Greece Debt To Gdp 2016. Unemployment of labour force. This page provides the latest reported value for - Greece Government Debt to GDP - plus previous releases historical high and low short-term forecast and long-term prediction economic calendar survey consensus and. Government Debt to GDP in Greece averaged 10642 percent from 1980 until 2020 reaching an all time high of 20560 percent in 2020 and a record low of 2260 percent in 1980. Greece was allowed to belatedly join the Eurozone in early 2001 as its 12th member despite having a budget deficit well in excess of 3 of GDP and government debt in excess of 100 of GDP.
The deal includes a 535 percent debt write-down or haircutfor private Greek bondholders. General government debt of GDP 2019 Household debt. GREECE GOVERNMENT DEBT TO GDP. However after the creditor haircut the IMF assistance and the ECB loans Greeces debt to GDP ratio reached 1786 having reached 1808 in 2016. 978 of disposable income. In a ranking of debt to GDP per country Greece is currently ranked second.
Government Debt in Greece averaged 30847964 EUR Million from 2005 until 2020 reaching an all time high of 37400573 EUR Million in the fourth quarter of 2020 and a record low of 21541574 EUR Million in the fourth quarter of 2005.
Now the majority of Greeces national debt is owed to the IMF the ECB and various EU schemes. However after the creditor haircut the IMF assistance and the ECB loans Greeces debt to GDP ratio reached 1786 having reached 1808 in 2016. The Greek debt-to-GDP ratio is a whopping 179 as of December 2016 and the total amount Greece owes is 293 billion 3275 billion. Government Debt to GDP in Greece is expected to be 18333 percent by the end of this quarter according to Trading Economics global macro models and analysts expectations. General government debt of GDP 2019 Household debt. Now the majority of Greeces national debt is owed to the IMF the ECB and various EU schemes.