Euro Area GDP Growth Rate

Last Release

Mar 31, 2025

Actual

0.3

Units In

Frequency

Quarterly

Next Release

Aug 14, 2025

Time to Release

2 Months 7 Days 20 Hours

Highest	Lowest	Average	Date Range	Source
12.6 Sep 2020	-11.7 Jun 2020	0.36 %	1995-2025	Eurostat

The Euro Area is an economic and monetary union of 19 European countries that adopted the euro as their currency. It is the second largest economy in the world and if it was a country it would be the third most populous with 341 million inhabitants. Germany, France, Italy and Spain are the most important economies accounting respectively for 29 percent, 20 percent, 15 percent and 10 percent of the bloc’s GDP.

Latest Updates

The Eurozone economy grew by 0.6% in the first quarter of 2025, doubling the earlier estimate of 0.3% and marking the strongest expansion since Q3 2022, driven by Ireland’s exceptional 9.7% surge and a stronger-than-initially-reported performance from Germany. Among major economies, Spain and Germany outperformed with growth of 0.6% and 0.4%, respectively. Italy expanded by 0.3%, while France and the Netherlands posted modest gains of 0.1% each. On the expenditure side, fixed investment jumped 1.8%, up from 0.7% in Q4 2024, while household consumption rose by 0.2%, easing from 0.5%. Government spending was flat, compared to a 0.4% increase in the previous quarter. Net trade contributed 0.1 percentage points to GDP, as exports outpaced imports, while inventory changes shaved off 0.1 percentage points.