Annual GDP growth in Eastern Europe
Eastern Europe: Annual GDP growth was 3.2% in 2024. ◆ Volatile
Annual GDP growth in Eastern Europe, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Eastern Europe is 3.2%, measured in 2024.
Compared with earlier readings it is up 29.9% on the previous year and up 133.5% over ten years.
Over the whole period, annual gdp growth in Eastern Europe peaked at 7.5% in 2006 and was at its lowest, -5.8%, in 2009.
That places Eastern Europe 15th out of 34 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Eastern Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.0% | — |
| 2001 | 4.2% | -39.2% |
| 2002 | 4.1% | -3.8% |
| 2003 | 5.8% | +42.0% |
| 2004 | 7.0% | +20.4% |
| 2005 | 5.5% | -20.4% |
| 2006 | 7.5% | +35.1% |
| 2007 | 7.5% | -0.2% |
| 2008 | 4.9% | -34.2% |
| 2009 | -5.8% | -217.1% |
| 2010 | 3.5% | -160.1% |
| 2011 | 4.2% | +20.3% |
| 2012 | 2.5% | -40.4% |
| 2013 | 1.2% | -51.0% |
| 2014 | 1.4% | +14.5% |
| 2015 | 0.2% | -84.5% |
| 2016 | 1.3% | +511.2% |
| 2017 | 3.3% | +152.8% |
| 2018 | 3.8% | +15.6% |
| 2019 | 3.1% | -19.8% |
| 2020 | -2.9% | -194.1% |
| 2021 | 5.9% | -302.8% |
| 2022 | 0.1% | -98.7% |
| 2023 | 2.5% | +3055.3% |
| 2024 | 3.2% | +29.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.8% | -5.8% | 7.5% | 10 |
| 2010s | 2.5% | 0.2% | 4.2% | 10 |
| 2020s | 1.8% | -2.9% | 5.9% | 5 |
Countries ranked near Eastern Europe
More economy & growth data for Eastern Europe
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 130.82 USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 739,675 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 967,628 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.57 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.58 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.54 % (2024)
- Gross Domestic Product — Annual growth US$ 6.16 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.21 million million USD (2024)
- Gross Domestic Product — Value US$ 4.49 million million USD (2024)
Frequently asked questions
- What is annual gdp growth in Eastern Europe?
- Annual gdp growth in Eastern Europe was 3.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Eastern Europe?
- The highest recorded value was 7.5% in 2006.
- What is the lowest annual gdp growth recorded in Eastern Europe?
- The lowest recorded value was -5.8% in 2009.
- How does Eastern Europe rank for annual gdp growth?
- Eastern Europe ranks 15th out of 34 groups with data for 2024.
- Is annual gdp growth rising or falling in Eastern Europe?
- Over the last ten years it is up 133.5%. The long-run trend across the full record is volatile.
- Where does this Eastern Europe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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