Monday, 25 March 2019

Croatia’s economy makes up less one percent of European Union GDP

By  Nov 07, 2018

Three countries generated over half of the European Union's overall budget in 2017, Germany, the UK and France, hardly surprising as these are the three largest economies in the European Union.

The GDP for 2017 reached a massive €15.3 trillion with Germany with a GDP od €3,300 billion was the largest economy in the EU and generated a fifth of the entire European Union 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 came in the bottom half of the economic list. In fact, Croatia’s GDP accounted for a mere 0.3 percent of the EU GDP in 2017. The same figure was produced by Bulgaria, Slovenian and Lithuania.

The Voice of Dubrovnik


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