Economy

Eurozone and EU Show Modest GDP Growth in Q4 2024, Full Year Figures Revealed

Q4 2024 GDP Growth in Eurozone and EU

In the final quarter of 2024, the Eurozone's Gross Domestic Product (GDP) saw a modest increase of 0.2%, while the European Union (EU) experienced a slightly higher growth rate of 0.4%, according to a report released by Eurostat, the European Commission's statistical office, on Friday.

Annual GDP Growth for 2024

Looking at the entire year of 2024, the GDP growth was more pronounced, with the Euro area recording a 1.2% increase and the EU seeing a 1.4% rise, as detailed in the same report.

Stay tuned for more updates on this developing story.