🇬🇷 Greece
Public Sector Debt · 2026
Total Debt
157.7%
of GDP
Global Rank
#9
of 192
Interest Burden
7%
of govt revenue
S&P Rating
BBB-
Credit rating
SOE Debt
+3.5%
4 categories
5yr Change
-63pp
improving
Where the Debt Sits
Central Government
Central Government: 154.2%Dev Banks: 0.9%Energy SOEs: 2.3%Infrastructure: 0.2%Public Corps: 0.1%
Who Holds This Debt
Holder Breakdown
Domestic 28%
Foreign 72%
Domestic: 28%Foreign: 72%
Currency Denomination
Local 100%
Local currency: 100%Foreign currency: 0%
Full Debt Breakdown
Central Government154.2% of GDP
Central GovernmentEurostat — Government Debt (Maastricht)
154.2%Energy SOEs2.3% of GDP
PPC (Public Power Corporation)PPC FY2024 Annual ReportNet debt €5.1B at end-2024; leverage 2.8x EBITDA
2.3%Infrastructure SOEs0.2% of GDP
OASA / STASY (Athens urban transport)Hellenic Republic Budget 2024State-subsidized transport; limited own borrowings
0.1%EYDAP (Athens Water & Sewerage)EYDAP Financial Results 2023Listed utility; minimal long-term borrowings relative to GDP
0.1%Public Corporations0.1% of GDP
ELTA (Hellenic Post)ELTA Annual Report (est.)Small state postal service; minimal external debt
0.1%Development Banks0.9% of GDP
Hellenic Development Bank (HDB)HDB website / EIB partnership data (est.)Manages €8.5B loan portfolio; own liabilities estimated ~€2B
0.9%Total Corporate Debt57.5% of GDP
Nonfinancial corporate debtBIS/FRED Q3 2025
57.5%Household Debt38.2% of GDP
Household debtBIS/FRED Q3 2025
38.2%Unfunded Pension Liabilities415.0% of GDP
Public pension unfunded entitlements (est.)Eurostat Table 29 (2021)Post-reform but enormous legacy obligations. Confirmed >400% of GDP.
415.0%All Layers Total668.4%
Credit Ratings
S&P
BBB-
Moody's
Ba1
Fitch
BBB-
Data Sources
Eurostat — Government Debt (Maastricht)general_government · Updated semi_annual
Dec 2024154.2% GDP
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