Business Investment Financing Statistics in Greece (2026)
As of the 2023 data, 22.9% of firms in Greece used banks to finance investment, per World Bank World Development Indicators. Up from 8.3% in 2018 to 22.9% in 2023 (+14.5 percentage points). Greece ranks #33 of 43 economies in Europe & Central Asia on this measure, and #85 of 144 globally.
Key Statistics
- Latest value (2023)
- 22.9% (2023)
- Business Investment Financing in Greece as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2018
- +14.5 pp (2023)
- Up from 8.3% in 2018 to 22.9% in 2023 (+14.5 percentage points).
- Earliest value in this dataset (2005)
- 25.9% (2005)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 25.9% in 2005 to 22.9% in 2023.
- Peak value (2005)
- 25.9% (2005)
- Highest value in the available series; the 2023 value is 22.9%.
- Rank in Europe & Central Asia
- #33 of 43 (2023)
- Greece ranks 33 of 43 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #85 of 144 (2023)
- Greece ranks 85 of 144 countries with data globally.
- Europe & Central Asia average
- 29.6% (2023)
- Greece (22.9%) is below the average of 29.6% across the 43 countries in Europe & Central Asia with data.
- Firms with a bank loan/line of credit (% of firms) (2023)
- 39.8% (2023)
- Related indicator from World Bank World Development Indicators.
- Internet use in Greece (2024)
- 86.3% (2024)
- 86.3% of the population in Greece used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 10.4 million (2024)
- Greece had a population of 10.4 million in 2024 (World Bank); shown for scale only.
Trend, 2005–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 22.9% | +14.5 pp |
| 2018 | 8.3% | −17.6 pp |
| 2005 | 25.9% | — |
Frequently asked questions
What share of firms in Greece used banks to finance investment?
22.9% of firms in Greece used banks to finance investment in 2023, according to World Bank World Development Indicators data.
How has business investment financing in Greece changed over time?
World Bank World Development Indicators data show a decline from 25.9% in 2005 to 22.9% in 2023.
How does Greece compare with other countries in Europe & Central Asia?
Greece ranks 33 of 43 countries in Europe & Central Asia with data, with 22.9% versus a regional average of 29.6% (latest values per country).
Where does Greece rank globally on business investment financing?
Greece ranks 85 of 144 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKS.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .