Lidl Greece contributed €1.01 billion to the country's Gross Domestic Product (GDP) in 2023, according to the company's ninth Socioeconomic Impact Report.
This figure represents 0.53% of Greece's GDP, the report noted.
Lidl Greece's tax contributions to the state for the year reached €417 million, reflecting an increase of 1567% compared to the company's first year of operation in the country in 1999.
The discounter is also one of the largest employers in the country with 231 stores and five domestic logistics centres.
It supports a total of more than 35,756 jobs – direct, indirect, or induced – in the Greek economy. This figure corresponds to 0.74% of the country's total employment, according to the report.
Lidl Greece
Lidl Greece has invested around €1.29 million in sponsorships, monetary donations and social and environmental measures.
The company's investment in social and environmental causes amounted to €884,100, while €407,600 was spent on products offered to vulnerable social groups.
Lidl Greece aims to reduce plastic use by 30% by 2025. It has also pledged to increase the average recycled content of plastic in private-label packaging to 25%.
The company's Socioeconomic Impact Report, which is prepared every year, offers a general evaluation of the economic and social effects created by its operation in Greece.
Elsewhere, Lidl GB has reported turnover growth of 16.9%, to approximately £11 billion (€13.2 billion), in its full financial year to February 2024.
The discounter's earnings before interest and tax [EBIT] increased to £220.8 million (€264.96 million), from £28.5 million (€34.2 million) in 2023.
Lidl GB emerged as the fastest-growing UK supermarket in this period, with 60% of households shopping with the discounter.
