CROATIA'S GROWTH RATE MOST DYNAMIC IN REGION

Published: 27 May 2003 y., Tuesday
A 5.2% rise in Croatia's Gross Domestic Product in 2002 was more dynamic in comparison to the growth rate in the neighborhood or in some other individual countries, if a degree of development and of GDP of those countries is taken into consideration. According to the European Union's statistical office (EUROSTAT), the last year's rise in GDP in the euro-zone was 0.8 percent, in the United States 2.4 percent and in Japan 0.4 percent. The most dynamic growth in Europe was realised in Greece with four (4) percent and Spain with two (2) percent. According to the bulletin called Economic Trends (in an unofficial translation), issued by the Croatian Chamber of Commerce, it is more important to compare Croatia to other transition countries because of the level of their development. Thus, the Czech Republic registered two-percent growth of GDP in 2002, while Slovakia, Hungary and Slovenia had 4.4-percent, 3.3-percent, 3.1 percent respectively. Higher growth rates than in Croatia were registered in Baltic countries with Latvia's highest rate of 6.7 percent.
Šaltinis: HNA
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Equal pay for women - not yet

Women in the EU earn on average 18% less than men - a gap that has scarcely narrowed over the last 15 years and in some countries has even grown. more »

EU's biggest-ever energy package

43 gas and electricity projects to split €2.3bn, the most the EU has ever spent on energy infrastructure in a single package. more »

Georgia to gradually integrate into the European common aviation market

Georgia and the European Union have initialled a comprehensive air services agreement at a meeting in Tbilisi, Georgia, today which will open up and integrate the respective markets, strengthen cooperation and offer new opportunities for consumers and operators. more »

Mobility Programme for Business and Industry calls for applications

In order to vitalize and strengthen cooperation of business stakeholders in the region, the Nordic and Baltic countries continue running joint mobility programme. more »

EBRD and Société Générale support economies in Serbia

The EBRD is boosting the availability of financing to the real economy sector in Serbia, with a €20 million credit line to Société Générale Serbia for on-lending to small and medium enterprises. more »

Armenia’s Ameriabank receives EBRD financing

The EBRD is supporting the development of the private sector in Armenia and increases further the availability of financing in the real economy sector with a $10 million loan to Ameriabank for on lending to local companies under its Medium Sized Co-financing Facility (MCFF). more »

EBRD funds modernisation of roads in Albania

The EBRD is supporting the modernisation and improvement of transport infrastructure in Albania with a €50 million sovereign loan to finance the rehabilitation of regional and local roads in the country. more »

Latvia: Social Investment Fund III Project Second Additional Financing

Given the deep impact Latvia has suffered in the wake of the global crisis, and due to the emergency nature of this program, the first operation will focus mainly on the first and second objectives. more »

IMF Managing Director Dominique Strauss-Kahn to Visit Africa to Deepen Dialogue on the Continent’s Economic Challenges

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will visit Africa March 7-11, to discuss opportunities and challenges facing African economies in the wake of the global crisis. more »

2011 budget: focus on youth and economic recovery

Without enough money, the EU 2020 strategy risks turning into "another vague scoreboard for the Member States", the EP Budgets Committee warned on Thursday when adopting its priorities for the 2011 budget. more »