Greek Economy Projected to Outperform Eurozone Through 2028 Despite Challenges

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Greece’s economy is projected to grow faster than the eurozone average through 2028, according to the Bank of Greece. Despite facing challenges such as rising inflation and high energy prices, Greece’s economic outlook appears robust compared to its eurozone counterparts.

Forecasts indicate that Greece’s gross domestic product (GDP) will expand by 2% in both 2026 and 2028, with a slight dip to 1.9% in 2027. This positive growth trajectory is supported by strong household consumption, investment, and exports, which are expected to remain the primary drivers of economic activity in the coming years.

In the second quarter of 2026, Greece’s economy recorded a year-on-year growth of 1.9%, surpassing the eurozone’s average growth rate of 1.2% during the same period. 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 contribution of international trade to overall growth was somewhat limited, as imports grew at a faster pace than exports. To address this, Greece aims to strengthen domestic production and expand its export capacity, which are seen as crucial priorities for sustaining economic growth.

Inflation remains a significant concern, particularly in the energy and services sectors, which could impact household purchasing power and the broader economic outlook. Addressing these inflationary pressures will be essential for maintaining the positive growth trajectory projected for Greece.

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