Greece PESTLE Insights - A Macroeconomic Outlook Report

Greece PESTLE Insights - A Macroeconomic Outlook Report

Summary

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.

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.