CEE: GDP change 2022

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 -3.4 percent in 2009 due to the financial crisis. In 2020, GDP reached -3.8 percent due to the COVID-19 pandemic. In 2022, GDP increased by nearly 4.1 percent.

Gross domestic product (GDP) growth in Central and Eastern European countries compared to the European Union region from 1991 to 2022

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Release date

November 2023

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Region

EU, CEE

Survey time period

1991 to 2022

Supplementary notes

* 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.

Date of release is date of access.

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