Net lending (+) / net borrowing (-) in Greece
Greece: Net lending (+) / net borrowing (-) was 2.88 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) 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 net lending (+) / net borrowing (-) in Greece is 2.88 billion current LCU, measured in 2024. That is the highest value across all 49 years on record.
The figure is up 209.2% on the previous year and up 140.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Greece peaked at 2.88 billion current LCU in 2024 and was at its lowest, -36.10 billion current LCU, in 2009.
Greece ranks 24th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Greece, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | -18.96 million current LCU | — |
| 1973 | -38.09 million current LCU | +100.9% |
| 1974 | -68.94 million current LCU | +81.0% |
| 1975 | -74.72 million current LCU | +8.4% |
| 1976 | -96.32 million current LCU | +28.9% |
| 1977 | -137.02 million current LCU | +42.3% |
| 1978 | -139.40 million current LCU | +1.7% |
| 1979 | -158.24 million current LCU | +13.5% |
| 1980 | -237.68 million current LCU | +50.2% |
| 1981 | -643.26 million current LCU | +170.6% |
| 1982 | -1.39 billion current LCU | +116.6% |
| 1983 | -464.48 million current LCU | -66.7% |
| 1984 | -1.56 billion current LCU | +235.3% |
| 1985 | -1.94 billion current LCU | +24.9% |
| 1986 | -1.78 billion current LCU | -8.6% |
| 1987 | -2.47 billion current LCU | +38.9% |
| 1988 | -3.38 billion current LCU | +37.0% |
| 1989 | -6.82 billion current LCU | +101.6% |
| 1990 | -8.95 billion current LCU | +31.3% |
| 1995 | -9.10 billion current LCU | +1.6% |
| 1996 | -8.46 billion current LCU | -7.0% |
| 1997 | -6.94 billion current LCU | -17.9% |
| 1998 | -7.73 billion current LCU | +11.3% |
| 1999 | -7.89 billion current LCU | +2.1% |
| 2000 | -5.72 billion current LCU | -27.5% |
| 2001 | -8.55 billion current LCU | +49.5% |
| 2002 | -9.82 billion current LCU | +14.8% |
| 2003 | -14.10 billion current LCU | +43.6% |
| 2004 | -16.84 billion current LCU | +19.4% |
| 2005 | -12.40 billion current LCU | -26.4% |
| 2006 | -12.88 billion current LCU | +3.9% |
| 2007 | -15.58 billion current LCU | +20.9% |
| 2008 | -24.51 billion current LCU | +57.3% |
| 2009 | -36.10 billion current LCU | +47.3% |
| 2010 | -24.87 billion current LCU | -31.1% |
| 2011 | -21.85 billion current LCU | -12.2% |
| 2012 | -17.93 billion current LCU | -17.9% |
| 2013 | -24.98 billion current LCU | +39.3% |
| 2014 | -7.17 billion current LCU | -71.3% |
| 2015 | -10.85 billion current LCU | +51.2% |
| 2016 | -185.00 million current LCU | -98.3% |
| 2017 | 636.00 million current LCU | -443.8% |
| 2018 | 964.00 million current LCU | +51.6% |
| 2019 | 1.46 billion current LCU | +51.5% |
| 2020 | -16.13 billion current LCU | -1204.5% |
| 2021 | -13.20 billion current LCU | -18.1% |
| 2022 | -4.97 billion current LCU | -62.3% |
| 2023 | -2.64 billion current LCU | -47.0% |
| 2024 | 2.88 billion current LCU | -209.2% |
Greece compared with similar countries
- Greece's 2.88 billion current LCU is above the median for high income countries, which is -2.76 billion current LCU. (57 countries reporting)
- Greece's 2.88 billion current LCU is above the median for Europe & Central Asia, which is -6.97 billion current LCU. (48 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) 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 |
|---|---|---|---|
| 2020 | -1204.5% | 1.46 billion current LCU | -16.13 billion current LCU |
| 2017 | +443.8% | -185.00 million current LCU | 636.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -91.46 million current LCU | -158.24 million current LCU | -18.96 million current LCU | 8 |
| 1980s | -2.07 billion current LCU | -6.82 billion current LCU | -237.68 million current LCU | 10 |
| 1990s | -8.18 billion current LCU | -9.10 billion current LCU | -6.94 billion current LCU | 6 |
| 2000s | -15.65 billion current LCU | -36.10 billion current LCU | -5.72 billion current LCU | 10 |
| 2010s | -10.48 billion current LCU | -24.98 billion current LCU | 1.46 billion current LCU | 10 |
| 2020s | -6.81 billion current LCU | -16.13 billion current LCU | 2.88 billion current LCU | 5 |
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Frequently asked questions
- What is net lending (+) / net borrowing (-) in Greece?
- Net lending (+) / net borrowing (-) in Greece was 2.88 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Greece?
- The highest recorded value was 2.88 billion current LCU in 2024.
- What is the lowest net lending (+) / net borrowing (-) recorded in Greece?
- The lowest recorded value was -36.10 billion current LCU in 2009.
- How does Greece rank for net lending (+) / net borrowing (-)?
- Greece ranks 24th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Greece?
- Over the last ten years it is up 140.2%. 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.