Between 1991 and 2019, the Gross Domestic Product for Central and Eastern European countries increased by six percent. The region's largest GDP was recorded at 6.6 percent in 2006. However, after 2006, GDP for the CEE countries fell to -3.5 percent in 2009 due to the financial crisis. In 2020, GDP reached -3.4 percent due to the COVID-19 pandemic. In 2023, GDP increased by 0.5 percent.
Gross domestic product (GDP) growth in Central and Eastern European countries compared to the European Union region from 1991 to 2023
* CEE region contains data on following countries: Bulgaria, Croatia, Czechia,
Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia.
Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
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World Bank. (November 16, 2024). Gross domestic product (GDP) growth in Central and Eastern European countries compared to the European Union region from 1991 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1187041/cee-gdp-change/
World Bank. "Gross domestic product (GDP) growth in Central and Eastern European countries compared to the European Union region from 1991 to 2023." Chart. November 16, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1187041/cee-gdp-change/
World Bank. (2024). Gross domestic product (GDP) growth in Central and Eastern European countries compared to the European Union region from 1991 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1187041/cee-gdp-change/
World Bank. "Gross Domestic Product (Gdp) Growth in Central and Eastern European Countries Compared to The European Union Region from 1991 to 2023." Statista, Statista Inc., 16 Nov 2024, https://www.statista.com/statistics/1187041/cee-gdp-change/
World Bank, Gross domestic product (GDP) growth in Central and Eastern European countries compared to the European Union region from 1991 to 2023 Statista, https://www.statista.com/statistics/1187041/cee-gdp-change/ (last visited November 21, 2024)
Gross domestic product (GDP) growth in Central and Eastern European countries compared to the European Union region from 1991 to 2023 [Graph], World Bank, November 16, 2024. [Online]. Available: https://www.statista.com/statistics/1187041/cee-gdp-change/