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Economy of Greece vs Kiribati compared: GDP & Debt

Updated on by Georank team

Greece has a GDP of $256B compared to $308M for Kiribati, ranking 53/197 and 192/197 by economy size, respectively.

Greece has $397B in government debt (154.8% of GDP), compared to $30.5M (9.92% of GDP) in Kiribati.

Greece vs Kiribati GDP by year

Greece
Kiribati
1x
Year GDP, current $
Greece Kiribati
2024 $256,238,371,778 $307,862,564
2023 $242,946,187,738 $288,610,748
2022 $217,990,189,601 $270,040,453
2021 $218,303,801,895 $285,259,881
2020 $191,362,985,555 $220,898,020
2019 $207,305,649,887 $216,985,388
2018 $213,298,873,494 $233,514,717
2017 $200,381,103,984 $222,875,736
2016 $193,097,239,006 $206,467,819
2015 $194,567,373,678 $191,559,399
2014 $233,911,581,521 $200,287,282
2013 $236,556,279,641 $201,730,861
2012 $238,841,140,018 $207,001,546
2011 $283,228,079,776 $195,970,140
2010 $296,417,644,404 $165,458,433
2009 $326,829,054,686 $140,177,384
2008 $351,121,399,546 $147,017,895
2007 $314,226,996,944 $138,054,946
2006 $269,073,415,334 $112,338,353
2005 $242,315,668,619 $113,895,437
2004 $234,979,615,898 $104,085,892
2003 $196,930,509,813 $96,105,619
2002 $150,253,800,086 $74,743,869
2001 $132,050,474,720 $64,935,850
2000 $125,760,166,225 $74,910,527
1999 $137,131,371,955 $77,323,978
1998 $139,612,812,176 $74,905,706
1997 $138,766,067,640 $80,205,807
1996 $142,502,984,145 $81,456,854
1995 $134,974,613,914 $68,596,395
1994 $114,980,063,202 $67,055,334
1993 $107,295,704,518 $58,953,596
1992 $114,608,178,405 $61,491,369
1991 $103,680,863,713 $41,247,792
1990 $96,529,587,274 $36,534,295
1989 $78,067,933,277 $37,645,319
1988 $75,200,610,137 $38,278,810
1987 $64,739,630,096 $29,554,413
1986 $55,595,445,472 $25,993,009
1985 $47,155,741,426 $26,126,615
1984 $47,352,146,312 $34,394,167
1983 $48,741,397,059 $31,000,546
1982 $53,858,346,939 $32,742,713
1981 $51,618,456,335 $35,267,489
1980 $56,039,256,595 $33,157,723
1979 $53,724,121,435 $34,466,197
1978 $43,654,480,519 $36,563,965
1977 $35,673,080,481 $31,335,459
1976 $30,719,552,239 $33,246,817
1975 $28,129,128,587 $44,547,454
1974 $24,998,715,909 $69,256,489
1973 $22,037,019,563 $25,645,040
1972 $16,650,659,091 $15,314,346
1971 $14,388,806,818 $12,356,134
1970 $12,957,113,636 $11,560,877
1969 $11,454,106,327 -
1968 $9,950,331,206 -
1967 $9,146,592,856 -
1966 $8,472,021,467 -
1965 $7,582,209,670 -
1964 $6,576,906,345 -
1963 $5,813,285,627 -
1962 $5,140,542,929 -
1961 $4,892,397,431 -
1960 $4,274,890,307 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/kiribati | CC BY

