Increase by 1.7% compared to the 2nd quarter 2024, the gross domestic product showed in the 2nd quarter of 2025 (GDP) in terms of volume, according to a statement from the Greek Statistical Authority (ELSTAT), today. Specifically, as announced on the basis of the available seasonally corrected data, the gross domestic product (GDP) in terms of volume, in the 2nd quarter 2025, increased by 0.6%, compared to the 1st quarter 2025, while compared to the 2nd quarter 2024 increased by 1.7%.

Read ELSTAT’s details in detail HERE

Based on the non -seasonally corrected elements, the gross domestic product (GDP) in terms of volume, in the 2nd quarter 2025, increased by 1.7% compared to the 2nd quarter 2024.

Changes in the main macroeconomic sizes in terms of tumor with seasonal correction are as follows:

1. Quarterly changes

– The total final consumer expenditure decreased by 0.1% compared to the 1st quarter of 2025.

– Gross firm capital investments increased by 7.4% compared to the 1st quarter of 2025.

– Exports of goods and services increased by 1.3%compared to the 1st quarter of 2025. Exports of goods decreased by 0.03%, while exports of services increased by 2.6%.

– Imports of goods and services decreased by 0.9%compared to the 1st quarter of 2025. Imports of goods decreased by 0.8%, while imports of services decreased by 2.0%.

2. Annual changes

– The total final consumer expenditure increased by 1.0% compared to the 2nd quarter of 2024.

– Gross capital capital investments increased by 6.5% compared to the 2nd quarter of 2024.

– Exports of goods and services increased by 1.9%compared to the 2nd quarter of 2024. Exports of goods decreased by 1.1%, while exports of services increased by 3.9%.

– Imports of goods and services decreased by 3.2% compared to the 2nd quarter of 2024.

Imports of goods decreased by 4.8% and imports of services increased by 1.5%.

Ministry of Finance GDP: Stimulate Investment, Reduction of Inventory – The annual growth rate remains within target

“The 2nd quarter growth rate, on a yearly basis, amounted to 1.7%in our country. Investments increased by 6.5%, private consumption by 1.1%and exports by 1.9%, and imports decreased by 3.2%. The amount of investment in the second quarter of 2025 is in stable sizes the highest since 2010. A significant impact on GDP had a decrease in the rate of change in stocks, as the change at constant prices amounted to EUR 632 million in the second quarter of 2025, compared to EUR 1.7 billion in the first quarter of 2025 and € 2.2 billion in the corresponding quarter of the previous year. The above quarter data are within the range of forecasts by the Ministry of National Economy and Finance, and more likely to take into account the international context. The target of the annual rate of growth of 2.3% is not changing, as the European Commission provides in its spring forecasts. “According to the Ministry of National Economy and Finance.

As the Rope still notes in its announcement: “It is recalled that at the beginning of the second quarter, and specifically on April 2, there was the announcement of US duties in the EU and other countries, resulting in a significant international economic uncertainty, which affected investment decisions across Europe. In the same quarter there were significant upheavals in the Middle East, with impact on supply chains and increased fluctuation of energy prices, exacerbating relative uncertainty. In our country, the above developments have mainly affected the reduction of the rate of change in stocks, signaling inventory consumption against new orders, as reflected in the individual data.

Despite the above, it is important that investments recovered compared to the first quarter, increasing an increase of 6.5% annually and 7.4% over the previous quarter.

The Public Investment Program also contributed to this, with total absorption of EUR 3.26 billion in the 2nd quarter of 2025, compared to EUR 2.35 billion in the 2nd quarter of 2024. It is noted that the absorption is expected even higher in the next two quarters, after the increase in the € 500 million. Specifically, the total absorption of the national and co -financed public investment program for the 2nd half of 2025 are estimated at € 9.5 billion, compared to € 5 billion in the first half of 2025, with positive effects on the growth rates of the next quarters.

All available data show that the Greek economy maintains its growth potential, which is expected to be more strongly imprinted in the next quarters. Increased tourist traffic, the implementation of the largest public investment program ever made in the country, the significant acceleration of credit expansion in private businesses, new income enhancement measures announced and most of them are being implemented in the second half of the year, and the relative reduction in extreme uncertainty.

The government remains committed to enhancing growth, implementing reforms and increasing disposable income so that growth potential can continue seamlessly. “