After the fall of communism in 1989-1991, the countries of Central and Eastern Europe embarked on economic transitions with very different outcomes. Poland adopted "shock therapy," the Czech Republic pursued gradual privatization, and others like Ukraine experienced prolonged stagnation. This starter lets you compare growth, trade openness, inflation, and labor market outcomes to understand what drove divergence.
Key Data Points
Ukraine, Romania, Czechia, Poland, Hungary, Croatia -- GDP growth (%), GDP/cap PPP, CPI change (%), Unemployment (%), Exports (% GDP), FDI inflows (% GDP)
Ukraine
2 % annual
Romania
1 % annual
Czechia
2.3 % annual
Poland
3.2 % annual
Hungary
0.6 % annual
Croatia
3.1 % annual
Ukraine
18,550.46 current international $
Romania
49,076.54 current international $
Czechia
57,285.42 current international $
Poland
51,262.51 current international $
Hungary
48,552.47 current international $
Croatia
49,550.79 current international $
Ukraine
12.6 % annual
Romania
7.3 % annual
Czechia
2.5 % annual
Poland
3.8 % annual
Hungary
4.5 % annual
Croatia
4.4 % annual
Ukraine
11.6%
Romania
5.9%
Czechia
2.5%
Poland
2.9%
Hungary
4.3%
Croatia
5%
Ukraine
77.8%
Romania
77.2%
Czechia
131.5%
Poland
100.4%
Hungary
146.5%
Croatia
104.9%
Ukraine
2.1%
Romania
1.9%
Czechia
3.8%
Poland
2.2%
Hungary
-27.9%
Croatia
4.9%