Greece's adjusted savings, net national savings (current US$) was −US$8.44 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 76.87% from −US$36.48 billion in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$8.44 billion | 2021 |
| Five years earlier | −US$11.09 billion | 2016 |
| Ten years earlier | −US$36.48 billion | 2011 |
| Highest | US$2.89 billion | 2006 |
| Lowest | −US$36.48 billion | 2011 |
| Average since 2012 | −US$13.93 billion | 2012–2021 |
| First recorded | US$2.89 billion |
What the numbers say
In 2021, Greece's adjusted savings, net national savings (current US$) rose US$8.18 billion on 2020 (from −US$16.62 billion to −US$8.44 billion).
Across the 14 yearly changes before that (2007 to 2020), the average change was −US$1.39 billion and a typical year strayed about US$7.83 billion from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$11.69 billion in 2012 and the biggest yearly fall was US$15.38 billion in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$1.13 billion a year. A straight line explains 49% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Greece had the 131st highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Greece in the 2021 ranking
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 16 values
| Year | Adjusted savings, net national savings (current US$) |
|---|---|
| 2021 | -8,440,299,722 |
| 2020 | -16,618,593,162 |
| 2019 | -9,183,459,500 |
| 2018 | -11,880,142,995 |
| 2017 | -12,192,865,233 |
| 2016 | -11,094,432,635 |
| 2015 | -11,751,243,945 |
| 2014 | -15,333,902,654 |
| 2013 | -18,025,917,092 |
| 2012 | -24,795,952,701 |
Adjusted savings, net national savings (current US$) in nearby economies
- Albania — US$457.58 million (2021)
- Armenia — US$542.25 million (2021)
- Austria — US$41.3 billion (2021)
- Azerbaijan — US$13.29 billion (2021)
- Belarus — US$8.86 billion (2021)
- Belgium — US$41.28 billion (2021)
- Bosnia and Herzegovina — US$1.34 billion (2021)
- Bulgaria — US$6.05 billion (2021)
- Croatia — US$4.34 billion (2021)
- Cyprus
More economic policy & debt data for Greece
- Total reserves, including gold (current US$) — US$24.05 billion (2025)
- Total reserves, excluding gold (current US$) — US$7.94 billion (2025)
- General government final consumption expenditure (current US$) — US$51.18 billion (2025)
- General government final consumption expenditure (current LCU) — 45.29 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$41.73 billion (2025)
- General government final consumption expenditure (constant LCU) — 39.07 billion (2025)
- General government final consumption expenditure (% of GDP) — 18.24% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$193.78 billion (2025)
Reading data like this
Questions people ask
- What is Greece's adjusted savings, net national savings (current US$)?
- −US$8.44 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is down 391.75% from US$2.89 billion in 2006. The highest value was US$2.89 billion in 2006 and the lowest −US$36.48 billion in 2011.
- How does Greece rank?
- 131st highest of 132 economies with data for 2021.
- Is the latest change in adjusted savings, net national savings (current US$) unusual for Greece?
- In 2021, Greece's adjusted savings, net national savings (current US$) rose US$8.18 billion on 2020 (from −US$16.62 billion to −US$8.44 billion). Across the 14 yearly changes before that (2007 to 2020), the average change was −US$1.39 billion and a typical year strayed about US$7.83 billion from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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