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Economy of Greece vs Yemen compared: GDP & Debt

Updated on by Georank team

Greece has a GDP of $256B compared to $21.6B for Yemen, ranking 53/197 and 125/197 by economy size, respectively.

Greece has $397B in government debt (154.8% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Greece vs Yemen GDP by year

Greece
Yemen
1x
Year GDP, current $
Greece Yemen
2024 $256,238,371,778 -
2023 $242,946,187,738 -
2022 $217,990,189,601 -
2021 $218,303,801,895 -
2020 $191,362,985,555 -
2019 $207,305,649,887 -
2018 $213,298,873,494 $21,606,160,663
2017 $200,381,103,984 $26,842,229,045
2016 $193,097,239,006 $31,317,825,274
2015 $194,567,373,678 $42,444,490,074
2014 $233,911,581,521 $43,228,585,321
2013 $236,556,279,641 $40,415,233,436
2012 $238,841,140,018 $35,401,331,610
2011 $283,228,079,776 $32,726,417,878
2010 $296,417,644,404 $30,906,749,533
2009 $326,829,054,686 $25,130,278,213
2008 $351,121,399,546 $26,910,855,807
2007 $314,226,996,944 $21,650,528,674
2006 $269,073,415,334 $19,063,143,370
2005 $242,315,668,619 $16,731,566,717
2004 $234,979,615,898 $13,867,634,371
2003 $196,930,509,813 $11,777,532,662
2002 $150,253,800,086 $10,693,430,511
2001 $132,050,474,720 $9,852,990,693
2000 $125,760,166,225 $9,679,316,770
1999 $137,131,371,955 $7,639,325,296
1998 $139,612,812,176 $6,322,175,566
1997 $138,766,067,640 $6,838,298,531
1996 $142,502,984,145 $6,496,163,616
1995 $134,974,613,914 $12,796,345,679
1994 $114,980,063,202 $28,019,483,764
1993 $107,295,704,518 $21,736,802,664
1992 $114,608,178,405 $17,959,367,194
1991 $103,680,863,713 $14,665,445,462
1990 $96,529,587,274 $12,643,821,569
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Greece vs Yemen by year

Greece
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Greece Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $24,626 $44,327 - -
2023 $23,344 $42,711 - -
2022 $20,887 $39,612 - -
2021 $20,655 $33,531 - -
2020 $17,887 $29,533 - -
2019 $19,335 $31,927 - -
2018 $19,873 $29,792 $634 -
2017 $18,632 $28,682 $811 -
2016 $17,919 $27,505 $975 -
2015 $17,981 $26,608 $1,362 -
2014 $21,475 $26,450 $1,430 -
2013 $21,573 $25,731 $1,379 $3,164
2012 $21,624 $24,583 $1,245 $3,005
2011 $25,505 $25,693 $1,186 $3,113
2010 $26,653 $27,839 $1,155 $3,603
2009 $29,425 $29,963 $969 $3,411
2008 $31,696 $30,441 $1,072 $3,370
2007 $28,441 $28,896 $890 $3,294
2006 $24,416 $28,076 $810 $3,205
2005 $22,054 $25,004 $734 $3,113
2004 $21,449 $24,826 $628 $2,949
2003 $18,021 $23,253 $549 $2,844
2002 $13,782 $21,985 $513 $2,768
2001 $12,157 $20,304 $487 $2,702
2000 $11,638 $18,820 $493 $2,624
1999 $12,743 $17,758 $401 $2,492
1998 $13,023 $17,434 $343 $2,442
1997 $13,016 $16,630 $383 $2,351
1996 $13,433 $15,778 $375 $2,268
1995 $12,779 $15,218 $764 $2,201
1994 $10,937 $14,667 $1,735 $2,115
1993 $10,257 $14,150 $1,397 $2,013
1992 $11,021 $14,130 $1,198 $1,963
1991 $10,047 $13,824 $1,016 $1,843
1990 $9,467 $13,126 $910 $1,742
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 (1960–2024, retrieved 2026-04-06).

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

Greece's GDP per capita is $24,626, ranking 49/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Greece ranks 52nd at $44,327, while Yemen ranks 178th at $3,164.

