Eurozone GDP Growth Highlights

The Eurozone's economy demonstrated resilience in the first quarter of 2025, with a seasonally adjusted gross domestic product (GDP) increase of 0.4%, as reported by Eurostat, the European Commission's statistical office. The European Union also saw growth, albeit slightly lower at 0.3%.

Year-on-Year Growth

Comparing year-on-year figures, the euro area experienced a 1.2% rise, while the EU's economy grew by 1.4%. This indicates a steady recovery and growth trajectory for the region.

Standout Performers and Declines

Ireland emerged as the standout performer with an annual GDP surge of 10.9%, followed by Lithuania at 3.2%, and Spain at 2.8%. On the other end, Austria faced the sharpest decline at 0.7%, with Hungary and Germany also experiencing decreases of 0.4% and 0.2%, respectively.