Foreign direct investments up 62% in 2021-2023, OECD reports

The highest yields are found in Athens city center, the western suburbs and in Piraeus, where the purchase price is lower compared to other parts of Attica, and at the same time the rent is not as low, thereby offering a greater return on the initial investment.

Foreign direct investment (FDI) in Greece has increased sharply over the last three years compared to the previous period, according to the latest Organization for Economic Cooperation and Development (OECD) "FDI in Figures" report.

The OECD found that from an average of $4.15 billion in the three-year period 2017-2019, FDI reached $6.7 billion in the three-year period 2021-2023, marking an increase of 62% as the Greek economy recorded significant growth rates.

In 2020, FDI had fallen to $3.2 billion, but this was due to the coronavirus pandemic that led to a halt in economic activity, with global FDI plunging 58% in that year.

In 2021, FDI in Greece jumped to $6.3 billion to reach an all-time high of $8.4 billion in 2022. In 2023, it eased to $5.4 billion, a level that remained higher than in the years over the period 2017-2019.

According to the OECD,...

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