Greece Achieves Second Best FDI Performance Since 1990, Says Deputy PM

In a LinkedIn post today (June 24, 2025), Greece’s Deputy Prime Minister, Kostis Hatzidakis, highlighted the country’s upward economic trajectory in terms of Foreign Direct Investments (FDI). ‘Today, I want to focus on an important but underreported piece of news that reflects the steady upward trend of the Greek economy over recent years, driven by hard work and reforms,’ stated Hatzidakis. According to UNCTAD (the United Nations Conference on Trade and Development), Greece achieved its second-best FDI performance since 1990 in 2024, with the best recorded in 2022. The inflows of FDI reached $7.3 billion, marking a 41.5% increase compared to 2023. Data from the Bank of Greece further indicates this positive trend continued into the first quarter of 2025. Greece saw the largest cumulative investment growth between 2019 and 2024, with a total increase of 64%—the highest in the EU. Contrary to popular belief, the rise in investments is not solely due to real estate. In 2024, only 39.2% of investments went into real estate compared to 51.3% in the EU. This growth addresses long-standing needs following a decade of stagnation. Despite progress, Greece still lags behind the European average in investment levels due to the decade-long economic crisis. However, efforts are paying off as investments rose from 11% of GDP in 2019 to 15.3% in 2024, with projections reaching 16.2% in 2025 versus 21% in the Eurozone. The government remains committed to boosting investments through initiatives like specialized zoning plans for industry and tourism, reducing bureaucracy by 25%, and advancing urban development projects.