The European Union economy expanded by just 0.2% quarter-on-quarter in the second quarter of 2025, a sharp slowdown from the 0.5% growth recorded in the previous quarter, according to a preliminary estimate. It marked the weakest pace of expansion since the fourth quarter of 2023 as businesses and consumers balanced the benefits of easing inflation and lower interest rates against increasing uncertainty from US-imposed trade tariffs. source: EUROSTAT

GDP Growth Rate in European Union averaged 0.41 percent from 1995 until 2025, reaching an all time high of 10.80 percent in the third quarter of 2020 and a record low of -10.70 percent in the second quarter of 2020. This page provides the latest reported value for - European Union GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union GDP Growth Rate - values, historical data and charts - was last updated on September of 2025.

GDP Growth Rate in European Union is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union GDP Growth Rate is projected to trend around 0.40 percent in 2026 and 0.30 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 1.00 0.40 percent Dec 2024
GDP Annual Growth Rate 1.50 1.60 percent Jun 2025
GDP Constant Prices 3582.49 3575.12 EUR Billion Jun 2025
GDP Growth Annualized 0.70 2.00 percent Jun 2025
GDP Growth Rate 0.20 0.50 percent Jun 2025
Gross Fixed Capital Formation 760.98 743.22 EUR Billion Mar 2025



European Union GDP Growth Rate
Since July 1, 2013, with the addition of Croatia, the EU has 28 Member States. Among them, the biggest economies are Germany (21 percent of total GDP); the United Kingdom (15 percent); France (15 percent); Italy (11 percent); and Spain (8 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 56 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (20 percent). Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.50 10.80 -10.70 1995 - 2025 percent Quarterly
SA