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Greece

Greece is friendlier for business

Greece’s ranking improved by 12 places in the two years 2019-20, based on data published annually by the Swiss Institute for Management Development

Greece’s ranking in the international competitiveness index (World Competitiveness Yearbook) improved by 12 places in the two years 2019-20, based on data published annually by the Swiss Institute for Management Development (IMD).

Greece is ranked in 4621st place in 2021, from 49th place in 2020 and 58th place in 2019 (the results presented each year concern the country’s performance during the previous year).

Specifically, in terms of individual indicators, Greece has improved its position compared to 2019:

-In “Economic Efficiency”, by 8 places in the 52nd place from the 60th,

-In “Government Efficiency”, also by 8 places in the 52nd place from the 60th.

-In “Business Efficiency”, by 14 positions in the 44th position from the 58th,

-and in “Infrastructure”, by 2 places in the 39th from the 41st.

In a statement on the improvement of Greece’s position in the international competitiveness index, the Minister of Development & Investment, Mr. Adonis Georgiadis points out:

“My first goal when I took over the leadership of the Ministry of Development was to transform Greece into an extremely friendly country for entrepreneurship. For the second consecutive year, Greece rises in the international competitiveness table and thus proves that the effort made by the Government is bearing fruit. We still have a long way to go, but we are happy that our effort is taking place “.

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