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Romania surpasses Greece as 16th economy in the EU

Romania went up one place to become the 16th largest economy in the European Union (EU) in 2017. With the highest economic growth rate in the EU, of 7 per cent, Romania surpassed Greece last year, according to data from Eurostat.

2018-05-14 11:42:20

Romania's gross domestic product (GDP) reached almost 188 billion Euro, namely 1.2 per cent of EU's total GDP. Greece had a GDP of 178 billion Euro in 2017, according to Romania-Insider.

Romania also got very close to Czech Republic, which had a GDP of 192 billion Euro in 2017, and Portugal -193 billion Euro.

The European Union had a GDP of 15.3 trillion Euro in 2017, up 2.8 per cent compared to 2016. Germany, France and UK were the top three economies in the EU, generating over half of the total GDP.




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