Name: Euro Area GDP Annual Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Euro Area,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

The Eurozone economy expanded 0.3% yoy in Q1 2026, well below the previously estimated 0.8% and down from 1.2% in Q4 2025. This marks the weakest expansion since Q4 2023, reflecting pressures from tight energy supplies and higher inflation linked to the Middle East conflict. There was a sharp slowdown in gross fixed capital formation (0.3% vs 3.3% in Q4), alongside a decline in exports (-0.9% vs 2.1%). Household consumption also moderated (1.1% vs 1.3%), while government spending accelerated (2.3% vs 1.5%). Imports increased at a slower pace (1.9% vs 3.8%). At the country level, Ireland saw a sharp contraction (-16.8% vs 2.9% in Q4), while Germany posted the weakest growth among major economies at 0.3% (vs 0.4%). Growth also slowed in France (0.9% vs 1.1%) and Italy (0.8% vs 0.9%), whereas Spain slightly outperformed (2.7% vs 2.6%). On a quarterly basis, Eurozone GDP contracted by 0.2%, marking the first decline since 2022 and the steepest drop since the pandemic-era downturn in 2020. source: EUROSTAT

The Gross Domestic Product (GDP) In the Euro Area expanded 0.30 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 15.20 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 June of 2026.

The Gross Domestic Product (GDP) In the Euro Area expanded 0.30 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 0.70 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.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	1.40	0.90	percent	Dec 2025
GDP Growth Rate YoY	0.30	1.20	percent	Mar 2026
GDP Constant Prices	3089.75	3096.58	EUR Billion	Mar 2026
GDP Growth Annualized	-0.90	0.70	percent	Mar 2026
GDP Growth Rate	-0.20	0.20	percent	Mar 2026
Gross Fixed Capital Formation	650.87	652.94	EUR Billion	Mar 2026

Euro Area GDP Annual Growth Rate

The Euro Area is the second largest economy in the world. Of the 19 member states it includes, the biggest are: Germany (29 percent of total GDP), France (20 percent), Italy (15 percent) and Spain (10 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 54 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (20 percent). Exports of goods and services account for 47 percent of GDP while imports account for 43 percent, adding 4 percent of total GDP.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.30	1.20	15.20	-13.90	1995 - 2026	percent	Quarterly	SA

Compare: GDP Annual Growth Rate by Country

News Stream

Eurozone GDP Annual Growth Rate Revised Lower in Q1

The Eurozone economy expanded 0.3% yoy in Q1 2026, well below the previously estimated 0.8% and down from 1.2% in Q4 2025. This marks the weakest expansion since Q4 2023, reflecting pressures from tight energy supplies and higher inflation linked to the Middle East conflict. There was a sharp slowdown in gross fixed capital formation (0.3% vs 3.3% in Q4), alongside a decline in exports (-0.9% vs 2.1%). Household consumption also moderated (1.1% vs 1.3%), while government spending accelerated (2.3% vs 1.5%). Imports increased at a slower pace (1.9% vs 3.8%). At the country level, Ireland saw a sharp contraction (-16.8% vs 2.9% in Q4), while Germany posted the weakest growth among major economies at 0.3% (vs 0.4%). Growth also slowed in France (0.9% vs 1.1%) and Italy (0.8% vs 0.9%), whereas Spain slightly outperformed (2.7% vs 2.6%). On a quarterly basis, Eurozone GDP contracted by 0.2%, marking the first decline since 2022 and the steepest drop since the pandemic-era downturn in 2020.

2026-06-05

Euro Area GDP Annual Growth Rate Confirmed at 0.8% in Q1

The Euro Area GDP expanded by 0.8% from the previous year in the first quarter of 2026, the softest pace of expansion since the second quarter of 2024, compared to 1.2% in the previous period and in line with the previous estimate. 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. Among the economies for which data is available, the GDP growth slowed in Germany (0.3% vs 0.4% in the previous period), France (1.1% vs 1.3%), Italy (0.7% vs 0.9%), Netherlands (1.2% vs 1.8%), Belgium (0.8% vs 0.9%), Cyprus (3% vs 4.3%), Lithuania (2.5% vs 3.3%) and Austria (0.6% vs 0.7%) and shrank in Ireland (-6.3% vs 3%). On the other hand, GDP growth accelerated in Spain (2.7% vs 2.6%), Estonia (1.3% vs 0.8%), Portugal (2.3% vs 1.9%), Slovakia (0.9% vs 0.8%) and Finland (1.3% vs 0.1%) and steadied for Bulgaria at 2.9%.

2026-05-13

Euro Area Annual GDP Growth Slows

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.

2026-04-30