Education Spending: Greece
Greece's education spending is currently 3.375 % of GDP as of 2022. # Greece Education Spending Greece allocated 3.
Current (2022)
3.375 % of GDP
-5.0% y/y
Peak (2005)
4.055 % of GDP
Low (1973)
1.128 % of GDP
Source
World Bank World Development Indicators
1970–2022 · 31 pts
Education Spending — Greece
1970 — 2022
Education Spending — Greece
Analysis# Greece Education Spending
Greece allocated 3.375% of its GDP to education in 2022, representing a moderate commitment to the sector. This figure sits notably below the country's all-time peak of 4.055% in 2005, yet vastly exceeds the 1.128% low recorded in 1973. Overall, education spending has grown 115.2% since 1970, demonstrating a sustained expansion in Greece's educational investment over five decades.
The early 2000s marked Greece's highest education spending period, with spending climbing steadily from 3.473% in 2001 to the 4.055% peak in 2005. Since then, spending has gradually declined, fluctuating between 3.4% and 3.7% through the 2010s and 2020s. The 2022 figure of 3.375% suggests continued contraction, potentially reflecting fiscal pressures or shifting budget priorities in recent years.
Historical Data
31 Rows| Year | Value | Change % |
|---|---|---|
| 2022 | 3.375 % of GDP | -4.96% |
| 2019 | 3.551 % of GDP | -0.70% |
| 2018 | 3.576 % of GDP | +3.11% |
| 2017 | 3.468 % of GDP | -5.81% |
| 2015 | 3.682 % of GDP | -9.20% |
| 2005 | 4.055 % of GDP | +7.82% |
| 2004 | 3.761 % of GDP | +6.73% |
| 2003 | 3.524 % of GDP | +0.03% |
| 2002 | 3.523 % of GDP | +1.44% |
| 2001 | 3.473 % of GDP | +3.64% |
| 2000 | 3.351 % of GDP | +6.45% |
| 1999 | 3.148 % of GDP | +5.21% |
| 1998 | 2.992 % of GDP | +52.50% |
| 1991 | 1.962 % of GDP | -5.45% |
| 1990 | 2.075 % of GDP | +1.52% |
| 1989 | 2.044 % of GDP | +7.86% |
| 1988 | 1.895 % of GDP | +1.88% |
| 1987 | 1.86 % of GDP | +0.05% |
| 1986 | 1.859 % of GDP | +1.25% |
| 1984 | 1.836 % of GDP | +7.24% |
Show all 31 rows
| Year | Value | Change % |
|---|---|---|
| 1983 | 1.712 % of GDP | +0.06% |
| 1982 | 1.711 % of GDP | -0.35% |
| 1981 | 1.717 % of GDP | +0.47% |
| 1978 | 1.709 % of GDP | +12.81% |
| 1977 | 1.515 % of GDP | +3.13% |
| 1976 | 1.469 % of GDP | -0.81% |
| 1975 | 1.481 % of GDP | +9.30% |
| 1974 | 1.355 % of GDP | +20.12% |
| 1973 | 1.128 % of GDP | -14.61% |
| 1971 | 1.321 % of GDP | -15.75% |
| 1970 | 1.568 % of GDP | — |
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