GDP per capita in Greece vs Kiribati by year

Greece
GDP per capita

GDP per capita, PPP
Kiribati
GDP per capita

GDP per capita, PPP
1x
Year Current $
Greece Kiribati
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $24,626 $44,327 $2,289 $3,702
2023 $23,344 $42,711 $2,178 $3,486
2022 $20,887 $39,612 $2,070 $3,329
2021 $20,655 $33,531 $2,222 $3,020
2020 $17,887 $29,533 $1,752 $2,711
2019 $19,335 $31,927 $1,751 $2,763
2018 $19,873 $29,792 $1,913 $2,672
2017 $18,632 $28,682 $1,853 $2,562
2016 $17,919 $27,505 $1,743 $2,463
2015 $17,981 $26,608 $1,640 $2,311
2014 $21,475 $26,450 $1,737 $2,084
2013 $21,573 $25,731 $1,772 $2,049
2012 $21,624 $24,583 $1,844 $1,896
2011 $25,505 $25,693 $1,771 $1,786
2010 $26,653 $27,839 $1,522 $1,724
2009 $29,425 $29,963 $1,317 $1,718
2008 $31,696 $30,441 $1,411 $1,735
2007 $28,441 $28,896 $1,353 $1,792
2006 $24,416 $28,076 $1,123 $1,728
2005 $22,054 $25,004 $1,162 $1,617
2004 $21,449 $24,826 $1,083 $1,579
2003 $18,021 $23,253 $1,021 $1,578
2002 $13,782 $21,985 $810 $1,605
2001 $12,157 $20,304 $719 $1,591
2000 $11,638 $18,820 $845 $1,638
1999 $12,743 $17,758 $887 $1,526
1998 $13,023 $17,434 $874 $1,593
1997 $13,016 $16,630 $953 $1,535
1996 $13,433 $15,778 $986 $1,519
1995 $12,779 $15,218 $844 $1,518
1994 $10,937 $14,667 $838 $1,469
1993 $10,257 $14,150 $748 $1,431
1992 $11,021 $14,130 $792 $1,421
1991 $10,047 $13,824 $540 $1,139
1990 $9,467 $13,126 $488 $1,192
1989 $7,738 - $515 -
1988 $7,492 - $536 -
1987 $6,474 - $424 -
1986 $5,578 - $382 -
1985 $4,747 - $393 -
1984 $4,785 - $527 -
1983 $4,950 - $483 -
1982 $5,502 - $519 -
1981 $5,305 - $568 -
1980 $5,812 - $542 -
1979 $5,627 - $573 -
1978 $4,629 - $611 -
1977 $3,832 - $520 -
1976 $3,343 - $548 -
1975 $3,109 - $730 -
1974 $2,789 - $1,131 -
1973 $2,468 - $422 -
1972 $1,873 - $256.2 -
1971 $1,629 - $210.7 -
1970 $1,474 - $201 -
1969 $1,306 - - -
1968 $1,138 - - -
1967 $1,053 - - -
1966 $984 - - -
1965 $887 - - -
1964 $773 - - -
1963 $686 - - -
1962 $608 - - -
1961 $583 - - -
1960 $513 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/kiribati | CC BY

Greece's GDP per capita is $24,626, ranking 49/197, compared to $2,289 in Kiribati, ranking 152/197. Adjusted for purchasing power (GDP per capita PPP), Greece ranks 52nd at $44,327, while Kiribati ranks 169th at $3,702.

Economic indicators

Greece Kiribati
Gross domestic product
$256B
2024
$308M
2024
GDP rank
53/197
2024
192/197
2024
GDP growth
2.09%
2023-2024
5.27%
2023-2024
GDP per capita
$24,626
2024
$2,289
2024
GDP per capita rank
49/197
2024
152/197
2024
GDP per capita, PPP
$44,327
2024
$3,702
2024
GDP per capita PPP rank
52/197
2024
169/197
2024
Government debt
$397B
2024
$30.5M
2024
Debt-to-GDP ratio
154.8%
2024
9.92%
2024
Government debt per person
$38,119
2024
$226.9
2024
Government debt per person rank
16/185
2024
181/185
2024
Average annual personal income after taxes
$14,396
2026
$1,967
2026
Market capitalization of domestic companies
$83.2B
2024
n/a
Number of billionaires
16
2025
n/a
Income share by richest 10%
26%
2023
22.8%
2019
Income share by poorest 10%
2.7%
2023
4%
2019
Government expenditure, % of GDP
48%
2024
98.1%
2024
Consumer prices inflation
2.74%
2023-2024
2.5%
2023-2024
Unemployment rate
10%
2024
2.79%
2023
Population
10181414
139020

