Economic performance decreased by 2.1% in Quarter 1 of 2021 compared to Quarter 1 of 2020
GDP volume change compared to the same quarter of the previous year
The volume of GDP was up by 2.0% compared to the previous quarter
GDP volume change compared to the previous quarter
The decline in GDP was mainly caused by the decrease in the performance of services in Quarter 1 of 2021
Contribution to GDP volume change
From an expenditure approach, the decreasing consumption of households still had a substantial role in the decrease in GDP
Contribution to GDP volume change
The EU's economic performance went down in Quarter 1 of 2021 also compared to the low base one year earlier, already hit by the pandemic
GDP volume change compared to the same period of the previous year
The EU's economic performance decreased compared to the previous quarter, too; changes in the GDP of the different Member States was also determined by the pandemic situation
GDP volume change in EU member countries, Quarter 1, 2021
Despite the low base from one year earlier, the volume of GDP went on decreasing in several EU Member States
GDP volume change in EU member countries, Quarter 1, 2021