IMD World Competitiveness Booklet 2022
Greece Competitiveness Trends – Overall
OVERALL PERFORMANCE (63 countries)
BASIC FACTS
Rank
2018
2019
2020
2021
2022
Capital Land area (square km '000)
Athens
132 2021
46
47
49
0.845 2021
57
58
Exchange Rate (per $)
10.72 2021 34 216.2 2021 45 32,109 2021 44 8.3 2021 12 0.57 2021 04 14.70 2021 58 4.61 2021 39 -5.88 2021 58 51.8 2020 51 1.75 2020 30
Population - market size (millions)
Gross Domestic Product (GDP) (US$ billions)
CHALLENGES IN 2022
GDP (PPP) per capita (US$)
• Introduce special programme for the transformation of industrial ecosystem towards industry 4.0. • Support the international expansion in new markets in response to the disturbance of supply chains. • Adaptation of the local industrial ecosystems to the principles of energy efficiency and circular economy. • Leverage the employability of workforce by introducing training programs, supporting the twin transformation of the Greek economy. • Attract FDIs, by capitalizing the signaling effect of flagship investments and accelerating the implementation process.
Real GDP growth (%)
Consumer price inflation (%)
Unemployment rate (%)
Labor force (millions)
Current account balance (% of GDP)
Direct investment stocks inward ($bn)
Direct investment flows inward (% of GDP)
PROVIDED BY: Federation of Industries of Greece (SBE), Thessaloniki
COMPETITIVENESS LANDSCAPE
Economic Performance Government Efficiency
Business Efficiency
Infrastructure
Domestic Economy
International Trade
International Investment Employment Prices
Public Finance Tax Policy
Institutional Framework Business Legislation
Societal Framework
Productivity & Efficiency Labor Market Finance
Management Practices
Attitudes and Values
Basic Infrastructure
Technological Infrastructure Scientific Infrastructure
Health and Environment Education
17
27
39 34 36
40 42 38
41 39
43
47
50
51 46
52 53 51
59
60
PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)
POPULATIONS < 20 MILLION (36 countries)
2018
2019
2020
2021
2022
2018
2019
2020
2021
2022
28
29
30
32
32
30
32
33
37
37
72 Competitiveness Country Profiles
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