Market Intelligence Reports

Global Market Report Q4 2021

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47 Greece Q4 2021 Total Labor Force (000s) 4,648 Employed Workers (000s) 4,044 Unemployed Workers (000s) 604 Unemployment Rate 13.0% 3,966 3,933 3,821 3,759 4,044 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 16.7% 16.1% 16.8% 16.0% 13.0% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 68% - First Vaccine Dose (December 2021) Covid Update Nursing home staff and healthcare workers must be vaccinated. All private and public sector workers who are not vaccinated need to test once a week at their own expense. Vaccinations are required for entry into restaurants, bars and entertainment venues. 24% 22% 24% 0% 25% 50% 75% Employer Tax Profit Tax VAT Greece Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $1,429 $1,895 $5.00 $0 $5 $10 $15 $0 $2,500 $5,000 $7,500 Average Wage Manufacturing Wage Minimum Wage Greece Regional Average 12,570 6,685 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2019 2020 2021 Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics Hiring Demand Trend EUROSTAT Monthly Hourly In June, there were over 12K open job vacancies. Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://ec.europa.eu/eurostat

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