973.
- How does Greece rank for interest payments?
- Greece ranks 71st out of 155 countries with data for 2024.
- Is interest payments rising or falling in Greece?
- Over the last ten years it is down 17.5%. 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 (% of revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.