Greece is among the top 20 countries for entrepreneurs and startupsaccording to a recent study conducted by Compare the marketa UK-based insurance comparison website.
The study examined several parameters in 34 countries across the Organization for Economic Co-operation and Development (OECD)including the percentage of small and medium enterprises (SMEs) of all businesses, the number of active businesses, GDP per hour worked in USD, and the self-employment rate.
Source: Compare the Market.
Greece obtained an index of 5.55 out of 10tied with Sweden at number 13 on the list.
The country’s score is explained by its high percentage of SMEs, which constitute 99.75 percent of all companies in the country.
Furthermore, Greece had a self-employment rate of 31.83 percentamong the highest of the 34 countries studied, indicating that it has a strong entrepreneurial culture.
Source: Compare the Market.
However, Greece’s score was lowered by its low GDP per hour worked, which was $33.18the third lowest on the list.
ItalyTHE The NetherlandsAnd Türkiye were ranked among the top three countries for entrepreneurs, with indices of 7.77, 7.57 and 7.02 out of 10, respectively, with France and Spain rounding out the top 5.
Source: Compare the Market.
Estonia, Costa Rica And Latviadid not rank well among entrepreneurs finishing last on the list with index scores below 3 out of 10.
The study noted that while these indicators may indicate good opportunities for entrepreneurs, they are not the only factors that contribute to a country’s growth. entrepreneurial ecosystem.
Other factors, such as government policiesaccess to fundingand cultural attitudes toward entrepreneurship may also play an important role.
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