Greece: Services, value added per worker (constant 2015 US$)

Key figures

What the numbers say

In 2025, Greece's services, value added per worker (constant 2015 US$) fell US$545.28 on 2024 (from US$48,679 to US$48,134).

Across the 29 yearly changes before that (1996 to 2024), the average change was +US$27.87 and a typical year strayed about US$1,754 from that (the standard deviation). This year's change was 0.3 standard deviations below 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 US$3,854 in 2021 and the biggest yearly fall was US$5,633 in 2020. 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 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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 25th highest value of the 150 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

• Malta — 21st of 150: US$63,937
• Spain — 22nd of 150: US$61,418
• Korea, Rep. — 23rd of 150: US$53,735
• Slovenia — 25th of 150: US$47,862
• Bahrain — 26th of 150: US$44,329
• Portugal — 27th of 150: US$43,284

What this measures

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: For comparability of individual sectors labor productivity is estimated according to national accounts conventions. However, there are still significant limitations on the availability of reliable data. Information on consistent series of output is not easily available, especially in low- and middle-income countries, because the definition, coverage, and methodology are not always consistent across countries. For more details, see Agriculture, forestry, and fishing, value added (constant 2015 US$) [NV.AGR.TOTL.KD], Industry (including construction), value added (constant 2015 US$) [NV.IND.TOTL.KD], and Services, value added (constant 2015 US$) [NV.SRV.TOTL.KD].

Regional and income-group figures are computed by the World Bank as a weighted average.

All 31 values

Services, value added per worker (constant 2015 US$) in nearby economies

• Albania — US$15,045 (2025)
• Armenia — US$15,766 (2025)
• Austria — US$83,163 (2025)
• Azerbaijan — US$12,539 (2025)
• Belarus — US$10,802 (2025)
• Belgium — US$94,071 (2025)
• Bosnia and Herzegovina — US$20,015 (2025)
• Bulgaria — US$21,830 (2025)
• Croatia — US$36,811 (2025)
• 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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Greece's services, value added per worker (constant 2015 US$)?

US$48,134 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is up 0.55% from US$47,871 in 1995. The highest value was US$57,295 in 2008 and the lowest US$44,594 in 2020.

How does Greece rank?

25th highest of 150 economies with data for 2025.

Is the latest change in services, value added per worker (constant 2015 US$) unusual for Greece?

In 2025, Greece's services, value added per worker (constant 2015 US$) fell US$545.28 on 2024 (from US$48,679 to US$48,134). Across the 29 yearly changes before that (1996 to 2024), the average change was +US$27.87 and a typical year strayed about US$1,754 from that (the standard deviation). This year's change was 0.3 standard deviations below 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 NV.SRV.EMPL.KD, licensed CC BY 4.0. Original source: World Development Indicators database, World Bank (WB); ILOSTAT database, International Labour Organization (ILO) 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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