Seasonally adjusted GDP rose by 0.2% in both the euro area (EA19) and the EU28 during the fourth quarter of 2018, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union.
In the third quarter of 2018, GDP had grown by 0.2% in the euro area and by 0.3% in the EU28.
Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.2% in the euro area and by 1.4% in the EU28 in the fourth quarter of 2018, after +1.6% and +1.8% respectively in the third quarter.
Over the whole year 2018, GDP rose by 1.8% in the euro area and by 1.9% in the EU28, based on seasonally and calendar adjusted quarterly data. The annual growth rate for 2017 was +2.4% for both the euro area and the EU28.
With an economic growth of 4% in Q4 2018 as compared to Q4 2017, Romania ranks 4th in the EU, on the same level as Slovakia, in Latvia-led rankings, with a growth of 5.5%, followed by Hungary with 4.8% and Poland (4.6%).