After six consecutive quarters of slowing growth, economic output in the Western Balkan region expanded faster in the first quarter of 2023 than in the previous three months. The region’s GDP growth accelerated marginally to 1.7% year-on-year from 1.6% in the preceding quarter as most economies, except for Albania and Bosnia and Herzegovina, recorded a pick-up in the rate of output growth.

European Economy Technical Papers are reports and data compiled by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs.

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