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FX.co ★ Greece Q3 GDP Growth Hits Strongest This Year

Greece Q3 GDP Growth Hits Strongest This Year

In the third quarter of 2025, Greece's economy saw a 0.6% increase compared to the previous quarter, a performance stronger than the revised 0.4% growth observed in Q2. This represents the most robust quarterly growth since the last quarter of 2024. The growth acceleration was largely attributed to an increase in final consumption expenditure, which rose to 0.6% from 0.5% in the second quarter, primarily driven by enhanced government spending (0.2% compared to 0.0%). Household consumption maintained its pace at 0.7%. In contrast, gross fixed capital formation experienced a slowdown, registering a growth of 3.5% against 8.7% previously. Additionally, net external demand was characterized by a deceleration in export growth, achieving only a 0.2% rise compared to 0.7% in the prior quarter, and imports fell more sharply, decreasing by 1.6% versus 1.1%. On a year-over-year basis, Greece's GDP increased by 2.0% in Q3 2025, outpacing the revised 1.6% growth recorded in the second quarter of 2025.

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