Skip to content

Economy of Greece vs Slovakia compared: GDP & Debt

Updated on by Georank

Greece has a GDP of $281B compared to $155B for Slovakia, ranking 52/197 and 60/197 by economy size, respectively.

Greece has $409B in government debt (145.7% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Greece vs Slovakia GDP by year

Greece
Slovakia
1x
Year GDP, current $
Greece Slovakia
2025 $280,635,521,324 $154,530,066,507
2024 $256,238,371,778 $140,934,076,532
2023 $242,946,187,738 $133,578,518,424
2022 $217,990,189,601 $115,792,972,358
2021 $218,303,801,895 $120,511,265,913
2020 $191,362,985,555 $107,732,602,896
2019 $207,305,649,887 $105,843,498,304
2018 $213,298,873,494 $106,611,673,365
2017 $200,381,103,984 $95,978,130,735
2016 $193,097,239,006 $90,347,173,229
2015 $194,567,373,678 $89,178,548,717
2014 $233,911,581,521 $101,713,075,599
2013 $236,556,279,641 $99,134,277,850
2012 $238,841,140,018 $94,724,394,278
2011 $283,228,079,776 $99,705,104,723
2010 $296,417,644,404 $91,112,160,801
2009 $326,829,054,686 $89,342,984,698
2008 $351,121,399,546 $96,685,492,864
2007 $314,226,996,944 $77,019,443,089
2006 $269,073,415,334 $57,111,148,619
2005 $242,315,668,619 $48,823,790,951
2004 $234,979,615,898 $42,960,730,480
2003 $196,930,509,813 $33,761,723,946
2002 $150,253,800,086 $24,768,142,566
2001 $132,050,474,720 $21,377,597,035
2000 $125,760,166,225 $20,626,538,612
1999 $137,131,371,955 $20,813,421,086
1998 $139,612,812,176 $22,911,708,405
1997 $138,766,067,640 $22,026,728,498
1996 $142,502,984,145 $21,864,845,214
1995 $134,974,613,914 $20,306,095,054
1994 $114,980,063,202 $16,187,735,322
1993 $107,295,704,518 $13,991,963,247
1992 $114,608,178,405 $12,932,972,789
1991 $103,680,863,713 $11,952,983,608
1990 $96,529,587,274 $17,068,924,602
1989 $78,067,933,277 -
1988 $75,200,610,137 -
1987 $64,739,630,096 -
1986 $55,595,445,472 -
1985 $47,155,741,426 -
1984 $47,352,146,312 -
1983 $48,741,397,059 -
1982 $53,858,346,939 -
1981 $51,618,456,335 -
1980 $56,039,256,595 -
1979 $53,724,121,435 -
1978 $43,654,480,519 -
1977 $35,673,080,481 -
1976 $30,719,552,239 -
1975 $28,129,128,587 -
1974 $24,998,715,909 -
1973 $22,037,019,563 -
1972 $16,650,659,091 -
1971 $14,388,806,818 -
1970 $12,957,113,636 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Greece vs Slovakia by year

