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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