Spending and national debt comparison by year

Greece
Spending

Debt
Kiribati
Spending

Debt
1x
Year % of GDP
Greece Kiribati
Government spending Government debt Government spending Government debt
2024 48% 154.8% 98.1% 9.92%
2023 49.5% 165.2% 95.3% 11.4%
2022 52.8% 178.4% 87.5% 16.3%
2021 56.7% 197.8% 84% 17.3%
2020 59.3% 209.9% 102.2% 21%
2019 47.6% 183.7% 108.3% 19%
2018 48.6% 189.6% 108.8% 19%
2017 48.5% 182.6% 92.1% 20.2%
2016 50.3% 183.7% 99% 21.2%
2015 51.9% 180% 90.9% 18.8%
2014 51.5% 182.8% 101.2% 8.97%
2013 53% 180.5% 78% 8.86%
2012 54.9% 164.3% 83.9% 8.13%
2011 55.1% 175.1% 80.9% 8.8%
2010 53.1% 147.8% 75.7% 9.43%
2009 54.8% 128.5% 74.7% 10.3%
2008 51.5% 110.9% 79.4% 13.9%
2007 47.8% 104.6% 77.3% 11.1%
2006 45.9% 105.3% 82.1% 12.9%
2005 46.6% 109.9% 95.6% 12.1%
2004 48.8% 105.5% 103.8% 13.6%
2003 47.9% 104.3% 84.4% 12.3%
2002 47.1% 107.9% 96.9% 13.3%
2001 47.5% 110.5% 101.3% 17%
2000 48.2% 108.9% 66% 12.7%
1999 48% 102.8% 77.6% 11.8%
1998 46.7% 100.8% 74.7% 9.81%
1997 45.1% 102.6% 70.9% 10.7%
1996 46.1% 103.7% 68.4% 11%
1995 46.6% 100.4% 69.6% 12.3%
1994 36.9% 99.7% 54.6% 12.3%
1993 38.6% 101.7% 55.3% 10.9%
1992 36.9% 81.1% 65.9% 7.31%
1991 35.2% 75.7% 82.1% 8.43%
1990 38.5% 74.2% 105.5% 7.72%
1989 34.8% 60.7% - -
1988 33.8% 57.9% - -
1987 34% 53.2% - -
1986 33.8% 47.8% - -
1985 34.2% 47.3% - -
1984 32% 40.6% - -
1983 30.2% 34.1% - -
1982 28.7% 29.7% - -
1981 28.1% 27.1% - -
1980 24.5% 22.8% - -
1979 24.1% 22.7% - -
1978 30.1% 32.3% - -
1977 30.1% 24.5% - -
1976 29.1% 23.7% - -
1975 28.7% 24.1% - -
1974 25.3% 22.5% - -
1973 24.3% 22% - -
1972 26.8% 26.5% - -
1971 25.8% 25% - -
1970 25.2% 24.7% - -
1969 29.7% 25.8% - -
1968 26.3% 23% - -
1967 24.6% 21.1% - -
1966 22.8% 19% - -
1965 21.7% 16.5% - -
1964 20.4% 21.3% - -
1963 19.5% 22.6% - -
1962 19.7% 16.6% - -
1961 19.3% 14.4% - -
1960 20% 13.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/greece/kiribati | CC BY

In 2024, Greece's government spending was $123B, accounting for 48% of its GDP, while Kiribati spent $302M, or 98.1% of GDP.

Debt-to-GDP ratio is 154.8% in Greece and 9.92% in Kiribati, ranking 7/185 and 180/185, respectively.