Economic indicators

Greece Yemen
Gross domestic product
$256B
2024
$21.6B
2018
GDP rank
53/197
2024
125/197
2018
GDP growth
2.09%
2023-2024
0.75%
2017-2018
GDP per capita
$24,626
2024
$634
2018
GDP per capita rank
49/197
2024
191/197
2018
GDP per capita, PPP
$44,327
2024
$3,164
2013
GDP per capita PPP rank
52/197
2024
178/197
2013
Government debt
$397B
2024
$18.8B
2018
Debt-to-GDP ratio
154.8%
2024
70.9%
2024
Government debt per person
$38,119
2024
$551
2018
Government debt per person rank
16/185
2024
165/185
2018
Average annual personal income after taxes
$14,396
2026
$1,127
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
29.4%
2014
Income share by poorest 10%
2.7%
2023
3%
2014
Government expenditure, % of GDP
48%
2024
8.91%
2024
Consumer prices inflation
2.74%
2023-2024
33.9%
2023-2024
Unemployment rate
10%
2024
13.5%
2014
Population
10181414
43325643

Spending and national debt comparison by year

Greece
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Greece Yemen
Government spending Government debt Government spending Government debt
2024 48% 154.8% 8.91% 70.9%
2023 49.5% 165.2% 11.8% 77.9%
2022 52.8% 178.4% 12.2% 65.3%
2021 56.7% 197.8% 8.22% 75.9%
2020 59.3% 209.9% 10.6% 87%
2019 47.6% 183.7% 13.2% 91.5%
2018 48.6% 189.6% 14.3% 86.9%
2017 48.5% 182.6% 8.39% 83.8%
2016 50.3% 183.7% 16.1% 76.5%
2015 51.9% 180% 19.4% 57.7%
2014 51.5% 182.8% 27.8% 48.9%
2013 53% 180.5% 30.8% 48.4%
2012 54.9% 164.3% 36.2% 47.6%
2011 55.1% 175.1% 29.8% 45.7%
2010 53.1% 147.8% 30.2% 42.4%
2009 54.8% 128.5% 35.2% 49.8%
2008 51.5% 110.9% 41.2% 36.4%
2007 47.8% 104.6% 40.3% 40.4%
2006 45.9% 105.3% 37.4% 40.8%
2005 46.6% 109.9% 36.8% 43.8%
2004 48.8% 105.5% 34.2% 52.1%
2003 47.9% 104.3% 35.3% 56.8%
2002 47.1% 107.9% 30.8% 57.8%
2001 47.5% 110.5% 30.5% 60.6%
2000 48.2% 108.9% 31.7% 60.8%
1999 48% 102.8% 28.2% 96.1%
1998 46.7% 100.8% 34.3% 110.6%
1997 45.1% 102.6% 34.2% 74.2%
1996 46.1% 103.7% 30.7% 114.9%
1995 46.6% 100.4% 24.1% 84.1%
1994 36.9% 99.7% 25.2% 73.3%
1993 38.6% 101.7% 25.8% 76.7%
1992 36.9% 81.1% 24.6% 78%
1991 35.2% 75.7% 24.7% 82.7%
1990 38.5% 74.2% 26.6% 91.6%
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 (1960–1998, retrieved 2026-02-20).

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

In 2024, Greece's government spending was $123B, accounting for 48% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 154.8% in Greece and 70.9% in Yemen, ranking 7/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Greece

Yemen
1x
Year Deficit/surplus, % of GDP
Greece Yemen
2024 1.34% -2.48%
2023 -1.35% -5.63%
2022 -2.46% -2.15%
2021 -7.58% -0.89%
2020 -10.3% -4.3%
2019 -0.09% -5.89%
2018 0.78% -7.85%
2017 1.05% -4.9%
2016 0.28% -8.51%
2015 -3.03% -8.75%
2014 -4.29% -4.14%
2013 -4.06% -6.9%
2012 -6.94% -6.32%
2011 -10.5% -4.51%
2010 -11.4% -4.06%
2009 -15.4% -10.2%
2008 -10.3% -4.53%
2007 -6.81% -7.18%
2006 -6.04% 1.19%
2005 -6.33% -1.82%
2004 -9.05% -2.15%
2003 -8.05% -4.2%
2002 -6.2% -0.56%
2001 -5.64% 2.79%
2000 -4.21% 6.09%
1999 -6.02% 0.06%
1998 -6.48% -7.77%
1997 -6.25% -1.5%
1996 -8.35% -0.92%
1995 -9.87% -5.74%
1994 -8.48% -14%
1993 -11.5% -12.8%
1992 -10.6% -10.9%
1991 -9.63% -5.76%
1990 -13.3% -10.3%
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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2018, Greece's government surplus, the difference between spending and revenue, was $1.66B, equivalent to 0.78% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 29 years, Greece recorded a fiscal deficit in 26 of those years, while Yemen ran a deficit in 25 years. On average, Greece posted an annual deficit equal to 7.13% of GDP, compared to deficit of 5.04% of GDP for Yemen.

