Romania – the highest annual economic growth in the EU in the fourth quarter 2016

According to Eurostat (European Statistics Office) Romania registered an economic growth of 4.8% in the fourth quarter 2016 compared to the same period in 2015, which is the highest growth rate in the European Union.

At the end of 2016, the Romania’s economy grew from 4.4% in the third quarter to 4.8% in the forth one.

In comparison, the eurozone economy grew by 1.7% in the fourth quarter 2016 compared to the same period of 2015, while the European Union has recorded annual economic growth of 1.8%, in both cases a smaller increase than the one recorded in the third quarter.