Government deficit by year

Deficit/surplus
Greece

Kiribati
1x
Year Deficit/surplus, % of GDP
Greece Kiribati
2024 1.34% -22%
2023 -1.35% 0.13%
2022 -2.46% -18.3%
2021 -7.58% -10.8%
2020 -10.3% 3.57%
2019 -0.09% 10.8%
2018 0.78% 5.18%
2017 1.05% 34.1%
2016 0.28% 20.1%
2015 -3.03% 42.5%
2014 -4.29% 35%
2013 -4.06% 11.8%
2012 -6.94% -5.43%
2011 -10.5% -17.6%
2010 -11.4% -7.8%
2009 -15.4% -8.56%
2008 -10.3% -15.8%
2007 -6.81% -12.5%
2006 -6.04% -12.3%
2005 -6.33% -9.96%
2004 -9.05% -19.2%
2003 -8.05% -8.93%
2002 -6.2% 3.13%
2001 -5.64% -10.9%
2000 -4.21% -0.03%
1999 -6.02% -1.81%
1998 -6.48% 14.6%
1997 -6.25% 5.92%
1996 -8.35% -20.2%
1995 -9.87% -5.14%
1994 -8.48% 0.74%
1993 -11.5% 6.27%
1992 -10.6% 0.79%
1991 -9.63% 3.87%
1990 -13.3% -4.62%
1989 -11.9% -
1988 -9.63% -
1987 -8.09% -
1986 -8.62% -
1985 -9.56% -
1984 -7.19% -
1983 -6.17% -
1982 -5.49% -
1981 -7.08% -
1980 -2.5% -
1979 -2.34% -
1978 -5.39% -
1977 -5.21% -
1976 -5.05% -
1975 -5.3% -
1974 -4.39% -
1973 -3.71% -
1972 -4.16% -
1971 -3.32% -
1970 -3.24% -
1969 -6.65% -
1968 -3.39% -
1967 -2.59% -
1966 -2.17% -
1965 -2.55% -
1964 -2.89% -
1963 -2.25% -
1962 -2.4% -
1961 -2.69% -
1960 -3.3% -
1959 -2.77% -
1958 -2.27% -
1957 -2.45% -
1956 -0.39% -
1955 -3.57% -
1954 -2.87% -
1953 -3.01% -
1952 -7.21% -
1951 -11.5% -
1950 -12.7% -
1949 -10.4% -
1948 -7.65% -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 0.48% -
1938 1.78% -
1937 1.06% -
1936 0.95% -
1935 0.72% -
1934 0.88% -
1933 -2.79% -
1932 -1.78% -
1931 -4% -
1930 -2.23% -
1929 -18.7% -
1928 -0.27% -
1927 2.65% -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -8.96% -
1912 -7.43% -
1911 -4.61% -
1910 -1.53% -
1909 -2.64% -
1908 -1.54% -
1907 -1.23% -
1906 0.66% -
1905 0.91% -
1904 -0.04% -
1903 -0.22% -
1902 -1.67% -
1901 0.1% -
1900 0.41% -
1899 0.86% -
1898 -34.5% -
1897 -8.46% -
1896 0.82% -
1895 0.37% -
1894 2.91% -
1893 0.14% -
1892 -2.28% -
1891 -6.48% -
1890 -11.2% -
1889 -15.7% -
1888 -3.59% -
1887 -4.88% -
1886 -11.5% -
1885 -12.1% -
1884 -7.16% -
1883 -2.42% -
1882 -1.69% -
1881 -14.5% -
1880 -13.5% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/greece/kiribati | CC BY

In 2024, Greece's government surplus, the difference between spending and revenue, was $3.43B, equivalent to 1.34% of GDP. This compares to Kiribati's deficit of $67.7M, or 22% of GDP.

Over the past 35 years, Greece recorded a fiscal deficit in 31 of those years, while Kiribati ran a deficit in 19 years. On average, Greece posted an annual deficit equal to 6.49% of GDP, compared to deficit of 0.38% of GDP for Kiribati.

