Where Data Tells the Story
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While pessimism about Europe’s economic future persists in Western and Northern Europe, Central, Eastern, and Southeastern Europe are faring much better. Since 1950, Türkiye’s share of European GDP has surged from under 2% to nearly 10% in 2022.
Since 1950, this economic transformation has shifted Europe’s economic centre by more than 350 km to the southeast. With Central and Eastern European countries – particularly Poland, the EU’s fastest-growing member – expected to continue outpacing the West, the economic centre is likely to move even further east in the coming decades.