Inflation comparison by year

Inflation
Greece

Yemen
1x
Year Consumer prices inflation
Greece Yemen
2024 2.74% 33.9%
2023 3.46% 0.9%
2022 9.65% 29.5%
2021 1.22% 31.5%
2020 -1.25% 21.7%
2019 0.25% 15.7%
2018 0.63% 33.6%
2017 1.12% 30.4%
2016 -0.83% 21.3%
2015 -1.74% 22%
2014 -1.31% 8.2%
2013 -0.92% 11%
2012 1.5% 9.9%
2011 3.33% 19.5%
2010 4.71% 11.2%
2009 1.21% 3.7%
2008 4.15% 19%
2007 2.9% 7.9%
2006 3.2% 10.8%
2005 3.55% 9.9%
2004 2.9% 12.5%
2003 3.53% 10.8%
2002 3.63% 12.2%
2001 3.37% 11.9%
2000 3.15% 11%
1999 2.64% 7.9%
1998 4.77% 11.5%
1997 5.54% 4.6%

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/yemen | CC BY

Over the past 28 years, Greece has recorded an average annual inflation rate of 2.4%, compared with 15.5% in Yemen. In 2024, inflation was 2.74% in Greece and 33.9% in Yemen.

Top exports between countries

Greece
Export category Export value
Raw materials & minerals $4.63M
Chemicals & pharma $1.38M
Processed food, beverages & tobacco $464K
Metals $376K
Raw agricultural goods $202K
Machinery & equipment $111K
Wood & paper products $79K
Miscellaneous $56K
Textiles & consumer goods $11K
Yemen
Export category Export value
Processed food, beverages & tobacco $22K

Balance of trade

Greece Yemen
Current account balance
-$18.2B
2024
-$2.42B
2016
Current account balance ranking
182/190
2024
148/190
2016
Current account balance, % of GDP
-7.11%
2024
-7.72%
2016
Goods imports
$91.2B
2024
$6.8B
2016
Goods exports
$52.6B
2024
$473M
2016
Service imports
$31.1B
2024
$1.46B
2016
Service exports
$55.8B
2024
$466M
2016
Imports of goods and services, % of GDP
47.7%
2024
47.3%
2018
Exports of goods and services, % of GDP
42.1%
2024
8.76%
2018

Economic freedom indices

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

Greece Yemen
Economic freedom 63.2 53.7
Economic freedom ranking 82/197 138/197
Property rights 78 3.5
Government integrity 54.8 6.2
Judicial effectiveness 68 9.9
Tax burden 59.9 93.7
Government spending 24.7 0
Fiscal health 78.9 71.2
Business freedom 77.8 31.3
Labor freedom 59.7 31.2
Monetary freedom 72.6 48.1
Trade freedom 79.4 67.4
Investment freedom 55 50
Financial freedom 50 30

Economic freedom comparison by year

Greece
Yemen
1x
Year Economic freedom index
Greece Yemen
2026 63.2 -
2025 60.6 -
2024 55.1 -
2023 56.9 -
2022 61.5 -
2021 60.9 -
2020 59.9 -
2019 57.7 -
2018 57.3 -
2017 55 -
2016 53.2 -
2015 54 53.7
2014 55.7 55.5
2013 55.4 55.9
2012 55.4 55.3
2011 60.3 54.2
2010 62.7 54.4
2009 60.8 56.9
2008 60.6 53.8
2007 58.7 54.1
2006 60.1 52.6
2005 59 53.8
2004 59.1 50.5
2003 58.8 50.3
2002 59.1 48.6
2001 63.4 44.3
2000 61 44.5
1999 61 43.3
1998 60.6 46.1
1997 59.6 48.4
1996 60.5 49.6
1995 61.2 49.8

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

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

The Economic Freedom Index for Greece is 63.2, ranking 82/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Greece Yemen
Services, % of GDP
68%
2024
41.8%
2018
Industry, % of GDP
15%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
3.77%
2024
28.7%
2018
GNI, Atlas method
$236B
2024
$25.3B
2018
GNI per capita, PPP
$43,340
2024
$3,020
2013
Total reserves including gold
$15.2B
2024
$1.25B
2022
Total reserves ranking
67/177
2024
139/177
2022
Net foreign direct investment
-$4.52B
2024
$15.4M
2015
Net inflows of foreign direct investment
$6.74B
2024
-$371M
2019
Net outflows of foreign direct investment
$2.22B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.53%
2018
Poverty at national poverty lines
18.8%
2021
48.6%
2014
Gross capital formation, % of GDP
18.3%
2024
6.18%
2018

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/yemen | 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 (1880–1998, 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. TradeMap (2015–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.