Eurozone GDP Growth Highlights Economic Resilience

The Eurozone's economy demonstrated notable resilience in the first quarter of 2025, with a seasonally adjusted gross domestic product (GDP) increase of 0.4%, according to Eurostat, the European Commission's statistical office. This growth signifies a steady recovery path amidst global economic uncertainties.

Comparative Growth Across the European Union

Similarly, the broader European Union experienced a 0.3% expansion in the same period. On a year-on-year basis, the euro area and the EU saw growth rates of 1.2% and 1.4%, respectively, underscoring a gradual but consistent economic upturn.

Standout Performances and Challenges

Ireland led the Eurozone with an impressive annual growth rate of 10.9%, followed by Lithuania and Spain with 3.2% and 2.8%, respectively. However, not all member states shared in this prosperity, as Austria, Hungary, and Germany faced declines of 0.7%, 0.4%, and 0.2%, highlighting the uneven recovery across the region.