Economic Growth

Which is Europe’s best-performing economy?

Joe Myers
Writer, Forum Agenda

Eurostat has released its latest batch of quarterly GDP figures for Europe, and they show that Finland’s economy was the worst performer in the past quarter – declining by 0.6% compared with the previous quarter. At the other end of the scale, Romania saw the most growth, with a 1.4% quarterly increase.

The following chart shows the results for the third quarter of 2015 for European economies. Using data from Eurostat, it indicates the percentage change compared with the second quarter of 2015.

1511B48-european economies finland romania poland

Two other European nations experienced negative growth in the previous quarter: both Greece and Estonia, with -0.5%. Conversely, Poland and Slovakia are joint second – both countries saw growth of 0.9%.

As the chart shows, growth across the continent was generally positive in the last quarter – average growth stood at 0.3% over the period.

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Author: Joe Myers is a Digital Content Producer at Formative Content.

Image: Flags of European Union member states fly in front of the European Parliament building in Strasbourg, April 15, 2014. REUTERS/Vincent Kessler

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