Economic growth in the fourth quarter 2022 compared with fourth quarter 2021 was 2.1% in Bulgaria, 0.3% in Poland, 0.9% in Hungary, 0.4% in the Czech Republic, 1.7% in Italy and 2.7% in Spain.

In the fourth quarter compared with the third quarter of 2022, Romania ranked second again, with 1.1%, behind Ireland, 3.5%, and tied with Denmark and Cyprus.

In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and was flat in the EU, compared with the previous quarter, according to an estimate published by Eurostat.

In the third quarter of 2022, GDP had grown by 0.3% in the euro area and by 0.4% in the EU.

Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 1.9% in the euro area and by 1.8% in the EU in the fourth quarter of 2022, after +2.3% in the euro area and +2.5% in the EU in the previous quarter.

During the fourth quarter of 2022, GDP in the United States increased by 0.7% compared to the previous quarter (after +0.8 in the third quarter of 2022). Compared with the same quarter of the previous year, GDP increased by 1.0% (after +1.9% in the previous quarter).

(English version by Loredana Fratila-Cristescu)