Greece
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Greece Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $26,948 - $28,544 -
2024 $24,626 $44,327 $25,993 $48,132
2023 $23,344 $42,711 $24,615 $45,974
2022 $20,885 $39,612 $21,318 $41,562
2021 $20,653 $33,531 $22,123 $38,346
2020 $17,887 $29,533 $19,735 $35,328
2019 $19,335 $31,927 $19,406 $33,986
2018 $19,873 $29,792 $19,573 $31,510
2017 $18,632 $28,682 $17,646 $30,246
2016 $17,919 $27,505 $16,636 $29,868
2015 $17,981 $26,608 $16,442 $30,148
2014 $21,475 $26,450 $18,771 $29,108
2013 $21,573 $25,731 $18,313 $28,075
2012 $21,624 $24,583 $17,517 $27,023
2011 $25,505 $25,693 $18,469 $26,202
2010 $26,653 $27,839 $16,899 $25,382
2009 $29,425 $29,963 $16,587 $23,077
2008 $31,696 $30,441 $17,974 $23,714
2007 $28,441 $28,896 $14,330 $21,232
2006 $24,416 $28,076 $10,629 $18,906
2005 $22,054 $25,004 $9,087 $16,570
2004 $21,449 $24,826 $7,997 $15,166
2003 $18,021 $23,253 $6,283 $14,088
2002 $13,782 $21,985 $4,606 $13,292
2001 $12,157 $20,304 $3,974 $12,367
2000 $11,638 $18,820 $3,828 $11,370
1999 $12,743 $17,758 $3,857 $10,726
1998 $13,023 $17,434 $4,250 $10,666
1997 $13,016 $16,630 $4,092 $10,137
1996 $13,433 $15,778 $4,069 $9,500
1995 $12,779 $15,218 $3,787 $8,812
1994 $10,937 $14,667 $3,028 $8,178
1993 $10,257 $14,150 $2,627 $7,569
1992 $11,021 $14,130 $2,438 $7,270
1991 $10,047 $13,824 $2,254 $7,623
1990 $9,467 $13,126 $3,221 $8,638
1989 $7,738 - - -
1988 $7,492 - - -
1987 $6,474 - - -
1986 $5,578 - - -
1985 $4,747 - - -
1984 $4,785 - - -
1983 $4,950 - - -
1982 $5,502 - - -
1981 $5,305 - - -
1980 $5,812 - - -
1979 $5,627 - - -
1978 $4,629 - - -
1977 $3,832 - - -
1976 $3,343 - - -
1975 $3,109 - - -
1974 $2,789 - - -
1973 $2,468 - - -
1972 $1,873 - - -
1971 $1,629 - - -
1970 $1,474 - - -
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 (1960–2025, retrieved 2026-07-08).

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

Greece's GDP per capita is $26,948, ranking 50/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Greece ranks 52nd at $44,327, while Slovakia ranks 49th at $48,132.

Economic indicators

Greece Slovakia
Gross domestic product
$281B
2025
$155B
2025
GDP rank
52/197
2025
60/197
2025
GDP growth
2.07%
2024-2025
0.81%
2024-2025
GDP per capita
$26,948
2025
$28,544
2025
GDP per capita rank
50/197
2025
46/197
2025
GDP per capita, PPP
$44,327
2024
$48,132
2024
GDP per capita PPP rank
52/197
2024
49/197
2024
Government debt
$409B
2025
$95.3B
2025
Debt-to-GDP ratio
145.7%
2025
61.6%
2025
Government debt per person
$39,257
2025
$17,597
2025
Government debt per person rank
19/185
2025
36/185
2025
Average annual personal income after taxes
$14,117
2026
$17,518
2026
Market capitalization of domestic companies
$129B
2025
$5.38B
2014
Number of millionaires
82,000
2026
n/a
Number of billionaires
16
2026
2
2026
Income share by richest 10%
26%
2023
18.8%
2023
Income share by poorest 10%
2.7%
2023
3.3%
2023
Government expenditure, % of GDP
49.7%
2025
48.7%
2025
Consumer prices inflation
2.48%
2024-2025
4%
2024-2025
Unemployment rate
8.84%
2025
5.4%
2025
Population
10371575
5376239

