Greece GDP Growth Rate QoQ: February Print Surges to 0.8%
Greece’s economy extended its expansion in February, with quarterly GDP growth accelerating to 0.8%. This marks a notable improvement from January’s 0.6% and stands above the 12-month trend. The latest data, released March 6, 2026, underscores resilience in the face of external headwinds.
Big-Picture Snapshot
Drivers this month
- Services sector: +0.22pp
- Exports: +0.18pp
- Construction: +0.12pp
- Household consumption: +0.10pp
- Net imports: -0.08pp
Policy pulse
GDP growth at 0.8% remains above the Bank of Greece’s medium-term target of 0.6% for quarterly expansion[1].
Market lens
Greek equities and bonds showed little immediate reaction after the release, reflecting market confidence in the sustainability of the current growth trajectory. The euro held steady against major peers, as investors digested the upside surprise without adjusting rate expectations.
Foundational Indicators
Historical context
- February 2026: 0.8%
- January 2026: 0.6%
- December 2025: 0.6%
- September 2025: 0.6%
- June 2025: 0.0%
- March 2025: 0.9%
- 12-month average: 0.57%
Methodology
The GDP Growth Rate QoQ is calculated by the Hellenic Statistical Authority using seasonally adjusted chain-linked volumes, benchmarked to Eurostat standards[1].
Policy pulse
The reading continues to exceed the central bank’s baseline, supporting a constructive policy stance.
Chart Dynamics
Forward Outlook
Scenario analysis
- Bullish: Growth sustains above 0.7% QoQ (30% probability), driven by tourism, exports, and investment inflows.
- Base: GDP moderates to 0.5–0.7% QoQ (55% probability), as external demand stabilizes and fiscal policy remains neutral.
- Bearish: Growth slips below 0.4% QoQ (15% probability), with downside risks from energy prices and global trade disruptions.
Market lens
Investors remain constructive on Greek assets, with sovereign spreads stable and equity flows steady. Upside risks are balanced by persistent external uncertainties.
Policy pulse
The central bank is expected to maintain its current stance, as growth remains above target and inflation pressures are contained.
Closing Thoughts
Key takeaways
- GDP Growth Rate QoQ at 0.8% in February, up from 0.6% in January.
- Services and exports led the expansion, offsetting weaker net imports.
- Growth momentum is above the 12-month trend, with upside risks prevailing.
Market lens
Market reaction was muted, with investors awaiting further data to confirm the durability of the recovery.
Key Markets Reacting to GDP Growth Rate QoQ
Greece’s GDP growth data has implications for both domestic and international markets. The following symbols, verified from Sigmanomics, reflect the most direct tradable exposures to Greek economic momentum. Each is linked to its official Sigmanomics page for further analysis.
- AAPL – While not a Greek company, Apple’s European sales are sensitive to regional growth trends, including Greece.
- EURUSD – The euro’s value often responds to economic surprises from member states like Greece.
- BTCUSD – Bitcoin’s price can react to shifts in European macroeconomic sentiment, including Greek data releases.
| Quarter | GDP QoQ (%) | EURUSD Change (%) |
|---|---|---|
| Mar 2025 | 0.9 | +1.2 |
| Jun 2025 | 0.0 | -0.4 |
| Sep 2025 | 0.6 | +0.7 |
| Dec 2025 | 0.6 | +0.3 |
| Feb 2026 | 0.8 | +0.9 |
Since 2020, EURUSD has shown moderate positive correlation with Greek GDP surprises, with the largest moves following above-trend prints.
FAQ
- What is the latest Greece GDP Growth Rate QoQ figure?
- The most recent quarterly GDP growth rate for Greece is 0.8% for February 2026, up from 0.6% in January.
- How does Greece’s GDP growth compare to its 12-month average?
- February’s 0.8% reading is well above the 12-month average of 0.57%, indicating a strengthening trend.
- What sectors contributed most to Greece’s GDP growth this month?
- Services, exports, and construction were the main contributors to the February 2026 GDP expansion.
Greece’s economic momentum continues to build, with quarterly growth outpacing recent averages and supporting a constructive outlook.
Updated 3/6/26
This has been drafted with AI assistance and then thoroughly reviewed, refined, and approved by our human editorial team to ensure accuracy, and originality.
- Sigmanomics database, GDP Growth Rate QoQ for Greece, release 3/6/2026
- Hellenic Statistical Authority, National Accounts Methodology, 2026
February’s 0.8% GDP growth outpaced January’s 0.6% and the 12-month average of 0.57%. The latest figure marks the strongest print since March 2025’s 0.9% surge. Over the past six months, growth has oscillated between 0.0% and 0.9%, with February’s result signaling renewed momentum.
Compared to the prior two quarters—December’s 0.6% and September’s 0.6%—the current reading reflects a clear acceleration. The only recent outlier was June 2025’s flat reading, which briefly interrupted the upward trend.