Croatia generated less than one percent EU GDP in 2017

NEWS 11.05.2018 19:59
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Source: Pixabay

Over a half of EU's gross domestic product last year was generated by its three leading economies, Germany, the United Kingdom, and France, while Croatia had less than one percent share, Eurostat said on Friday.

On the EU28 level, GDP for 2017 reached €15,3 trillion at current prices. Germany, with a GDP of nearly €3,300 billion, was the leading EU economy, generating over a fifth (21.3 percent) of EU GDP.

The United Kingdom remained second despite a 0.9 percent drop in the EU GDP share between 2016 and 2017. It generated 15.2 percent of GDP, just 0.3 percent more than France (14.9 percent). The top three countries are followed by Italy (11.2 percent), Spain (7.6 percent), and the Netherlands (4.8 percent).

Croatia’s share in EU GDP in 2017 was 0.3 percent, the same as Bulgaria, Slovenia, and Lithuania. Other countries with less than one percent share were Hungary (0.8 percent), Slovakia (0.6 percent), Luxembourg (0.4 percent), and Latvia and Estonia with 0.2 percent.

Countries in the euro zone accounted for 72.9 percent share in the EU GDP last year, half of which was generated by Germany (29.2 percent) and France (20.5 percent).