Eastern European GDP continues to decrease


The growth rate of the Eastern European Gross Domestic product fell significantly, to 2.2%, in 2013. This had been more than five times as much in the year before (12.6%). The strong decline that started in 2010, and which was caused by the struggling European economy, continued. For 2014, this trend is expected to continue, as a growth rate of -7.6% is forecast.

With regard to the share of e-commerce in the GDP, Eastern Europe is below the EU28 and European averages. With an eGDP of 1.35%, Ukraine is leading the way in this region. It is followed by Russia (0.98%), Romania (0,73%) and Bulgaria (0.50%). The other countries in the region have a combined eGDP of 0.63%.

This is all revealed by the latest report on B2C e-commerce in Eastern Europe by Ecommerce Europe. Ecommerce Europe is the European umbrella organization for online retailers. Figures in Ecommerce Europe reports are based on the Global Online Measurement Standard for B2C E-commerce (GOMSEC). Ecommerce Europe also published comprehensive Regional Reports on B2C E-commerce in Central Europe, Southern Europe, Northern Europe and Western Europe. All the reports are powered by GfK, GlobalCollect, Informatica, RichRelevance and Salesupply.

Free downloads available now
Would you like to find out more about e-commerce in Eastern Europe? The free light versions of our Regional Reports can be downloaded via www.ecommerce-europe.eu and the abstract of the Eastern European B2C E-commerce report, for instance, can be downloaded here.

Full reports are also available: 
European B2C E-commerce Report 2014: €1,950
5 European regional reports 2014: €790 per report (including Infographics and in-depth Country Profiles)

Western European Report: 
Belgium, France, Ireland, Netherlands and United Kingdom 
Central European Report: 
Austria, Czech Republic, Germany, Hungary, Poland and Switzerland 
Southern European Report: 
Greece, Italy, Portugal, Spain and Turkey 
Northern European Report: 
Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden 
Eastern European Report: 
Romania, Russia and Ukraine

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