Makrognosis

Greece Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:GR

Model score63 / 1009 Nov 2026
Grade equivalentBBB+model-implied
BandInvestment grade0–100 scale, 100 = strongest
Rank43rd of 84economies scored

Makrognosis sovereign credit model scores Greece at 63 out of 100 as of 9 November 2026, equivalent to BBB+ on the familiar letter scale — investment grade.

The score is up 0.2 points from 63 on 1 October 2026.

That places Greece 43rd of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 140.8% of GDP, a fiscal balance of 2.0% of GDP, a current account balance of −5.5% of GDP.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Greece sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026585960616263Robomacro
Greece sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202663.1BBB+
1 October 202662.9BBB+
31 July 202662.9BBB+
30 July 202661.5BBB
26 July 202662.1BBB
21 June 202658.7BBB
18 June 202662.5BBB
Get the Greece sovereign risk score in your code

Score, grade equivalent and inputs for 84 economies. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/credit/GR"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/GR",
                 headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docs

What drives the score

The model's published inputs for Greece, from official national and international statistics.

InputValueVintage
GDP per capitaUS$27,3892026
Real GDP growth, 5-year average4.1%2026
Inflation, recent average3.8%2026
Government debt140.8% of GDP2026
Fiscal balance2.0% of GDP2026
Current account balance−5.5% of GDP2026
Foreign-exchange reserves1.3 months of imports2026
Net international investment position−138.4% of GDP2026
Governance (World Bank WGI composite)0.3652026

How Greece compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
38Bahamas9 Nov 202667
39Saudi Arabia9 Nov 202666
40Oman9 Nov 202665
41South Africa9 Nov 202664
42Grenada9 Nov 202663
43Greece9 Nov 202663
44Indonesia9 Nov 202661
45Kuwait9 Nov 202660
46Romania9 Nov 202660
47Hungary9 Nov 202659
48Ghana9 Nov 202659
49Argentina9 Nov 202658

All 84 economies ranked →

Greece economic indicators

Greece GDP (Gross Domestic Product)Greece Gross domestic product, Current prices, million EURGreece Inflation Rate (CPI)Greece Core Inflation RateGreece Unemployment RateGreece 10-Year Government Bond YieldGreece Industrial ProductionGreece Retail SalesGreece Producer Price Inflation (PPI)Greece Current account balance (BPM6, vs rest of world), not seasonally adjustedGreece Current account balance, % of GDPGreece Trade Balance: Goods & ServicesGreece Exports of goods and services, Current prices, million EURGreece Exports of goods and services, chain-linked volumeGreece Exports of goods, total trade (World), seasonally adjustedGreece Imports of goods and services, Current prices, million EUR

FAQ

What is Greece's credit rating?
Makrognosis sovereign credit model scores Greece at 63/100 as of 9 November 2026, equivalent to BBB+ (investment grade). This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.
How is the sovereign risk score calculated?
A statistical model scores each economy from published inputs — government debt and fiscal balance, current account and external debt, GDP per capita and growth, inflation, reserves and governance — on a 0–100 scale where 100 is the strongest credit. It is re-run as the inputs update.
Where can I get the data?
Through the Makrognosis API: GET /v1/credit/GR returns the score history and inputs; /v1/credit/universe lists every economy.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Last assessed 2026-11-09. Source: Makrognosis sovereign credit model.