Analytics, Economics, EU – Baltic States, GDP

Estonia recorded the steepest GDP growth among all European Union countries for which data are available – 1.2%. Poland and Romania each registered 1.1% GDP growth, while Slovakia's GDP increased 1%.

On the other hand, Greece recorded a 0.6% GDP reduction, while Finland's GDP decreased 0.1%.

Lithuania's GDP increased 0.5% in the fourth quarter.

The EU's GDP increased 0.3%, and the euro area's GDP as much.

Year-on-year, the EU registered 1.8% growth, while the eurozone's GDP increased 1.5%.

Latvia's GDP increased 2.6% in the fourth quarter as compared to the fourth quarter of 2014, which was the eighth fastest growth in the EU.

Slovakia's GDP rose 4%, followed by Romania – 3.8%, and Poland – 3.6%.

Estonia's GDP increased 0.9% from the fourth quarter of 2014, while Lithuania recorded 2.1% growth.

GDP increased in all member states in the fourth quarter, except in Greece and Finland where GDP fell, respectively, 1.9% and 0.2%.