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Croatia Leads SEE in Q3 GDP Growth, Romania Close Second

Croatia's real economy experienced a 3% annual expansion in the third quarter of 2023, representing the largest growth amongst European Union (EU) member states in Southeast Europe (SEE). 

This was closely followed by Romania, which saw a 2.9% increase, according to the EU’s statistical office, Eurostat, which released the information on Thursday.

In terms of quarterly growth, Romania led the EU states in SEE with a 0.9% increase in gross domestic product (GDP) during July-September, based on seasonally adjusted data, as reported by Eurostat in its quarterly review.

In other developments within SEE, Slovenia was the sole nation to experience a decline in quarterly GDP, which fell by 0.2%.

Additionally, Slovenia recorded the lowest annual GDP growth in the region for the third quarter of the year, at 1.6%.Across the EU as a whole, GDP figures remained constant in both annual and quarterly comparisons.

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