NationsData
Country Comparison

Greece vs Turkey

A data-driven side-by-side: investment score, economy, business climate, political stability, and tax, to help you decide where to invest, incorporate, or relocate.

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Greece

Europe & Central Asia

Leader
65/ 100Moderate
Credit: NRGDP: $238bn
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Turkey

Europe & Central Asia

42/ 100Caution
Credit: B+GDP: $1,130bn

Overall: Greece ranks higher

Greece scores 65/100 on our composite investment index, ahead of Turkey at 42/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.

Category breakdown

62

Economic strength

Greece leads

42

65

Political stability

Greece leads

30

62

Business climate

Greece leads

45

64

Financial maturity

Greece leads

35

72

Growth outlook

Greece leads

58

Macro snapshot

238

GDP (USD bn)

-891.8 bn

1,130

2.2%

GDP growth (%)

-2.3 pp

4.5%

$22,840

GDP per capita (USD)

+9840.0

$13,000

2.8%

Inflation (%)

-55.2 pp

58.0%

3.5%

FDI (% of GDP)

+2.5 pp

1.0%

163%

Public debt (% of GDP)

+127.5 pp

35%

10.4

Population (M)

-75.6M

86

Greece: strong sectors

  • Tourism20.8% of GDP78
  • Shipping7.5% of GDP72
  • Energy4.2% of GDP62
  • Agriculture3.8% of GDP58

Turkey: strong sectors

  • Tourism5.0% of GDP78
  • Automotive4.0% of GDP72
  • Manufacturing22.0% of GDP68
  • Construction6.0% of GDP55

Frequently asked

Which is better for investment: Greece or Turkey?

Our composite investment index gives Greece a score of 65/100 and Turkey a score of 42/100. Greece ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.

Is Greece a safer market than Turkey?

Risk classification puts Greece as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Turkey as caution (Significant risks present - experienced investors with hedging strategies).

Which has higher GDP growth: Greece or Turkey?

Greece is currently growing at 2.2% per year, vs 4.5% for Turkey. Turkey has the faster headline growth rate today.

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