SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Croatia posts EU's highest annual GDP growth in Q4

Mar 12, 2024, 4:06:46 PMArticle by Mihaela Miteva
share
March 12 (SeeNews) - Croatia's real economy expanded by an annual 4.3% in the last quarter of 2023, marking the largest increase in the EU, alongside Malta, and among EU member states in Southeast Europe (SEE), the bloc's statistical office said.

Croatia posts EU's highest annual GDP growth in Q4
License: CC0 Creative Commons

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

Read next

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.