The data displays the national debt of Greece from 2012 to 2016, with projections until 2022. In 2016, the national debt in Greece was around 372.12 billion USD. In a ranking of debt to GDP per country, Greece is currently ranked second.
Greece's struggle after the financial crisis
Greece is a developed country in the EU and is highly dependent on its service sector as well as its tourism sector in order to gain profits. After going through a large economic boom from the 1950s to the 1970s as well as somewhat high GDP growth in the early to mid 2000s, Greece’s economy took a turn for the worse and struggled intensively, primarily due to the Great Recession, the Euro crisis as well as its own debt crisis.
