Greece's GDP deflator, linked series (base year varies by country) was 121.48 in 2025, the latest year in the World Bank's World Development Indicators. That is up 20.7% from 100.64 in 2015 (1.9% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 121.48 | 2025 |
| Five years earlier | 100 | 2020 |
| Ten years earlier | 100.64 | 2015 |
| Highest | 121.48 | 2025 |
| Lowest | 31.85 | 1990 |
| Average since 2016 | 106.44 | 2016–2025 |
| First recorded | 31.85 | 1990 |
What the numbers say
In 2025, Greece's GDP deflator, linked series (base year varies by country) rose 2.8% on 2024 (from 118.2 to 121.48).
Across the 30 yearly changes before that (1995 to 2024), the average change was +2.6% and a typical year strayed about 2.9% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 19.8% in 1991 and the biggest yearly fall was 2% in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 2.5 a year. A straight line explains 79% 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 2025, Greece had the 141st highest value of the 186 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 2025 ranking
- United States — 137th of 186: 122.36
- United Kingdom — 138th of 186: 121.99
- Cabo Verde — 139th of 186: 121.54
- Israel — 141st of 186: 120.85
- Belgium — 142nd of 186: 120.8
- Spain — 143rd of 186: 120.8
What this measures
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).
All 36 values
| Year | GDP deflator, linked series (base year varies by country) |
|---|---|
| 2025 | 121.48 |
| 2024 | 118.2 |
| 2023 | 114.52 |
| 2022 | 107.77 |
| 2021 | 101.39 |
| 2020 | 100 |
| 2019 | 100.37 |
| 2018 | 100.12 |
| 2017 | 100.36 |
| 2016 | 100.15 |
| 2015 |
GDP deflator, linked series (base year varies by country) in nearby economies
- Albania — 124.77 (2025)
- Andorra — 127.73 (2025)
- Armenia — 144.93 (2025)
- Austria — 123.03 (2025)
- Azerbaijan — 380.4 (2025)
- Belarus — 134.42 (2025)
- Belgium — 120.8 (2025)
- Bosnia and Herzegovina — 128.9 (2025)
- Bulgaria — 154.2 (2025)
More financial sector data for Greece
- Consumer price index (2010 = 100) — 121.73 (2025)
- Inflation, consumer prices (annual % growth) — 2.48% (2025)
- GDP deflator (base year varies by country) — 121.48 (2025)
- DEC alternative conversion factor (LCU per US$) — US$0.88 (2025)
- Official exchange rate (LCU per US$, period average) — US$0.88 (2025)
- Inflation, GDP deflator (annual % growth) — 2.78% (2025)
- Listed domestic companies, total — 139 (2025)
- Stocks traded, total value (current US$) — US$48.12 billion (2025)
- Stocks traded, total value (% of GDP) — 17.15% (2025)
- Real effective exchange rate index (2010 = 100)
Reading data like this
Questions people ask
- What is Greece's GDP deflator, linked series (base year varies by country)?
- 121.48 in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 281.38% from 31.85 in 1990 (3.9% a year on average, compounded). The highest value was 121.48 in 2025 and the lowest 31.85 in 1990.
- How does Greece rank?
- 141st highest of 186 economies with data for 2025.
- Is the latest change in GDP deflator, linked series (base year varies by country) unusual for Greece?
- In 2025, Greece's GDP deflator, linked series (base year varies by country) rose 2.8% on 2024 (from 118.2 to 121.48). Across the 30 yearly changes before that (1995 to 2024), the average change was +2.6% and a typical year strayed about 2.9% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.DEFL.ZS.AD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF) 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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