The GDP in the Euro Area rose a meager 0.1% year-on-year in the third quarter of 2023, the weakest performance since the contractions in 2021, and in line with preliminary estimates. GDP Annual Growth Rate in Euro Area averaged 1.58 percent from 1995 until 2023, reaching an all time high of 14.50 percent in the second quarter of 2021 and a record low of -14.20 percent in the second quarter of 2020. source: EUROSTAT
The Gross Domestic Product (GDP) In the Euro Area expanded 0.10 percent in the third quarter of 2023 over the same quarter of the previous year.
The Gross Domestic Product (GDP) In the Euro Area expanded 0.10 percent in the third quarter of 2023 over the same quarter of the previous year. GDP Annual Growth Rate in Euro Area is expected to be 0.40 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 1.20 percent in 2024 and 1.50 percent in 2025, according to our econometric models.