Search Results: OECD

At the same time, Greece's GDP index for the second quarter of 2024, based on OECD data, was only 85.07 points, placing the country again at the bottom.

Greece scores below the OECD average in at least one subcategory for each component, including income inequality, crowded housing, gender wage gap, overtime work,

The country remained in the same spot from last year's list and is sandwiched between Belgium (26th) and Denmark (28th). For the 11th year in a row, Estonia ranked 1st on the Index

The data revealed the job rate settled at 63.9%, compared to 62.7% in the first quarter and 57.3% in 2021

According to the OECD, Greece experienced the sharpest decline in real per capita household income, which fell by 1.9%, despite a 0.9% increase in real per capita GDP.

By the fourth quarter of 2023, job vacancies per unemployed person had risen by more than 4, with the index reaching 446 units compared to 100 units in late 2019

Europe’s immediate neighborhood of the Western Balkans is facing symptoms of deterioration such as a worsening situation regarding the rule of law, rise of nationalist forces challenging international treaties and a deterioration of good neighborly relations with the European Union and its members. Political dynamics cast a shadow over the region’s economies, slowing down any […]

Only 16% of SDG targets are on track to be met globally by 2030, according to the 2024 Report on SDGs by the SDSN

A couple with children experience negative savings, averaging -€2,159 annually.

The international organization calculates an average of 6.7 billion USD in Greece over the 2021-2023 period, up from 4.15 billion USD in 2017-2019

However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.

Basic food costs and other staple products like bottled water, soft drinks, and fruit juices witnessed an increase of 13.8%, and fruits were up by 12.3%

The figures indicated that the estimated savings as a percentage of disposable income for Greeks dipped from -4.9% in 2021 to -11.3% in 2022, compelling Greeks to tap into their income to make ends meet

Property prices in Greece are surging at the fastest rate in Europe, as real estate costs far exceed the budget of the average Greek household, according to Bloomberg’s analysis

The Greek economy is forecast to grow by 2.4 percent this year and 2 percent in 2024, before again rising again to 2.4 percent in 2025, the Organisation for Economic Co-operation and Development (OECD) revealed on Wednesday, as part of its survey report The organization said Greece’s strong economic rebound in the post-pandemic period is […]

OECD Chief Economist Clare Lombardelli foresees an easing of inflation near set targets in most countries by the end of next year, while calling on EU monetary policy-makers to carefully consider decisions that don’t jeopardize growth but at the same time restrict rising prices. As per Greece, she reiterated the OECD’s forecast of ‘robust growth’, […]