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
