In the third quarter of 2025, the European Union’s GDP grew by 0.3% compared to the previous quarter, while in the eurozone it grew by 0.2% quarter-on-quarter. This is according to a preliminary estimate by Eurostat.
In annual terms, the EU economy grew by 1.5% and the eurozone economy by 1.3%. Although the pace slowed slightly compared to the previous quarter (1.6% y/y and 1.5% y/y, respectively), the overall trend indicates a gradual recovery of economic activity in the region.
Among the member states, the highest quarterly figures were recorded in Sweden (+1.1% q/q), Portugal (+0.8% q/q), and the Czech Republic (+0.7% q/q). A slight decline in GDP was observed in Lithuania (-0.2% q/q), as well as in Ireland and Finland (-0.1% q/q). In annual terms, 14 EU countries showed positive growth, with only one country recording a decline.
Among the largest EU economies, Germany showed zero growth after a decline in the previous quarter, France grew by 0.5%, Spain by 0.6%, and Italy remained at 0%.
According to revised data, in the second quarter of 2025, the GDP of the eurozone grew by 0.1% quarter-on-quarter, and that of the EU by 0.2% quarter-on-quarter. In annual terms, growth of 1.5% and 1.6% was recorded, respectively.
According to Eurostat estimates, the EU’s GDP grew by 1% in 2024 compared to 2023. In the eurozone, this figure increased by 0.9% year-on-year. In the fourth quarter, seasonally adjusted EU GDP grew by 0.4% compared to the previous quarter and by 1.4% compared to the same period in 2023. In the eurozone, the indicator grew by 0.2% q/q and 1.2% y/y.