ZAGREB, May 25 (Hina) - A 5.2-percent rise in Croatia's Gross Domestic Product in 2002 was more dynamic in comparison to the growth rate in the neighbourhood or in some other individual countries, if a degree of development and of GDP
of those countries is taken into consideration.
ZAGREB, May 25 (Hina) - A 5.2-percent rise in Croatia's Gross
Domestic Product in 2002 was more dynamic in comparison to the
growth rate in the neighbourhood or in some other individual
countries, if a degree of development and of GDP of those countries
is taken into consideration. #L#
According to the European Union's statistical office (EUROSTAT),
the last year's rise in GDP in the euro-zone was 0.8 percent, in the
United States 2.4 percent and in Japan 0.4 percent. The most dynamic
growth in Europe was realised in Greece with four (4) percent and
Spain with two (2) percent.
According to the bulletin called Economic Trends (in an unofficial
translation), issued by the Croatian Chamber of Commerce, it is
more important to compare Croatia to other transition countries
because of the level of their development. Thus, the Czech Republic
registered two-percent growth of GDP in 2002, while Slovakia,
Hungary and Slovenia had 4.4-percent, 3.3-percent, 3.1 percent
respectively.
Higher growth rates than in Croatia were registered in Baltic
countries with Latvia's highest rate of 6.7 percent.
(hina) ms