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

First woman wins Nobel Economics

Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics. more »

435 construction workers in the Netherlands to receive help from EU Globalisation Fund

The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs. more »

Lithuanian biotech products conquer China

Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China. more »

Foreign trade of Lithuania in January– August 2009

Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion. more »

AB „Finasta Holding“ will control „Finasta“ group and other companies of bank SNORAS group, engaging in financial investment activity

On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management. more »

Bust airlines - MEPs back compensation for grounded passengers

If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund. more »

Crisis lessons

Euro report says currency provided protection from interest and exchange rate turbulence. more »

Prices for industrial production in September 2009 dropped by 1.6 per cent

Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent. more »

IFIs pledge continued drive to support Central and Eastern Europe through recovery

The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe. more »

DnB NORD Bank to approve new note issue programme

The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months. more »