Wage bill as a percentage of GDP in Greece
Greece: Wage bill as a percentage of GDP was 11.6% in 2022. ▲ Rising
Latest (2022)
11.6%
Change on year
down 6.1%
World rank
39th
of 191 countries
All-time high
13.5%
in 2020
All-time low
10.5%
in 2001
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Greece, 2000–2022
Source: World Bank.
Analysis
Greece recorded 11.6% for wage bill as a percentage of gdp in 2022.
Compared with earlier readings it is down 6.1% on the previous year and down 11.1% over ten years.
Over the whole period, wage bill as a percentage of gdp in Greece peaked at 13.5% in 2020 and was at its lowest, 10.5%, in 2001.
That places Greece 39th out of 191 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Wage bill as a percentage of GDP in Greece, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.6% | — |
| 2001 | 10.5% | -0.9% |
| 2002 | 11.0% | +4.1% |
| 2003 | 10.7% | -2.4% |
| 2004 | 11.4% | +6.5% |
| 2005 | 11.5% | +0.8% |
| 2006 | 11.1% | -3.4% |
| 2007 | 11.2% | +0.6% |
| 2008 | 11.7% | +4.6% |
| 2009 | 13.2% | +12.8% |
| 2010 | 12.5% | -5.0% |
| 2011 | 12.8% | +2.5% |
| 2012 | 13.0% | +1.3% |
| 2013 | 12.2% | -6.3% |
| 2014 | 12.3% | +1.2% |
| 2015 | 12.2% | -1.1% |
| 2016 | 12.3% | +0.6% |
| 2017 | 12.2% | -1.0% |
| 2018 | 12.1% | -0.5% |
| 2019 | 12.0% | -1.2% |
| 2020 | 13.5% | +12.7% |
| 2021 | 12.3% | -8.6% |
| 2022 | 11.6% | -6.1% |
Greece compared with similar countries
- Greece's 11.6% is above the median for high income countries, which is 10.0%, 1.2× the median. (64 countries reporting)
- Greece's 11.6% is above the median for Europe & Central Asia, which is 10.0%, 1.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.3% | 10.5% | 13.2% | 10 |
| 2010s | 12.4% | 12.0% | 13.0% | 10 |
| 2020s | 12.5% | 11.6% | 13.5% | 3 |
Countries ranked near Greece
More reference data data for Greece
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4067 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2183 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.36 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7298 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.6 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.19 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Greece?
- Wage bill as a percentage of gdp in Greece was 11.6% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Greece?
- The highest recorded value was 13.5% in 2020.
- What is the lowest wage bill as a percentage of gdp recorded in Greece?
- The lowest recorded value was 10.5% in 2001.
- How does Greece rank for wage bill as a percentage of gdp?
- Greece ranks 39th out of 191 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Greece?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).