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Vol. 73 No. 2 (2020): The Three Seas Initiative in the face of contemporary challenges

Economy and relations with Ukraine

Selected macroeconomic indicators of the Three Seas Initiative countries, with particular emphasis on Latvia, Poland and Romania, in the light of the International Monetary Fund documents

DOI: https://doi.org/10.35757/SM.2020.73.2.02
Submitted: January 21, 2021
Published: 2020-12-21

Abstract

This article outlines the issue of the economic situation of Three Seas Initiative countries, based on reports and opinions of the International Monetary Fund. Latvia, Poland and Romania have been selected for detailed analysis. Statistical data for all Three Seas Initiative countries on the trends in gross domestic product (GDP), its value, consumption, inflation, unemployment rate, the general government fiscal balance, the general government gross debt, as well as foreign debt are presented in the tables. The final part of the article includes data on the impact of the COVID-19 pandemic on GDP in all countries of the region.

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