National Debt (% of GDP): Greece

Analysis# Greece National Debt (% of GDP) Greece's national debt stands at 141.9% of GDP in 2026, down significantly from its all-time peak of 209.9% in 2020 but substantially elevated above the 22.8% recorded in 1980. Over the past 46 years, Greece's debt burden has increased by 522.4%, reflecting decades of fiscal challenges and economic crises that reshaped the country's financial position. The trajectory since 2020 reveals a consistent downward trend, with debt declining from 209.9% to 141.9% over six years. This improvement follows the sharp spike during the COVID-19 pandemic and reflects Greece's recovery efforts and fiscal consolidation measures. If current momentum continues, projections suggest further decline toward 140% by 2027, though Greece's debt-to-GDP ratio remains among Europe's highest and significantly above pre-crisis levels of the early 2000s.