Palma ratio in Greece

Greece: Palma ratio was 1.31 in 2023. ▼ Falling

Latest (2023)
1.31
Change on year
up 0.8%
World rank
70th
of 120 countries
All-time high
1.53
in 1995
All-time low
1.25
in 2003
Years of data
24
1995–2023

Palma ratio in Greece, 1995–2023

00.511.51995200920231995: 1.52000: 1.42002: 1.52003: 1.32004: 1.32005: 1.42006: 1.42007: 1.42008: 1.32009: 1.32010: 1.32011: 1.42012: 1.52013: 1.52014: 1.52015: 1.52016: 1.42017: 1.42018: 1.32019: 1.32020: 1.32021: 1.32022: 1.32023: 1.3

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2023, palma ratio in Greece stood at 1.31.

The figure is up 0.8% on the previous year and down 12.1% over ten years.

Over the whole period, palma ratio in Greece peaked at 1.53 in 1995 and was at its lowest, 1.25, in 2003.

That places Greece 70th out of 120 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.53 1.53 1.53 1
2000s 1.36 1.25 1.47 9
2010s 1.4 1.27 1.52 10
2020s 1.3 1.26 1.31 4

Countries ranked near Greece

  1. 67 Australia 1.33 compare
  2. 68 Niger 1.32 compare
  3. 69 Guinea-Bissau 1.32 compare
  4. 72 Thailand 1.31 compare
  5. 73 Spain 1.28 compare

See the full ranking of 120 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is palma ratio in Greece?
Palma ratio in Greece was 1.31 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Greece?
The highest recorded value was 1.53 in 1995.
What is the lowest palma ratio recorded in Greece?
The lowest recorded value was 1.25 in 2003.
How does Greece rank for palma ratio?
Greece ranks 70th out of 120 countries with data for 2023.
Is palma ratio rising or falling in Greece?
Over the last ten years it is down 12.1%. The long-run trend across the full record is falling.
Where does this Greece data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.