Greece’s economy is projected to grow faster than the eurozone average through 2028, according to the Bank of Greece. Despite challenges such as rising inflation and high energy prices, Greece’s gross domestic product (GDP) is expected to increase by 2% in 2026, 1.9% in 2027, and 2% in 2028. This outlook remains more robust than the wider eurozone’s economic prospects.
In the second quarter of 2026, Greece experienced a year-on-year economic expansion of 1.9%, surpassing the eurozone’s growth rate of 1.2% for the same period. Key contributors to Greece’s economic activity include household consumption, investment, and exports. Data indicates that private consumption increased by 1.7%, investment surged by 6.1%, and exports of goods and services rose by 2.2% compared to the previous year.
However, the growth in imports outpaced that of exports, which limited the contribution of international trade to Greece’s overall economic growth. To enhance economic performance, strengthening domestic production and boosting export capacity are identified as crucial areas of focus.
Rising inflation remains a concern, particularly affecting energy and services sectors, which may pressure household purchasing power in the coming years. The Bank of Greece highlights these factors as potential risks to the economic outlook, emphasizing the importance of addressing these challenges to sustain growth.