Bank Z-score in Greece
Greece: Bank Z-score was 6.64 in 2021. ▲ Rising
Bank Z-score in Greece, 2004–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
Greece recorded 6.64 for bank z-score in 2021.
Compared with earlier readings it is down 9.7% on the previous year and up 3,647.6% over ten years.
Over the whole period, bank z-score in Greece peaked at 9.34 in 2017 and was at its lowest, -0.1872, in 2011.
Greece ranks 157th of 170 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Bank Z-score in Greece, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 4.81 | — |
| 2005 | 5.11 | +6.4% |
| 2006 | 5.18 | +1.3% |
| 2007 | 5.12 | -1.2% |
| 2008 | 3.46 | -32.4% |
| 2009 | 4.49 | +30.0% |
| 2010 | 3.89 | -13.5% |
| 2011 | -0.1872 | -104.8% |
| 2012 | 2.28 | -1316.3% |
| 2013 | 7.47 | +228.0% |
| 2014 | 5.43 | -27.3% |
| 2015 | 5.95 | +9.5% |
| 2016 | 7.97 | +34.0% |
| 2017 | 9.34 | +17.2% |
| 2018 | 7.74 | -17.0% |
| 2019 | 7.78 | +0.4% |
| 2020 | 7.36 | -5.4% |
| 2021 | 6.64 | -9.7% |
Greece compared with similar countries
- Greece's 6.64 is below the median for high income countries, which is 15.34, 43% of the median. (63 countries reporting)
- Greece's 6.64 is below the median for Europe & Central Asia, which is 11.21, 59% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Bank Z-score in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +1316.3% | -0.1872 | 2.28 |
| 2013 | +228.0% | 2.28 | 7.47 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.69 | 3.46 | 5.18 | 6 |
| 2010s | 5.76 | -0.1872 | 9.34 | 10 |
| 2020s | 7 | 6.64 | 7.36 | 2 |
Countries ranked near Greece
More financial sector data for Greece
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 75.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 55.22 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 75.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank z-score in Greece?
- Bank z-score in Greece was 6.64 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Greece?
- The highest recorded value was 9.34 in 2017.
- What is the lowest bank z-score recorded in Greece?
- The lowest recorded value was -0.1872 in 2011.
- How does Greece rank for bank z-score?
- Greece ranks 157th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Greece?
- Over the last ten years it is up 3,647.6%. The long-run trend across the full record is rising.
- Where does this Greece data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.