The conclusion of 2025 brought another piece of good news on the Greek economy’s performance. According to all available data, the general government’s primary surplus for 2025 showed a significant overperformance, heading toward 4.5% of GDP against the already upward revised target of 3.7% of GDP. This means that in absolute numbers the budget’s primary surplus will reach close to 11.5 billion euros, at 2024 levels, when the surplus had jumped to 4.8% of GDP.

The Greek economy’s high rate of growth and the measures to restrict tax evasion – through the expansion of obligatory online transactions and other actions – explain these performances in Greece’s fiscal front, officials of the economic team say.

Further, developments confirm the assessments of the Parliament’s Budget Office, which foresaw a primary surplus of 4% of GDP in 2025 in its latest report on the Greek economy. It should be noted that this year the primary surplus is expected to rise to 2.8% of GDP.

Credit rating

The above data confirms the strong fiscal dynamic with which Greece is entering 2026. Critical appointments with global rating companies in the coming months will assess the new upgrades of Greece’s credit rating. The fiscal result, rate of growth and speed of the public debt’s reduction will be three of the basic criteria rating companies will use to assess Greece.

Growth rate

In 2025, the growth rate is expected to rise to 2.2% against 2.1% in 2024. According to assessments, the Greek economy will grow at a rate of 2.4%, higher in 2026 than in two previous years, mainly due to the great rise of investments, at 10.2% against 5.7% in 2025 and 4.5% in 2024. The leverage will be provided by the speeding up of the absorption of the Growth Fund resources and the implementation of projects included in it.

Faster debt reduction

The public debt showed a new and significant drop in 2025, to 145.9% of GDP from 154.2% GDP in 2024. The debt’s strong falling rate is expected to continue in 2026, approaching 138% of GDP. The year 2029 will be a landmark year, marking the first year after the difficult past decade when the public debt will break the barrier of 120% of GDP and land at 119% of GDP.