Exports take growing share of economy

Progress in the indexes of the outward-looking side of the Greek economy, such as exports and the attraction of foreign direct investments, is recorded in the bulletin of the Reforms Observatory of the Center for Planning and Economic Research (KEPE). However, it points out that despite the progress, the distance that separates Greece from the corresponding performances in the European Union remains large.

According to the bulletin, exports of goods and services increased from 19% of GDP in 2009 to 44.9% of GDP in 2023. In the European Union the rate increased from 36.3% of GDP in 2009 to 52.7 % of GDP in 2023.

The distance is greater if the exports of goods are isolated, since services - i.e. tourism - are the Greek economy's strong card. Exports of goods were 8.5% of GDP in 2009 and increased to 22.6% of GDP in 2023. In the European Union, the corresponding...