Eurozone GDP Growth Highlights

The Eurozone's economy demonstrated a steady growth trajectory in the first quarter of 2025, with a seasonally adjusted gross domestic product (GDP) increase of 0.4%, as reported by Eurostat, the European Commission's statistical office. This growth underscores the region's economic resilience amid global challenges.

Comparative Growth Across the EU

Comparatively, the broader European Union experienced a slightly lower growth rate of 0.3% during the same period, highlighting the Eurozone's leading role in the region's economic expansion.

Year-on-Year Economic Performance

On an annual basis, the Eurozone and the EU recorded growth rates of 1.2% and 1.4%, respectively, signaling a positive trend in the continent's economic recovery and stability.

Standout Performers and Challenges

Ireland emerged as the standout performer with an astonishing annual GDP rise of 10.9%, followed by Lithuania and Spain with growth rates of 3.2% and 2.8%. Conversely, Austria, Hungary, and Germany faced economic contractions, marking the sharpest declines in the region.