The EU’s gross domestic product (GDP) registered a 1.0% increase in the second 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.
Compared with the second quarter of 2023, in the second quarter of 2024, the economic sectors responsible for the largest reductions were electricity and gas supply (-12.1%) and households (-4.2%).
In the second quarter of 2024, greenhouse gas emissions were estimated to have decreased in 19 EU countries when compared with the same quarter of 2023. The largest reductions in greenhouse gases were estimated for the Netherlands (-9.1%), Bulgaria (-6.3%), Austria and Hungary (each -5.9%). Out of the 19 EU countries that were estimated to have decreased their emissions, 5 recorded a decline in their GDP (Ireland, Finland, Estonia, Latvia and Austria). The other 14 EU countries (Poland, Denmark, Croatia, Spain, Bulgaria, Slovakia, Portugal, Hungary, Belgium, Italy, Czechia, Netherlands, France, and Germany) were estimated to have decreased emissions while growing their GDP.
