The Euro Area GDP expanded by 0.8% from the previous year in the first quarter of 2026, below expectations of a 0.9% growth rate and dropping from the 1.3% last quarter to mark the softest pace of expansion since the second quarter of 2022. The slowdown was aligned with the energy crunch from the Middle East following the outbreak of war in the region, which triggered surges in the cost of major energy goods since the start of March. Lower household consumption was noted among the largest economies of the bloc, with growth slowing for France (1.1% vs 1.3% in 2025Q4), Germany (0.3% vs 0.4%), Italy (0.7% vs 0.9%), and the Netherlands (1.2% vs 1.8%). Spain remained the outperformer in GDP growth, expanding 2.7% from the 2.6% last quarter. source: EUROSTAT
The Gross Domestic Product (GDP) In the Euro Area expanded 0.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Euro Area averaged 1.61 percent from 1995 until 2026, reaching an all time high of 15.30 percent in the second quarter of 2021 and a record low of -13.90 percent in the second quarter of 2020. This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
The Gross Domestic Product (GDP) In the Euro Area expanded 0.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Euro Area is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area GDP Annual Growth Rate is projected to trend around 1.40 percent in 2027 and 1.30 percent in 2028, according to our econometric models.