Euro Area GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

1.4

Units In

1.2

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
14.4 Jun 2021	-14.5 Jun 2020	1.53 %	1995-2025	Eurostat

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.

Latest Updates

The GDP in the Euro Area expanded 1.5% year-on-year in the second quarter of 2025, higher than 1.4% in the initial estimates, and following an upwardly revised 1.6% in Q1. The largest contributions came from household expenditure and changes in inventories (0.7 percentage points each), followed by gross fixed capital formation (0.6 percentage points), public expenditure (0.4 percentage points) and exports (0.1 percentage points). On the other hand, imports trimmed 1.1 percentage points from the growth. Among the bloc's largest economies, the GDP expanded 0.2% in Germany, 0.8% in France, 0.4% in Italy and 2.8% in Spain.