A glance at economic growth across Europe

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Associated Press

Posted on May 15, 2013 at 4:30 AM

The recession across the economy of the 17 European Union countries that use the euro continued into the first three months of 2013, according to the latest figures from the EU's statistical agency, Eurostat.

The figures, released Wednesday, also showed that the wider 27-country EU has slipped in to a recession — defined as two consecutive quarters of negative growth.

Here is a glance at how Europe's economies have managed.

Growth rates in Gross Domestic Product across Europe (percentage change, seasonally adjusted)
Q1 2013 vs Q1 2012Q4 vs Q3Q1 vs Q4
European Union(27 countries)-0.7-0.5-0.1
Eurozone (17 Countries)-1.0-0.6-0.2
Austria0.0-0.10.0
Belgium-0.5-0.10.1
Cyprus-4.1-1.2-1.3
Estonia1.20.6-1.0
Finland-2.0-0.6-0.1
France-0.4-0.2-0.2
Germany-0.3-0.70.1
Greece-5.3n/an/a
Irelandn/a0.0n/a
Italy-2.3-0.9-0.5
Luxembourgn/a1.6n/a
Maltan/a-0.2n/a
Netherlands-1.3-0.4-0.1
Portugal-3.9-1.8-0.3
Slovenian/a-1.0n/a
Slovakia0.90.10.3
Spain-2.0-0.8-0.5
Remaining EU members
Bulgaria0.40.00.1
Czech Republic-1.9-0.3-0.8
Denmarkn/a-0.7n/a
Hungary-0.3-0.40.7
Latvia5.61.31.2
Lithuania4.10.71.3
Poland0.40.00.1
Romania1.30.40.5
Swedenn/a0.0n/a
United Kingdom0.6-0.30.3
United States1.80.10.6

Source: Eurostat

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