Greece’s economy is projected to outpace the eurozone’s growth through 2028, according to the Bank of Greece, despite challenges such as rising inflation and high energy prices. The economic forecasts suggest that Greece will maintain a strong growth trajectory, with its gross domestic product (GDP) expected to expand by 2% in both 2026 and 2028, and by 1.9% in 2027. This growth outlook remains more robust than that of the broader eurozone.
In the second quarter of 2026, Greece’s GDP grew by 1.9% year on year, ahead of the eurozone’s 1.2% growth during the same period. Key drivers of Greece’s economic performance include household consumption, investment, and exports. Notably, 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 expansion of imports at a faster rate than exports has limited the contribution of international trade to Greece’s overall economic growth. As a result, strengthening domestic production and boosting the nation’s export capacity remain crucial priorities for sustaining economic momentum.
Inflation poses a significant risk to Greece’s positive economic outlook, primarily due to rising prices in energy and services sectors. The Bank of Greece cautions that this could pressure household purchasing power, potentially influencing the country’s growth trajectory in the coming years.