Analysis of GDP and Economic Freedom Index Development in Chosen EU Countries Cover Image

Analysis of GDP and Economic Freedom Index Development in Chosen EU Countries
Analysis of GDP and Economic Freedom Index Development in Chosen EU Countries

Author(s): Jaroslav Gonos, Katarína Čulková, Anna Tomková, Julius Lisuch
Subject(s): National Economy
Published by: UIKTEN - Association for Information Communication Technology Education and Science
Keywords: Gross domestic product; GDP calculation methods; Variants of GDP; gross national; Visegrad group V4

Summary/Abstract: This paper analyzes the development of Gross Domestic Product (GDP) in selected European Union countries, specifically the Visegrad Group (Czech Republic, Hungary, Poland, and Slovakia), over the period 2008–2023. The study examines economic performance using GDP indicators calculated by the production approach, while also considering methodological variants and limitations of GDP measurement. In addition, the development of the Index of Economic Freedom is analyzed to provide a broader perspective on economic potential and institutional conditions. The results indicate a long-term increase in real GDP per capita in all analyzed countries, although significant differences in growth dynamics and economic performance among individual countries persist. The findings contribute to a better understanding of economic development trends in the V4 region and provide relevant insights for economic policy formulation and future comparative analyses.

  • Issue Year: 15/2026
  • Issue No: 1
  • Page Range: 389-399
  • Page Count: 11
  • Language: English
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