GDP in the Second Quarter of 2017 Increased by 0.7% in the EU-28

Business » FINANCE | September 8, 2017, Friday // 14:10| Views: | Comments: 0
  • Send to Kindle
Bulgaria: GDP in the Second Quarter of 2017 Increased by 0.7% in the EU-28 pixabay.com

Gross Domestic Product (GDP) in the second quarter of 2017 increased by 0.7% in the EU-28 compared to the previous quarter by seasonally adjusted data. For the same period, GDP in Bulgaria increased by 1.0%, according to data of the National Statistical Institute (NSI). 

Compared to the previous quarter in the second quarter of 2017 the Czech Republic recorded the highest economic growth - 2.5%, Sweden - 1.7%, Romania - 1.6%, the Netherlands - 1.5%, Estonia - 1.3%, while the lowest growth was registered by the United Kingdom and Portugal - by 0.3%.

Compared to the same quarter of the previous year, seasonally adjusted data showed an increase in GDP in the EU-28 by 2.4% and in Bulgaria by 3.6%. In the second quarter of 2017, compared to the same quarter of the previous year, the highest economic growth was seen in Romania - 5.7%, Estonia and Slovenia - 5.2%, Latvia - 4.8%, Czech Republic - 4.7%, while lowest economic growth is observed in Greece - 0.8%

Finance » Be a reporter: Write and send your article
Tags: National Statistical Institute, NSI, GDP, gross domestic product
Expats.bg All Are Welcome! Join Now!
Advertisement
Advertisement
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria