Agriculture, the maritime industry and tourism are important sectors of the Greek economy. Unemployment in Greece has risen markedly in recent years due to the financial crisis, and it is difficult to predict the short- and medium-term prospects for employment or economic growth.
Skills forecasts for Greece predict that demand for high- and low-skilled workers, and to a lesser extent medium-skilled workers, will all rise in the coming years. Looking forward to 2025, the share of the labour force with high level qualifications will rise, whilst the share with medium- or low level qualifications will decrease.
Greece’s working-age population (15-64) is projected to decrease in the period to 2025, with a particular drop in the share of the workforce aged 25-34, whilst the share of the labour force aged between 55-64 and 65+ will increase significantly. Labour market participation is expected to grow. Looking to the future, Greece is expected to have a significantly higher old-age dependency ratio than the EU28 average.