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Selected papers~ SPECIAL EDITION - Index of

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Europe 1<br />

Real GDP growth and CPI inflation (%) in European countries<br />

Countries with developed<br />

economy 1<br />

34<br />

Annex 1<br />

Real GDP growth Average CPI inflation<br />

2009 2010 2011 2012 2009 2010 2011 2012<br />

-4.5 2.4 2.4 2.6 2.7 3.0 3.8 3.0<br />

-4.0 1.7 1.7 1.9 0.7 1.9 2.5 1.8<br />

Emerging economies -5.9 4.2 4.3 4.3 8.5 6.3 7.3 6.2<br />

European Union 1<br />

-4.1 1.8 1.8 2.1 0.9 2.0 2.7 1.9<br />

Euro area -4.1 1.7 1.6 1.8 0.3 1.6 2.3 1.7<br />

Austria -3.9 2.0 2.4 2.3 0.4 1.7 2.5 2.0<br />

Belgium -2.7 2.0 1.7 1.9 0.0 2.3 2.9 2.3<br />

Cyprus -1.7 1.0 1.7 2.2 0.2 2.6 3.9 2.8<br />

Estonia -13.9 3.1 3.3 3.7 -0.1 2.9 4.7 2.1<br />

Finland -8.2 3.1 3.1 2.5 1.6 1.7 3.0 2.1<br />

France -2.5 1.5 1.6 1.8 0.1 1.7 2.1 1.7<br />

Germany -4.7 3.5 2.5 2.1 0.2 1.2 2.2 1.5<br />

Greece -2.0 -4.5 -3.0 1.1 1.4 4.7 2.5 0.5<br />

Ireland -7.6 -1.0 0.5 1.9 -1.7 -1.6 0.5 0.5<br />

Italy -5.2 1.3 1.1 1.3 0.8 1.6 2.0 2.1<br />

Luxemburg -3.7 3.4 3.0 3.1 0.4 2.3 3.5 1.7<br />

Malta -3.4 3.6 2.5 2.2 1.8 2.0 3.0 2.6<br />

Nederland -3.9 1.7 1.5 1.5 1.0 0.9 2.3 2.2<br />

Portugal -2.5 1.4 -1.5 -0.5 -0.9 1.4 2.4 1.4<br />

Slovakia -4.8 4.0 3.8 4.2 0.9 0.7 3.4 2.7<br />

Slovenia -8.1 1.2 2.0 2.4 0.9 1.8 2.2 3.1<br />

Spain -3.7 -0.1 0.8 1.6 -0.2 2.0 2.6 1.5<br />

Other EU countries with<br />

advanced economies<br />

Czech Republic -4.1 2.3 1.7 2.9 1.0 1.5 2.0 2.0<br />

Denmark -5.2 2.1 2.0 2.0 1.3 2.3 2.0 2.0<br />

Sweden -5.3 5.5 3.8 3.5 2.0 1.9 2.0 2.0<br />

England<br />

Emerging EU economies<br />

-4.9 1.3 1.7 2.3 2.1 3.3 4.2 2.0<br />

Bulgaria -5.5 0.2 3.0 3.5 2.5 3.0 4.8 3.7<br />

Hungary -6.7 1.2 2.8 2.8 4.2 4.9 4.1 3.5<br />

Latvia -18.0 -0.3 3.3 4.0 3.3 -1.2 3.0 1.7<br />

Lithuania -14.7 1.3 4.6 3.8 4.4 1.2 3.1 2.9<br />

Poland 1.7 3.8 3.8 3.6 3.5 2.6 4.1 2.9<br />

Romania<br />

Non-EU advanced economies<br />

-7.1 -1.3 1.5 4.4 5.6 6.1 6.1 3.4<br />

Iceland -6.9 -3.5 2.3 2.9 12.0 5.4 2.6 2.6<br />

Israel 0.8 4.6 3.8 3.8 3.3 2.7 3.0 2.5<br />

Norway -1.4 0.4 2.9 2.5 2.2 2.4 1.8 2.2<br />

Switzerland<br />

Other emerging economies<br />

-1.9 2.6 2.4 1.8 -0.5 0.7 0.9 1.0

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