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OECD Projects Greek GDP to Reach 2% in 2025

OECD Projects Greek GDP to Reach 2% in 2025

Hellenic Shipping News

Greece’s GDP growth is projected to reach 2% in 2025 and

Greece’s GDP growth is projected to reach 2% in 2025 and 2.1% in 2026, according to the latest Economic Outlook report on global economic prospects released by the OECD.

According to estimates, investments will be bolstered by disbursements from the EU’s Recovery and Resilience Facility, while increases in the minimum wage are expected to support consumption, even as exports slow in line with weaker external demand.

Inflation is set to ease to 2% by 2026, aided by lower oil prices, a development partially offset by persistent elevated trade costs and nagging inflation in services.

The report also warns that delays in absorbing EU funds, excessive wage increases, or new extreme weather events could negatively affect economic prospects.

The report also warns that delays in absorbing EU funds, excessive wage increases, or new extreme weather events could negatively affect economic prospects.

Climate change, manifesting through extreme weather events, is one of the key risks to Greece’s economy, the report warns.

While the organization remains optimistic about Greece’s overall economic outlook—highlighting growth and improvements in core macroeconomic indicators such as the debt-to-GDP ratio—it specifically flags the potential reoccurrence of extreme weather as a threat to those positive

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