• Home
  • Contact
  • Submit a News Release
Tuesday, June 10, 2025
  • Login
No Result
View All Result
NEWSLETTER
Mainland Times — Breaking Continental European News
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
No Result
View All Result
Mainland Times — Breaking Continental European News
No Result
View All Result
Home Europe

IMF: Ukraine is emerging Europe’s poorest country

Michael Sanders by Michael Sanders
12/08/2021
in Europe
IMF: Ukraine is emerging Europe’s poorest country
24
VIEWS

The International Monetary Fund’s (IMF) latest World Economic Outlook report suggests that emerging Europe is continuing to enjoy steady growth, with gross domestic product (GDP) of what the fund terms Emerging and Developing Europe increasing by 3.8 per cent in real terms over the past year.

The report, published twice per year, identifies and analyses challenges to global economic growth. It looks at global prospects and policies for growth, the economic recovery since the 2008 financial crisis and the problems experienced in the monetary policies of emerging economies.

Amongst emerging Europe countries, Poland has the highest GDP, of 549.48 billion US dollars, followed by the Czech Republic and Romania, 244.54 and 239.44 billion US dollars respectively. The lowest GDP in the region is Montenegro (5.39 billion US dollars), behind Kosovo (7.84 billion US dollars) and Moldova (11.44 billion US dollars).

When GDP is analysed on a per capita basis, Slovenia is the wealthiest country in the region, (26,590 US dollars), ahead of the Czech Republic (23,100 US dollars) and Estonia (22,420 US dollars). The poorest country in emerging Europe is Ukraine, with just GDP per capita of just 2,960 thousand US dollars, despite having experienced a 3.5 per cent real GDP growth rate since 2017.

Two of the South Caucasus countries, Armenia and Georgia, expanded their GDP by six and 5.5 per cent respectively last year, the highest figures in the emerging Europe region. Another country from the South Caucasus, Azerbaijan, saw the lowest proportion of real GDP growth (just 1.3 per cent), behind Macedonia (1.6 per cent) and Croatia (2.8 per cent).

Recommended

Europeans in the dark about ECB’s role: Survey

Europeans in the dark about ECB’s role: Survey

3 years ago
‘We’re Being Wrapped in Poison’: A Century of Oil and Gas Development Has Devastated the Ponca City Region of Northern Oklahoma

‘We’re Being Wrapped in Poison’: A Century of Oil and Gas Development Has Devastated the Ponca City Region of Northern Oklahoma

3 years ago

Popular News

  • Letter: Bill Broderick obituary

    Letter: Bill Broderick obituary

    0 shares
    Share 0 Tweet 0
  • The Top European Online Media Outlets: A Guide to Trusted News Sources

    0 shares
    Share 0 Tweet 0
  • Belarus shuts down largest independent news portal, arrests staff

    0 shares
    Share 0 Tweet 0
  • Mura stun Tottenham with late Europa Conference winner after Sessegnon red

    0 shares
    Share 0 Tweet 0
  • Tunisian crisis escalates as president dissolves parliament

    0 shares
    Share 0 Tweet 0

Newsletter

Subscribe and receive the latest news to your email.

SUBSCRIBE

Category

  • Business
  • Climate
  • Economy
  • Education
  • Europe
  • Health
  • Latest
  • Society
  • Sport
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

Mainland Times is an independent online outlet that publishes socially relevant news taking place on the European continent. Mainland Times aggregates news from several sources, and also provides coverage through a network of local correspondents.

  • Home
  • Contact
  • Submit a News Release

© 2021 All rights reserved.

No Result
View All Result
  • Home
  • Europe
  • Economy
  • Health
  • Climate
  • Climate
  • Business
  • Sport
  • Education
  • Society
  • World

© 2021 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In