Slovenia’s GDP Among the Fastest Growing in the EU

By , 08 Dec 2017, 13:57 PM Business
Graph from the EU report Graph from the EU report

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Romania tops the list for Q3 2017, while Denmark shrinks. 

December 8, 2017

Confirming government optimism about Slovenia’s economy, Eurostat figures for Europe’s GDP, as a whole and broken down by member state, were released yesterday and showed the country as one of the top performers in the third quarter of 2017. As seen in the table at the top of this story, excerpted from the official report by the statistical office of the EU, in (PDF link), Slovenia enjoyed growth of 1.0% compared to Q2, well above the average of 0.28% in the Eurozone and EU28. When compared with Q3 2016, Slovenia had 4.9% growth, just over than twice the average rise of 2.4% seen in both EU groupings.

The top performing country in terms of growth from Q2 was Romania (2.6%), followed by Malta (1.9%), Latvia (1.5%) and Poland (1.2%), with Slovenia in fifth place. Denmark was the worst performer among the 25 states for which data was available, and the only county to see a contraction iin its economy, with a fall of 0.6%.

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