Spending and national debt comparison by year

Greece
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Greece Slovakia
Government spending Government debt Government spending Government debt
2025 49.7% 145.7% 48.7% 61.6%
2024 48.2% 155.4% 47.5% 59.7%
2023 49.6% 165.5% 48.2% 55.8%
2022 53.1% 179.2% 43.1% 57.8%
2021 56.7% 197.8% 44.8% 60.2%
2020 59.3% 209.9% 44.5% 58.4%
2019 47.6% 183.7% 40.6% 48%
2018 48.6% 189.6% 39.7% 49.3%
2017 48.5% 182.6% 39.8% 51.4%
2016 50.3% 183.7% 40.9% 52.1%
2015 51.9% 180% 44.1% 51.6%
2014 51.5% 182.8% 42% 53.4%
2013 53% 180.5% 41.1% 54.6%
2012 54.9% 164.3% 40% 51.7%
2011 55.1% 175.1% 40.8% 43.3%
2010 53.1% 147.8% 41% 40.7%
2009 54.8% 128.5% 43.2% 36.4%
2008 51.5% 110.9% 36.5% 28.6%
2007 47.8% 104.6% 35.9% 30.4%
2006 45.9% 105.3% 38.2% 31.5%
2005 46.6% 109.9% 39.1% 35%
2004 48.8% 105.5% 38.4% 42%
2003 47.9% 104.3% 40% 43.6%
2002 47.1% 107.9% 46% 45.6%
2001 47.5% 110.5% 46.2% 51.4%
2000 48.2% 108.9% 53.2% 50.6%
1999 48% 102.8% 48.4% 47.1%
1998 46.7% 100.8% 46.2% 33.9%
1997 45.1% 102.6% 48.6% 32.8%
1996 46.1% 103.7% 52.8% 30.3%
1995 46.6% 100.4% 47.8% 21.3%
1994 36.9% 99.7% - -
1993 38.6% 101.7% - -
1992 36.9% 81.1% - -
1991 35.2% 75.7% - -
1990 38.5% 74.2% - -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, Greece's government spending was $139B, accounting for 49.7% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 145.7% in Greece and 61.6% in Slovakia, ranking 7/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Greece

Slovakia
1x
Year Deficit/surplus, % of GDP
Greece Slovakia
2025 1.26% -5.02%
2024 1.23% -5.5%
2023 -1.44% -5.3%
2022 -2.57% -1.56%
2021 -7.76% -5.09%
2020 -10.4% -5.3%
2019 -0.09% -1.21%
2018 0.78% -1.01%
2017 1.05% -0.98%
2016 0.28% -2.59%
2015 -3.03% -2.78%
2014 -4.29% -3.25%
2013 -4.06% -2.86%
2012 -6.94% -4.37%
2011 -10.5% -4.36%
2010 -11.4% -7.44%
2009 -15.4% -8.18%
2008 -10.3% -2.54%
2007 -6.81% -2.26%
2006 -6.04% -3.57%
2005 -6.33% -2.86%
2004 -9.05% -2.36%
2003 -8.05% -2.28%
2002 -6.2% -8.35%
2001 -5.64% -7.74%
2000 -4.21% -12.7%
1999 -6.02% -7.25%
1998 -6.48% -5.37%
1997 -6.25% -6.24%
1996 -8.35% -9.72%
1995 -9.87% -3.43%
1994 -8.48% -
1993 -11.5% -
1992 -10.6% -
1991 -9.63% -
1990 -13.3% -
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Greece's government surplus, the difference between spending and revenue, was $3.53B, equivalent to 1.26% of GDP. This compares to Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Greece recorded a fiscal deficit in 26 of those years, while Slovakia ran a deficit in 31 years. On average, Greece posted an annual deficit equal to 5.58% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Greece

Slovakia
1x
Year Consumer prices inflation
Greece Slovakia
2025 2.48% 4%
2024 2.74% 2.76%
2023 3.46% 10.5%
2022 9.65% 12.8%
2021 1.22% 3.15%
2020 -1.25% 1.94%
2019 0.25% 2.66%
2018 0.63% 2.51%
2017 1.12% 1.31%
2016 -0.83% -0.52%
2015 -1.74% -0.33%
2014 -1.31% -0.08%
2013 -0.92% 1.4%
2012 1.5% 3.61%
2011 3.33% 3.92%
2010 4.71% 0.96%
2009 1.21% 1.62%
2008 4.15% 4.6%
2007 2.9% 2.76%
2006 3.2% 4.48%
2005 3.55% 2.71%
2004 2.9% 7.55%
2003 3.53% 8.55%
2002 3.63% 3.13%
2001 3.37% 7.33%
2000 3.15% 12%
1999 2.64% 10.6%
1998 4.77% 6.67%
1997 5.54% 6.14%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Greece has recorded an average annual inflation rate of 2.4%, compared with 4.44% in Slovakia. In 2025, inflation was 2.48% in Greece and 4% in Slovakia.

