Compared to the previous quarter, Croatia recorded the second-highest rise in gross domestic product (GDP) in the EU in the October-December period, at 1.3%, followed by Slovenia with 1.1%, Eurostat said in a quarterly report last week, citing seasonally adjusted data.
Elsewhere in SEE, Romania registered the lowest annual GDP growth in the region in the fourth quarter of last year, at 1.1%, and the only quarterly decline, of 0.5%.
In the EU overall, GDP went up 0.2% in annual terms and remained unchanged compared to the previous quarter.
Data on GDP growth rates of EU member states in SEE follow (in pct):
Q4 y/y | Q4 q/q | |
Bulgaria | 1.6 | 0.5 |
Croatia | 4.3 | 1.3 |
Greece | 1.2 | 0.2 |
Romania | 1.1 | -0.5 |
Slovenia | 2.6 | 1.1 |
EU average | 0.2 | 0.0 |
Source: Eurostat