Investor Presentaiton
DIVERSIFIED SOURCES OF CAPITAL
FOREIGN DIRECT INVESTMENTS
FDI up 3.2% y/y to US$ 728.4mn in 9M21
2.5
2.0
1.5
7.1%
7.5%
6.4%
6.0%
1.0
0.5
0.0
FDI, US$ bn
12.2%
10.4% 11.6% 10.9%
Remittances, US$ bn
Remittances as % of GDP
FDI, as % of GDP
TOURISM REVENUES
Source: Geostat
Source: NBG, Geostat
4.0
18%
15%
3.2
Tourism revenues up 11x y/y to US$
114mn in Jan-22, representing 69.3% of
Jan-19 level
24%
16.6% 18.3% 18.7%
20%
13.9%
12%
12.5%
16%
2.4
7.5%
7.6%
10.0% 10.1%
9%
8.6%
12%
1.6
3.6%
6%
5.4% 6.3%
6.7%
8%
0.8
3.4%
3%
4%
0%
0.0
0%
REMITTANCES - STEADY SOURCE OF EXTERNAL
FUNDING
Source: NBG, Geostat
PUBLIC EXTERNAL BORROWING FOR CAPEX,
% OF GDP
Source: MOF, Geostat
2.8
Remittances up 12.7% y/y to US$ 168.8mn in Jan-22
12.6% 14%
7%
11.9%
5.8%
2.4
9.9%
12%
6%
5.4%
2.0
8.6% 8.4% 8.1%
8.6%
9.0%
8.2%
8.5%
2.3
10%
7.2% 7.6%
5%
1.6
1.9
8%
4%
1.7
1.2
1.5
S
1.6
1.4
6%
3.2%
3.1% 3.0%
3.3%
3.1%
1.3 1.3
1.4
3%
2.8%
0.8
1.1
1.1 1.2
2.5%
2.0%
4%
2%
0.4
2%
1%
0.0
0%
0%
2021E
Tourism revenues, US$ bn
Tourism revenues as % of GDP
2014
2015
2016
2017
2018
2019
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