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Country or Region: Greece › Change country
Economic Indicator: Total Government Gross Debt (National Currency) › See all Greece indicators, › See Total Government Gross Debt (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). Source: Ministry of Finance Latest actual data: 2010. These data are still provisional. Fiscal assumptions: Macroeconomic and fiscal projections for 2011 and the medium term are consistent with the policies agreed to between IMF staff and the authorities in the context of the Stand-By Arrangement. Fiscal projections assume a strong front-loaded fiscal adjustment, which already started in 2010, but will be followed through with further measures in 2011?13. Growth is expected to bottom out in late 2010 and gradually rebound after that, coming into positive territory in 2012. The data include fiscal data revisions for 2006-2009. These revisions rectify a number of shortfalls with earlier statistics. First, government controlled enterprises where sales cover less than 50 percent of production

Total Government Gross Debt (National Currency) for Greece is EUR 326.9 Billion.

In the previous year, 2009, Total Government Gross Debt (National Currency) for Greece was EUR 298.03 Billion Total Government Gross Debt (National Currency) for Greece in 2010 was or will be 9.69% more than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Gross Debt (National Currency) for Greece was or will be EUR 345.36 Billion, which is 5.65% more than the 2010 figure.