Top exports between countries

Greece
Export category Export value
Transport & tourism services $78.4M
Textiles & consumer goods $54.2M
Miscellaneous $30.4M
Processed food, beverages & tobacco $28.3M
Metals $24.2M
Chemicals & pharma $24M
Raw agricultural goods $23M
Machinery & equipment $12.6M
Animal & marine products $7.42M
Weapons & explosives $6.92M
Slovakia
Export category Export value
Machinery & equipment $277M
Metals $31.4M
Raw materials & minerals $24.9M
Processed food, beverages & tobacco $22.9M
Chemicals & pharma $20.6M
Transport & tourism services $17.1M
Wood & paper products $14.1M
Textiles & consumer goods $10.2M
Miscellaneous $5.12M
Business & finance services $4.65M

Balance of trade

Greece Slovakia
Current account balance
-$18.2B
2024
-$5.6B
2025
Current account balance ranking
183/190
2024
165/190
2025
Current account balance, % of GDP
-7.11%
2024
-3.63%
2025
Goods imports
$91.2B
2024
$117B
2025
Goods exports
$52.6B
2024
$117B
2025
Service imports
$31.1B
2024
$14.3B
2025
Service exports
$55.8B
2024
$14.7B
2025
Imports of goods and services, % of GDP
44%
2025
85.2%
2025
Exports of goods and services, % of GDP
39.5%
2025
85.1%
2025

Economic freedom indices

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

Greece Slovakia
Economic freedom 63.2 67.7
Economic freedom ranking 82/197 54/197
Property rights 78 82.6
Government integrity 54.8 57.2
Judicial effectiveness 68 70.5
Tax burden 59.9 75.4
Government spending 24.7 36.4
Fiscal health 78.9 69.6
Business freedom 77.8 71.1
Labor freedom 59.7 55.1
Monetary freedom 72.6 69.7
Trade freedom 79.4 79.4
Investment freedom 55 75
Financial freedom 50 70

Economic freedom comparison by year

Greece
Slovakia
1x
Year Economic freedom index
Greece Slovakia
2026 63.2 67.7
2025 60.6 68.4
2024 55.1 68.1
2023 56.9 69
2022 61.5 69.7
2021 60.9 66.3
2020 59.9 66.8
2019 57.7 65
2018 57.3 65.3
2017 55 65.7
2016 53.2 66.6
2015 54 67.2
2014 55.7 66.4
2013 55.4 68.7
2012 55.4 67
2011 60.3 69.5
2010 62.7 69.7
2009 60.8 69.4
2008 60.6 70
2007 58.7 69.6
2006 60.1 69.8
2005 59 66.8
2004 59.1 64.6
2003 58.8 59
2002 59.1 59.8
2001 63.4 58.5
2000 61 53.8
1999 61 54.2
1998 60.6 57.5
1997 59.6 55.5
1996 60.5 57.6
1995 61.2 60.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Greece is 63.2, ranking 82/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Greece Slovakia
Services, % of GDP
67.4%
2025
59.8%
2025
Industry, % of GDP
15.2%
2025
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
3.57%
2025
1.59%
2025
GNI, Atlas method
$264B
2025
$143B
2025
GNI per capita, PPP
$44,310
2025
$47,920
2025
Total reserves including gold
$24B
2025
$18.2B
2025
Total reserves ranking
63/177
2025
69/177
2025
Net foreign direct investment
-$4.52B
2024
-$198M
2025
Net inflows of foreign direct investment
$6.74B
2024
$5.01B
2024
Net outflows of foreign direct investment
$2.22B
2024
$2.24B
2024
Poverty at national poverty lines
18.8%
2021
13.7%
2021
Gross capital formation, % of GDP
17.2%
2025
20.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.