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Greece

CAPITAL

Athens

GDP

$239 billion

REGION

Europe

GDP PER CAPITA, PPP

$39,540

POPULATION

10,341,000

AREA

131,957 SQ.KM

Greece holds exceptional historical and contemporary significance as the birthplace of Western democracy and philosophy, maintaining cultural influence extending far beyond its Mediterranean territory. With approximately 10.3 million inhabitants, Greece occupies a strategic position bridging Europe, Asia, and Africa. The country’s archipelago of over 6,000 islands and mountainous mainland create diverse economic opportunities and cultural regions.

The Greek economy has recovered substantially from its severe financial crisis through structural reforms
and economic diversification. Tourism constitutes the primary economic driver, with Greece’s islands, ancient ruins, and Mediterranean culture attracting millions of visitors annually. Shipping represents another traditional Greek strength, with the country maintaining one of the world’s largest merchant fleets. Agriculture, particularly olive oil and wine production, sustains both domestic and export markets. Greece increasingly attracts technology investment and digital innovation.

Greece demonstrates resilience through strong democratic institutions and social cohesion despite
economic challenges. As a NATO member and EU participant, Greece contributes to regional security and
European integration, particularly regarding Balkans engagement. Quality of life remains high, supported
by Mediterranean climate, cultural vitality, and family-centered social structures. Greece faces ongoing challenges including high unemployment, particularly among youth. The country continues investing in digital transformation and green energy while leveraging tourism appeal and cultural heritage.

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The country description included in this report was developed with the assistance of artificial intelligence.

David J. Reibstein, Ph.D.

The William S. Woodside Professor and

Professor of Marketing

Office

The Wharton School

University of Pennsylvania

3730 Walnut Street, 743 JMHH

Philadelphia, PA  19104

contact

Email: reibstein@wharton.upenn.edu
Telephone: 215-898-6643
Fax: 215-573-2129

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