Country Explorer

Select a Country

Greece

Greece offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

Download Country Report

Athens

Sources: DG for Communication

Euro (€)

Sources: DG for Communication

Greek

Sources: DG for Communication

10.4M

Sources: Eurostat

Corporate Tax Rate 22% (2025)

The standard rate for all business profits.

With a competitive 22% corporate tax rate, Greece has created an attractive fiscal environment to drive investment and support business growth in the recovering economy.

R&D Tax Credit 100% deduction (2025)

100% deduction of R&D expenses from gross income.

Greece stimulates innovation by allowing companies to deduct 100% of their eligible scientific and technological R&D expenses, fostering a growing tech ecosystem.

ESNA SNS#1: Fast Startup Creation Score 42% (2023)

Efficiency of starting a business and administrative support.

Greece is actively improving its startup ecosystem, with streamlined digital processes making it easier for entrepreneurs to launch and operate their businesses.

GDP Growth 2% (2025)

Annual real GDP growth rate forecast.

Greece's highly advanced and resilient economy is forecast to grow steadily, driven by innovation in technology and a strong commitment to sustainable industry.

ESNA SNS#6: Access to Finance Score 58% (2023)

Availability of public and private funding for startups.

Greece's access to finance for startups is improving, with a growing number of venture capital funds and government initiatives supporting the tech ecosystem.

Economic Sentiment Indicator (ESI) 105,4 (2026)

Through significant reforms, Greece has made it easier to do business, streamlining processes like starting a company and getting electricity.

Labour Cost €16,7/hr (2024)

Greece offers a significant competitive advantage with its skilled workforce and lower labour costs compared to the EU average, providing excellent value for businesses.

Top Personal Income Tax Rate 44% (2025)

Progressive rates start at 9% for income up to €10,000.

Greece's progressive tax system funds its essential public services and social safety net, while recent reforms aim to increase fairness and efficiency for all taxpayers.

Euro Health Consumer Index Score 28th (2026)

Overall measure of national health system performance.

Greece provides universal access to healthcare, and ongoing reforms are focused on improving the quality and efficiency of its national health system for all residents.

Global Cost of Living Rank 45th (2026)

Measures relative costs of goods and services.

Enjoy a rich Mediterranean lifestyle at an affordable price. Greece offers one of the lower costs of living in the Eurozone, maximising your financial well-being.

Global Happiness Rank 81st (2024)

Evaluates national wellbeing and overall life satisfaction.

With its sunny climate, strong social connections, and rich cultural heritage, Greece offers a unique quality of life that contributes to the well-being of its people.

Global Peace Index 45th (2025)

Assesses national peacefulness, safety, and security levels.

As a member of the EU and NATO, Greece offers a safe and secure environment, ranking in the top tier globally for its peacefulness and stability.

Working-Age Employment Rate 69.3% (2024)

Percentage of population aged 20-64 that is employed.

With employment rates steadily rising, Greece's labour market is showing strong signs of recovery, offering new opportunities for its workforce.

ESNA SNS#8: Digital First Score 37% (2023)

Measures the digital-by-default availability of key public services.

Greece is rapidly advancing its digital transformation, with a strong commitment to providing more public services online to increase efficiency for all.

Annual Inflation Rate 2.9% (2025)

Measures the change in consumer prices over time.

With inflation projected to normalise, Greece's economy is moving towards greater price stability, enhancing predictability for consumers and investors.

Greece has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.

Citizens from EU countries are visa-free.

Visa agreements with third countries for a short stay period not exceeding 90 days in any period of 180 days.