GDP per capita in Greece (in purchasing power terms) stood at 68% of the EU average (100%) in 2025, marking a 1% decrease compared to 2024.
Greece now ranks last in the EU alongside Bulgaria, with the latter improving its rate compared to 2024 (66%), while Latvia, which was below Greece in 2024, reached 71%.
In absolute terms, real GDP per capita in Greece was €28,500 in 2025, while the EU average stood at €41,600.
PM Kyriakos Mitsotakis announced today, during a cabinet meeting, an increase in the minimum wage to €920 (gross), effective from April 1.
Although in absolute terms GDP per capita in Greece increased in 2025 compared to 2024, the gap with the EU widened due to stronger growth in GDP per capita across the Union and, mainly, due to the comparatively higher price level of goods and services in Greece, which ultimately results in reduced purchasing power.
GDP per capita in Greece has never exceeded the EU average, with its best year being 2006 (96%), while since 2015 it has fallen below 70%.
Among the reasons why GDP per capita in Greece remains so low are the severity of the 10-year economic crisis that hit the country, the successive crises since 2020 (pandemic, Ukraine), as well as the economic growth of countries that have joined the EU in recent years, such as the Baltic states, Romania, and Bulgaria.
Source: Καθημερινή
