Greece

Country profiles
Country profiles

Greece

  • Corporate Tax Haven Index ranking: 61
  • Financial Secrecy Index ranking: 103
  • Tax loss each year to tax havens: $1,358,760,428
  • Tax loss inflicted on other countries: $16,353,763

Country profile

Tax abuse losses

$1,358,760,428

lost in tax every year to global tax abuse

$353,785,574

lost to tax avoidance committed by multinational corporations

$1,004,974,854

lost to tax evasion committed by private individuals

  • Equivalent to 2.38% tax revenue (tax revenue in 2020 : $57,087,767,282 trillion)
  • Equivalent to loss of $125 per member of population (Population: 10,852,459.30)
  • Smaller than Global Average tax revenue Loss 2.61%
  • Smaller than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#61

Global Rank (First is Worst)

39.06/100

Haven Score (100 is Worst)

0.14%

Share of global tax havenry

Financial Secrecy Index 2020
#103

Global Rank (First is Worst)

51.48/100

Haven Score (100 is Worst)

0.27%

Share of global tax secrecy

Harm to other countries

$16,353,763

in tax lost by other countries

$16,353,763

by enabling corporate tax avoidance

$0

by enabling private tax evasion

Responsible for 0.00% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
1,296 nurses

Social impact of lost tax

Tax loss equivalent to 11.77% of health budget
Tax loss equivalent to N/A of education spendings
Suffered tax loss equivalent to paying yearly salaries of
59,835 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward FDI
Vulnerable Score for this channel is 60.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Cyprus (20.5%)
Netherlands (11.9%)
United States (10.0%)

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