Romania posts second largest economic growth in EU in 2015

Newsroom 12/02/2016 | 14:53

Measuring a 3.8 percent increase in GDP in the last quarter of 2015 as compared to the same quarter of the previous year, Romania saw the second largest economic growth across the EU bloc, according to data released by Eurostat, the statistical office of the European Union.

Surpassed by Slovakia, with a 4 percent annual advance, Romania is followed by Poland (3.6 percent), Spain (3.5 percent), Bulgaria (3.1 percent) and Hungary (3 percent).

In the year 2015 the GDP increased by 3.7 percent as compared to 2014.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.8 percent in the EU and by 1.5 percent in the euro area in the fourth quarter of 2015, after 1.6 percent and 1.9 percent respectively in the previous quarter, statistics show. Over the whole year 2015, GDP rose by 1.8 percent in the EU28 and by 1.5 percent in the euro area.

Natalia Martian