Subsidies and other transfers (current LCU) in Greece
Greece: Subsidies and other transfers (current LCU) was 57.89 billion current LCU in 2024. ▲ Rising
Subsidies and other transfers in Greece, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Greece is 57.89 billion current LCU, measured in 2024.
The figure is up 22.8% over ten years.
Over the whole period, subsidies and other transfers in Greece peaked at 61.75 billion current LCU in 2022 and was at its lowest, 15.28 billion current LCU, in 1995.
That places Greece 87th out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Subsidies and other transfers (current LCU) in Greece, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 15.28 billion current LCU | — |
| 1996 | 17.45 billion current LCU | +14.2% |
| 1997 | 19.65 billion current LCU | +12.6% |
| 1998 | 22.07 billion current LCU | +12.4% |
| 1999 | 22.79 billion current LCU | +3.2% |
| 2000 | 25.47 billion current LCU | +11.8% |
| 2001 | 27.89 billion current LCU | +9.5% |
| 2002 | 29.74 billion current LCU | +6.7% |
| 2003 | 33.45 billion current LCU | +12.5% |
| 2004 | 35.59 billion current LCU | +6.4% |
| 2005 | 38.65 billion current LCU | +8.6% |
| 2006 | 43.17 billion current LCU | +11.7% |
| 2007 | 48.37 billion current LCU | +12.0% |
| 2008 | 54.54 billion current LCU | +12.8% |
| 2009 | 58.73 billion current LCU | +7.7% |
| 2010 | 55.67 billion current LCU | -5.2% |
| 2011 | 55.56 billion current LCU | -0.2% |
| 2012 | 52.84 billion current LCU | -4.9% |
| 2013 | 48.25 billion current LCU | -8.7% |
| 2014 | 47.13 billion current LCU | -2.3% |
| 2015 | 47.33 billion current LCU | +0.4% |
| 2016 | 47.01 billion current LCU | -0.7% |
| 2017 | 46.12 billion current LCU | -1.9% |
| 2018 | 46.43 billion current LCU | +0.7% |
| 2019 | 47.33 billion current LCU | +1.9% |
| 2020 | 51.90 billion current LCU | +9.6% |
| 2021 | 56.66 billion current LCU | +9.2% |
| 2022 | 61.75 billion current LCU | +9.0% |
| 2023 | 57.87 billion current LCU | -6.3% |
| 2024 | 57.89 billion current LCU | +0.0% |
Greece compared with similar countries
- Greece's 57.89 billion current LCU is below the median for high income countries, which is 61.98 billion current LCU, 93% of the median. (57 countries reporting)
- Greece's 57.89 billion current LCU is below the median for Europe & Central Asia, which is 139.03 billion current LCU, 42% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.45 billion current LCU | 15.28 billion current LCU | 22.79 billion current LCU | 5 |
| 2000s | 39.56 billion current LCU | 25.47 billion current LCU | 58.73 billion current LCU | 10 |
| 2010s | 49.37 billion current LCU | 46.12 billion current LCU | 55.67 billion current LCU | 10 |
| 2020s | 57.21 billion current LCU | 51.90 billion current LCU | 61.75 billion current LCU | 5 |
Countries ranked near Greece
More public sector data for Greece
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 574.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is subsidies and other transfers in Greece?
- Subsidies and other transfers in Greece was 57.89 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Greece?
- The highest recorded value was 61.75 billion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in Greece?
- The lowest recorded value was 15.28 billion current LCU in 1995.
- How does Greece rank for subsidies and other transfers?
- Greece ranks 87th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Greece?
- Over the last ten years it is up 22.8%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.