- Published: 27.11.2015.
Croatia among fastest-growing economies in EU
The national statistical office (DZS) presented figures showing a 2.8 percent rise in the national economy in Q3, said that the seasonally adjusted GDP figures on annual and quarterly comparisons put Croatia among the fastest growing economies in the 28-strong European bloc.
Seasonally adjusted statistics, comparable with figures from other EU countries, show that Croatia's GDP rose 2.7% in Q3 2015 year on year, while the original data put this rate at 2.8%.
Croatia's economy in Q3 rose 1.3% compared to Q2, and Kristof pointed out that Q3 2015 was the fifth consecutive quarter with growth quarter on quarter.
The average EU growth in Q3 was 1.9% year on year, and Croatia's 2.7% rise ranks the country as the seventh fastest growing economy in the EU, according to Kristof's explanation.
Furthermore, the average quarter-on-quarter rate for all EU member-states is 0.4%, and Croatia's 1.3% is the second best result, Kristof said.
(Text: Hina)
(Text: Hina)