The chart above shows change in GDP over the last year in EU states. Only Romania has grown its economy by over a tenth while the United Kingdom is the only EU state whose economy shrank over the past year.
- The difference between the state with the greatest growth in GDP, Romania, and the state with the least, Greece, is 8.63 percentage points.
- Romania has 5.25 times the economic growth that Greece does in the past year.
- The mean economic growth for the 28 states is 5.32 percent and the median is 4.68 percent.
- Northern EU states' growth ranged from 2.62 to 3.92 percent.
- Western EU states' growth ranged from -2.98 to 7.47 percent.
- Southern EU states' growth ranged from 2.03 to 9.11 percent.
- Eastern EU states' growth ranged from 4.72 to 10.66 percent.
- All figures are rounded to the nearest hundredth.
Eight of the ten fastest growing economies last year were all from the Eastern EU, with Ireland and Malta being the only non-Eastern EU states in the top ten. Ireland and Malta also performed well over the past ten years. As for the only country whose economy contracted in the past ten years, Greece, her growth was quite anemic this past year. The United Kingdom on the other hand (the only EU country whose economy contracted this past year), has had somewhat decent growth over the past decade.
The European Union as a whole has 2.83 percent growth over the same one year period ranking it just under France and above Sweden.
Eurostat. 2018. "Eurostat - Tables, Graphs and Maps Interface." Accessed June 26, 2018. http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=tec00001&plugin=1.