Greece’s GDP grew by 2.1% in 2025, according to preliminary data released by ELSTAT, the Hellenic Statistical Authority.
Quarterly Performance
In the fourth quarter of 2025, GDP rose by 2.4% year-on-year — compared to the same period in 2024 — and increased by 0.8% quarter-on-quarter relative to the third quarter of 2025.
Based on the first estimate for 2025, Greece’s GDP in volume terms reached €204.4 billion, up from €200.3 billion in 2024 — a 2.1% increase.
Drivers of Growth
The annual 2.4% GDP growth in Q4 2025 was driven by several key components:
- Total final consumption expenditure rose by 1.6%.
- Private investment (gross fixed capital formation) surged by 14%.
- Exports of goods and services increased by 2.7% — with goods exports up 7.1%, while services exports fell 1.1%.
- Imports of goods and services rose by 1.1% — goods imports climbed 0.6%, and services imports rose 1.3%.
Quarter-on-Quarter Shifts
Compared to the previous quarter (Q3 2025), the following changes were recorded:
- Total final consumption expenditure rose by 0.4%.
- Gross fixed capital formation increased by 4.3%.
- Exports of goods and services rose by 1.0% — goods exports up 3.0%, services exports down 0.3%.
- Imports of goods and services jumped 3.7% — goods imports up 4.6%, services imports up 1.1%.
This preliminary GDP estimate is based on the sum of seasonally adjusted quarterly results for 2025, incorporating updated source data as reflected in ELSTAT’s national accounts.