Europe's economies are growing, but which is performing the best?

Nov 16, 2016

Europe's fastest growing economies.

Image: REUTERS/John Kolesidis

Keith Breene

Senior Writer, Forum Agenda

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Slow but consistent growth across Europe is evident in the latest batch of quarterly GDP figures released by Eurostat.

For the first time in a year, no economy has shown a fall in GDP. Instead, all have grown between 0.1% and 0.8% compared with the second quarter of 2016.

The seasonally adjusted figures show Bulgaria and Portugal as top performers with 0.8% growth, closely followed by Cyprus, The Netherlands, Slovakia and Spain with 0.7%.

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The larger EU economies fared less well. German growth fell to 0.2%, the same as France. The UK grew by 0.5%

GDP rose 0.4% in the EU as a whole during the third quarter of 2016, compared with the previous quarter. That compares with 0.7% in the U.S.

Image: Eurostat

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