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Croatia leads in annual GDP growth among EU states in SEE in Q3

Dec 7, 2023, 4:36:29 PMArticle by Mihaela Miteva
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December 7 (SeeNews) - Croatia's real economy expanded by an annual 3% in the third quarter of 2023, marking the largest increase among EU member states in Southeast Europe (SEE), closely followed by Romania with 2.9%, the bloc's statistical office said on Thursday.

Croatia leads in annual GDP growth among EU states in SEE in Q3
Author: MPD01605. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

Compared to the previous quarter, Romania registered the highest growth in gross domestic product (GDP) among EU states in SEE in July-September, at 0.9%, Eurostat said in a quarterly report, citing seasonally adjusted data.

Elsewhere in SEE, Slovenia was the only country to record a quarterly GDP decline, of 0.2%.

Slovenia also posted the lowest annual GDP growth in the region in the third quarter of this year, at 1.6%.

In the EU overall, GDP remained unchanged both in annual and quarterly terms.

Data on GDP growth rates of EU member states in SEE follow (in pct):

Q3 y/y Q3 q/q
Bulgaria 1.8 0.4
Croatia 3.0 0.3
Greece 2.1 0.0
Romania 2.9 0.9
Slovenia 1.6 -0.2
EU average 0.0 0.0

Source: Eurostat

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