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CEE in 2020 – Trends and perspectives for the next ... - Roland Berger

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5 HUMAN CAPITAL<br />

A decl<strong>in</strong><strong>in</strong>g population <strong>in</strong> <strong>CEE</strong> will be compensated <strong>for</strong> by<br />

additional productivity <strong>–</strong> Wealth is spread<strong>in</strong>g<br />

Economic growth: GDP vs. GDP per capita <strong>–</strong> "Erste Group" analysis<br />

ECONOMIC GROWTH UP THROUGH <strong>2020</strong><br />

AUT<br />

-8%<br />

HRV<br />

<strong>2020</strong> GDP growth<br />

Source: EIU; Erste Group<br />

0%<br />

+3%<br />

CZE<br />

+5%<br />

HUN<br />

<strong>2020</strong> growth <strong>in</strong> GDP per capita<br />

+7%<br />

ROU<br />

+9%<br />

RUS<br />

0%<br />

SVK<br />

+14%<br />

UKR<br />

COMMENTS<br />

> Economic growth <strong>in</strong> <strong>CEE</strong> will<br />

be generated also through<br />

productivity ga<strong>in</strong>s<br />

> The effect is that GDP per<br />

capita will grow stronger than<br />

GDP. The wealth of <strong>the</strong><br />

population will rise more<br />

quickly than GDP<br />

<strong>CEE</strong>_<strong>in</strong>_<strong>2020</strong>_Study.pptx<br />

25

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