The chart above shows the GDP and change in GDP over the last year in EU regions. Although the Eastern EU had the highest growth rate last year at 8.53%, it was the Western EU that had the greatest absolute growth in the Union with a growth of €195,329,300,000 even though it had the lowest growth rate of all the regions.
- The difference between the region with the greatest absolute growth in GDP, the Western EU, and the region with the least, the Northern EU, is €164,499,100,000.
- The Western EU has 6.34 times the absolute economic growth that the Northern EU does in the past year.
- The difference between the region with the greatest growth rate in GDP, the Eastern EU, and the region with the least, the Western EU, is 6.49 percentage points.
- The Eastern EU has 4.18 times the economic growth rate that the Western EU does in the past year.
- No one region overtook another over the past year.
- All percentages are rounded to the nearest hundredth.
- The Western EU consists of Germany, United Kingdom, France, Netherlands, Belgium, Austria, Ireland, and Luxembourg.
- The Southern EU consists of Italy, Spain, Portugal, Greece, Cyprus, and Malta.
- The Eastern EU consists of Poland, Czech Republic, Romania, Hungary, Slovakia, Bulgaria, Croatia, Slovenia, Lithuania, Latvia, and Estonia.
- The Northern EU consists of Sweden, Denmark, and Finland.
The Western EU was the only region which had a state whose economy shrank in the past year in the United Kingdom.
The European Union as a whole grew by €421,612 million last year for a growth rate of 2.83%.
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.