The coast of Greece

Greece Investment

Greece Investment

Fixed Investment in Greece

The Greek economy recorded an average growth rate of 2.7% in fixed investment over the past decade, above the Euro Area's average of 2.2%. In 2022, Greece's fixed investment growth was 11.6%. For more investment information, visit our dedicated page.

Greece Investment Chart

  • Greece

    Chart

    Line chart with 10 data points.
    The chart has 1 X axis displaying Years. Data ranges from 2014 to 2023.
    The chart has 1 Y axis displaying Fixed Investment (ann. var. %). Data ranges from -3.8 to 20.8.
    End of interactive chart.

    Note: This chart displays Investment (annual variation in %) for Greece from 2020 to 2019.
    Source: Macrobond.

    Greece Investment Data

    2019 2020 2021 2022 2023
    Fixed Investment (ann. var. %) -0.8 1.6 20.8 16.2 7.0

    GDP growth slows in the third quarter

    Growth eases in Q3: GDP growth slowed to 0.3% on a seasonally adjusted quarter-on-quarter basis in the third quarter, down from 1.2% in the second quarter. On annual basis, economic growth accelerated to 2.4% in Q3, from the previous quarter's 2.3% expansion and marking the best result since Q2 2023.

    Domestic demand and exports moderate: The downturn was broad-based, with private consumption, public spending, fixed investment and exports all weakening. Private consumption growth edged down to 0.1% in seasonally adjusted quarter-on-quarter terms in Q3 compared to a 0.3% expansion in Q2. Government consumption dropped, contracting 0.9% in Q3 (Q2: +2.0% s.a. qoq). Meanwhile, fixed investment contracted 1.1% in Q3, marking the worst reading since Q1 2023 (Q2: +1.4% s.a. qoq). On the external front, exports of goods and services increased 0.9% on a seasonally adjusted quarterly basis in the third quarter, which was below the second quarter's 2.9% expansion. Meanwhile, imports of goods and services deteriorated, contracting 0.9% in Q3 (Q2: +4.3% s.a. qoq), marking the worst reading since Q1 2023.

    Healthy growth seen in 2025: Our panelists expect sequential GDP growth to tick down slightly in Q4 from Q3. Looking at 2025, our Consensus is for growth to hover around 2024’s projection, remaining among the highest in the Euro area. Public spending is set to rebound as the government slows the pace of its fiscal consolidation. Moreover, exports are seen gaining steam, buoyed by stronger EU demand. Meanwhile, fixed investment should remain supportive. Less positively, private spending expected to lose some steam. An escalation of conflict in the Middle East is a downside risk, as it would raise energy prices and therefore hurt Greece’s domestic and foreign demand.

    Chart

    Combination chart with 2 data series.
    Source: Hellenic Statistical Authority
    The chart has 1 X axis displaying categories.
    The chart has 2 Y axes displaying % and %.
    End of interactive chart.
    Consensus Forecasts and Projections for the next ten years

    How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Greek investment projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable investment forecast available for Greek investment.

    Download one of our sample reports to visualize what a Consensus Forecast is and see our Greek investment projections.

    Want to get access to the full dataset of Greek investment forecasts? Send an email to info@focus-economics.com.

    Latest Global GDP News

    Free sample report

    Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

    Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen