Greece’s economy ranked among the top five for 2024

·

Greece’s economy continues to demonstrate strong growth, securing third place globally in the Economist’s annual ranking for 2024, tied with Denmark, protothema.gr has reported. This marks a slight shift from last year, when Greece was ranked first.

Spain leads the list this year, followed by Ireland in second place.

The Economist highlights the ongoing rise of Mediterranean economies for the third consecutive year. Notably, Greece and Italy—often associated with past Eurozone challenges—are showing robust recovery and sustained progress.

Ireland’s position reflects its success in attracting major tech companies, while Denmark benefits from the pharmaceutical giant Novo Nordisk, known for its Ozempic product.

In contrast, northern European nations, including Britain and Germany, report slower growth. At the bottom of the rankings are Latvia and Estonia, maintaining the last positions they held in 2022.

Israel also stands out as a strong performer, according to OECD data. Its notable growth follows a recovery from a sharp economic downturn in late 2023, triggered by its conflict with Hamas.

Greece’s placement underscores its resilience and highlights the broader economic recovery in the Mediterranean region.

Source: protothema.com

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Alumni excellence celebrated in style at Oakleigh Grammar

Oakleigh Grammar has inducted two more former students into the prestigious Alumni Hall of Fame.

A pilgrimage to heroic Souli: Remembering the legacy of the Souliotes and Souliotises

Nestled in the rugged mountains of Epirus, Souli is more than just a historical site—it is a symbol of resilience and bravery.

The First Ecumenical Council of Nicaea: Defining Orthodoxy and preserving Hellenism

The First Ecumenical Council of Nicaea, convened in 325 AD by Emperor Constantine the Great, stands as a pivotal event in Christian history.

From PAK to PASOK: Sakis Gekas to lecture on anti-dictatorship resistance in Toronto

The talk will feature some of the key moments of the anti-dictatorship struggle and its manifestations in the public sphere.

US urges EU to abandon protections for feta and other regional products

The United States is ramping up pressure on the European Union to eliminate its system of geographical indications.

You May Also Like

Two guest speakers announced for the fifth annual Breakfast for Brain Cancer

The Brain Cancer Group’s (TBCG) Dr Jackie Yim and Dr Alexander Yuile will be guest speakers at the 5th Annual Breakfast for Brain Cancer.

Nick Kyrgios and Thanasi Kokkinakis qualify for ATP Finals doubles

The Special Ks, Nick Kyrgios and Thanasis Kokkinakis, have qualified for the ATP Finals doubles tournament for the first time.

Three stolen ancient artifacts repatriated to Greece

Emory University's Michael C. Carlos Museum is set to repatriate to Greece three ancient artifacts, which were believed to have been looted.