Financial intermediation, real estate and business activities contributed 23.7% to Greece’s gross value added (GVA) in 2022, followed by wholesale, retail and hotels activities (21.5%), and mining, manufacturing and utilities (17%). In nominal terms, the three sectors are forecasted to grow by 7.2%, 7.4%, and 7.5%, respectively, in 2023.
According to EuroStat, Attiki contributed 47.2% of the nation’s GDP in 2021 and was home to 36.4% of the population, as of 2022
The ASE Index has been on an upward trend. As of August 29, 2023, the index stood at 1,322.7, compared to 868.3 on August 29, 2022.
According to EuroStat, Attiki contributed 47.2% of the nation’s GDP in 2021 and was home to 36.4% of the population, as of 2022
The ASE Index has been on an upward trend. As of August 29, 2023, the index stood at 1,322.7, compared to 868.3 on August 29, 2022.
Scope
- In 2023, Infrastructure and Transport Ministry introduced Greece's Development Plan 2030, which includes 188 infrastructure projects with an investment of EUR27.6 billion ($29.1 billion).
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Greece’s performance in terms of its country risk analysis in comparison to West-Europe and the World average
- Exhibit 2: Performance overview (score: 0-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: ASE Index, (August 2022 - August 2023)
- Exhibit 5: Key sectors contribution to the economy (2017-24f)
- Exhibit 6: Net FDI inflow (2018-22) and net FDI inflow by sectors (2019-22)
- Exhibit 7: Net FDI inflow by country (2019-22) and Net FDI inflow by region (2022)
- Exhibit 8: Key infrastructure indicators (2020)
- Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 10: Real GDP growth rate comparison (2022)
- Exhibit 11: Volume of exports and imports growth (2018-25f)
- Exhibit 12: Current account balance (2018-25f)
- Exhibit 13: Top three commodity exports, % of total exports (2018-22)
- Exhibit 14: Mineral fuels, mineral oils and products of their distillation, % of world total (2022)
- Exhibit 15: Interest rates (July 2018 - July 2023)
- Exhibit 16: Exchange rate and inflation (2018-25f)
- Exhibit 17: General government deficit (2018-25f)
- Exhibit 18: General government debt (2018-25f)
- Exhibit 19: Unemployment rate (2018-25f)
- Exhibit 20: Average annual wages (2018-25f)
- Exhibit 21: Labor cost index (2018-25f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 26: Number of patents granted per million population (2021)
- Exhibit 27: High-technology exports, % of manufactured exports (2021)
- Exhibit 28: Rule of law (rankings), 2022
- Exhibit 29: Corruption perceptions index (rankings) (2022)
- Exhibit 30: Renewable energy capacity (2017-21)
- Exhibit 31: CO2 emissions (2018-22)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Attica Bank
- Poulaids
