Eurostat: Malta, Croatia and Romania, highest annual economic growth in EU, in Q3

GDP remained stable, both in EU and in the euro zone, in quarter 3, 2023, compared to the same period of 2022, after an advance of 0.5% in EU and 0.6% in the euro zone, in the period April- June 2023, according to the data released on Thursday by Eurostat.

Among EU member states, the most significant advance was recorded in Malta (7.1%), Croatia (3%) and Romania (2.9%), in quarter 3, 2023, compared to the same period of 2022. The most significant decline was in Ireland ( minus 5.4%) nd Estonia (minus 4%).

US GDP went up by 1.3% in quarter 3, 202, compared to the previous 3 months and by 3% annually.

Eurostat data show that EU economy remained stable and that in the euro zone dropped by 0.1% in 2023, compared to the previous 3 months, when an increase of 0.1% was recorded both in EU and in the euro zone.

Among EU member states, the most significant annual advance over July- September 2023 was recorded in Malta (2.4%), Poland (1.5%), Cyprus (1.1%), Romania and Hungaru ( both with 0.9%), while the most significant decline was in Ireland (minus 1.9%), Estonia (minus 1.3%) and Finland (minus 0.9%).

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