Inflation comparison by year

Inflation
Greece

Kiribati
1x
Year Consumer prices inflation
Greece Kiribati
2024 2.74% 2.5%
2023 3.46% 9.3%
2022 9.65% 5.3%
2021 1.22% 2.1%
2020 -1.25% 2.6%
2019 0.25% -1.8%
2018 0.63% 0.6%
2017 1.12% 0.4%
2016 -0.83% 1.9%
2015 -1.74% 0.6%
2014 -1.31% 2.1%
2013 -0.92% -1.5%
2012 1.5% -3%
2011 3.33% 1.5%
2010 4.71% -3.9%
2009 1.21% 9.8%
2008 4.15% 13.7%
2007 2.9% 3.6%
2006 3.2% -1%
2005 3.55% -0.4%
2004 2.9% -0.7%
2003 3.53% 1.6%
2002 3.63% 3.2%
2001 3.37% 6%
2000 3.15% 0.4%
1999 2.64% 1.8%
1998 4.77% 3.7%
1997 5.54% 2.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/kiribati | CC BY

Over the past 28 years, Greece has recorded an average annual inflation rate of 2.4%, compared with 2.25% in Kiribati. In 2024, inflation was 2.74% in Greece and 2.5% in Kiribati.

Balance of trade

Greece Kiribati
Current account balance
-$18.2B
2024
-$59.5M
2024
Current account balance ranking
182/190
2024
85/190
2024
Current account balance, % of GDP
-7.11%
2024
-19.3%
2024
Goods imports
$91.2B
2024
$227M
2024
Goods exports
$52.6B
2024
$8.49M
2024
Service imports
$31.1B
2024
$108M
2024
Service exports
$55.8B
2024
$7M
2024
Imports of goods and services, % of GDP
47.7%
2024
94.9%
2024
Exports of goods and services, % of GDP
42.1%
2024
6.27%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Greece Kiribati
Economic freedom 63.2 50.8
Economic freedom ranking 82/197 158/197
Property rights 78 69.6
Government integrity 54.8 50.5
Judicial effectiveness 68 54.6
Tax burden 59.9 72.6
Government spending 24.7 0
Fiscal health 78.9 19.8
Business freedom 77.8 60.2
Labor freedom 59.7 65.3
Monetary freedom 72.6 76.7
Trade freedom 79.4 80
Investment freedom 55 30
Financial freedom 50 30

Economic freedom comparison by year

Greece
Kiribati
1x
Year Economic freedom index
Greece Kiribati
2026 63.2 50.8
2025 60.6 50.9
2024 55.1 51.3
2023 56.9 58.8
2022 61.5 59.2
2021 60.9 44.4
2020 59.9 45.2
2019 57.7 47.3
2018 57.3 50.8
2017 55 50.9
2016 53.2 46.2
2015 54 46.4
2014 55.7 46.3
2013 55.4 45.9
2012 55.4 46.9
2011 60.3 44.8
2010 62.7 43.7
2009 60.8 45.7
2008 60.6 -
2007 58.7 -
2006 60.1 -
2005 59 -
2004 59.1 -
2003 58.8 -
2002 59.1 -
2001 63.4 -
2000 61 -
1999 61 -
1998 60.6 -
1997 59.6 -
1996 60.5 -
1995 61.2 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/greece/kiribati | CC BY

The Economic Freedom Index for Greece is 63.2, ranking 82/197, compared to 50.8 for Kiribati, ranking 158/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Greece Kiribati
Services, % of GDP
68%
2024
67.1%
2023
Industry, % of GDP
15%
2024
11.5%
2023
Agriculture, forestry, and fishing, % of GDP
3.77%
2024
27.2%
2023
GNI, Atlas method
$236B
2024
$493M
2024
GNI per capita, PPP
$43,340
2024
$6,060
2024
Total reserves including gold
$15.2B
2024
n/a
Total reserves ranking
67/177
2024
n/a
Net foreign direct investment
-$4.52B
2024
-$8.06M
2024
Net inflows of foreign direct investment
$6.74B
2024
$8.07M
2024
Net outflows of foreign direct investment
$2.22B
2024
$16.4K
2024
Poverty at national poverty lines
18.8%
2021
5.5%
2023
Gross capital formation, % of GDP
18.3%
2024
25.8%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/greece/kiribati | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.