Greenhouse gas emissions in the EU economy decreased by 4.0% in the fourth quarter of 2023.

EU’s GGE Emissions Decrease Despite GDP Stability in Q4 2023

In 2023, the European Union’s (EU) economy saw a decrease of 4.0% in greenhouse gas emissions (GGE) compared to the same quarter of 2022. Despite this decline, the EU’s gross domestic product (GDP) remained relatively stable with a small increase of 0.2% in the fourth quarter of 2023 compared to the same quarter of 2022.

According to Eurostat, the quarterly estimates of GGE provide valuable information that complements other quarterly socio-economic data such as GDP or employment. This article highlights some key findings from a more detailed Statistics Explained article on quarterly GGE emissions.

In Q4 2023, there were notable reductions in GGE emissions across various economic sectors in the EU, including electricity and gas supply (-17.2%) and manufacturing (-3.1%), while households’ emissions remained almost stable. The largest reductions were seen in Estonia (-23.0%), Bulgaria (-17.0%), and Finland (-9.0%) among the 22 EU countries where emissions decreased compared to Q4 2022. Out of these countries, ten also experienced a decline in their GDP while Hungary maintained its level while decreasing emissions; eleven managed to decrease their emissions while growing their GDP.

On the other hand, five countries recorded an increase in GGE emissions during Q4 2023: Malta (+7.7%), Slovenia (+5.6%), Cyprus (+

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