The EU’s gross domestic product (GDP) registered a 1.3% increase in the third quarter of 2024, compared with the same quarter of 2023.
This information comes from data on quarterly estimates for greenhouse gas emissions by economic activity published by Eurostat today. Quarterly estimates of greenhouse gas emissions complement quarterly socio-economic data, such as GDP or employment.
The economic sectors responsible for the largest reductions between the quarters were electricity and gas supply (-6.7%) and transportation and storage (-0.9%).
In the third quarter of 2024, a decrease in greenhouse gas emissions was estimated in 16 EU countries when compared with the same quarter of 2023.
The largest reductions in greenhouse gases were estimated for Austria (-7.8%), Hungary (-3.3%) and Denmark (-2.8%).
Out of those 16 EU countries, 4 recorded a decline in their GDP (Hungary, Austria, Estonia, and Romania). The other 12 EU countries (Malta, Croatia, Spain, Denmark, Czechia, Portugal, France, the Netherlands, Poland, Belgium, Finland, and Germany) were estimated to have decreased emissions while growing their GDP.
