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

Nov 16, 2016

A teller counts euro banknotes inside a National Bank of Greece branch in Athens February 10, 2010. Euro zone countries held intensive talks on Wednesday on a possible rescue for Greece, whose debt crisis has shaken the entire currency union, as civil servants staged the first big strike against Athens' austerity plans. Financial markets gave Greece some respite as investors hoped that other European governments would help Athens to head off a possible default on its debt repayments. REUTERS/John Kolesidis (GREECE - Tags: BUSINESS POLITICS IMAGES OF THE DAY) - RTR2A1JP

Europe's fastest growing economies.

Image: REUTERS/John Kolesidis

Keith Breene

Senior Writer, Forum Agenda

Our Impact

What's the World Economic Forum doing to accelerate action on Economic Growth?

The Big Picture

Explore and monitor how European Union is affecting economies, industries and global issues

Stay up to date:

European Union

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.

Which European economies are growing fastest?

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%.

Have you read?

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.

EU28, euro area and the United States GDP growth rates

Image: Eurostat

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.