Greek state budget recorded a primary surplus of 273 million euros in 2022, reversing a budget provision for a deficit of 3.3 billion euros or 1.6% of GDP, Hellenic Statistical Authority said in a report released on Friday. In 2021, Greece recorded a primary deficit of 4.7% of GDP, or 8.45 billion euros.
The figures, approved by Eurostat, said that the general government’s debt dropped by 23 percentage points to 171.3% of GDP in 2022 from 194.6% of GDP in 2021. In absolute figures, the general government’s debt was 356.256 billion euros in 2022 from 353.489 billion in 2021. The country’s Gross Domestic Product was 208.03 billion euros in 2022 from 181.675 billion in the previous year.