The Euro Area economy expanded 1.2% year-on-year in Q2 2026, up from 1% in the previous estimate and twice the 0.6% growth recorded in Q1 2026. The acceleration was driven by stronger growth in household expenditure (1.2% vs. 1.0%) and gross fixed capital formation (1.4% vs. 0.3%), while exports also rebounded sharply (3.9% vs. -0.1%). Imports increased at a faster pace as well, rising 3.6% compared with 1.9% previously. Meanwhile, growth in government spending slowed to 1.9% from 2.3%. Among the bloc's largest economies, GDP growth accelerated in Germany (1.0% vs. 0.7%) and Italy (1.0% vs. 0.8%), while it slowed in France (0.5% vs. 0.7%) and remained unchanged in Spain (2.7% vs. 2.7%). source: EUROSTAT

The Gross Domestic Product (GDP) In the Euro Area expanded 1.20 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Euro Area averaged 1.61 percent from 1995 until 2026, reaching an all time high of 15.20 percent in the second quarter of 2021 and a record low of -13.80 percent in the second quarter of 2020. This page provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) In the Euro Area expanded 1.20 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Euro Area is expected to be 1.00 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 1.40 percent in 2027 and 1.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-14 09:00 AM
YoY 2nd Est
Q2 1% 0.5% 1% 1.0%
2026-09-07 09:00 AM
YoY 3rd Est
Q2 1.2% 0.6% 1% 1.0%
2026-10-30 10:00 AM
YoY Flash
Q3 1.2% 1%


Related Last Previous Unit Reference
Full Year GDP Growth 1.40 0.90 percent Dec 2025
GDP Growth Rate YoY 1.20 0.60 percent Jun 2026
GDP Constant Prices 3123.76 3104.11 EUR Billion Jun 2026
GDP Growth Annualized 2.60 0.00 percent Jun 2026
GDP Growth Rate 0.60 0.00 percent Jun 2026
Gross Fixed Capital Formation 653.66 654.03 EUR Billion Jun 2026


Euro Area GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 0.60 15.20 -13.80 1995 - 2026 percent Quarterly
SA

News Stream
Euro Area GDP Annual Growth Rate Revised Up
The Euro Area economy expanded 1.2% year-on-year in Q2 2026, up from 1% in the previous estimate and twice the 0.6% growth recorded in Q1 2026. The acceleration was driven by stronger growth in household expenditure (1.2% vs. 1.0%) and gross fixed capital formation (1.4% vs. 0.3%), while exports also rebounded sharply (3.9% vs. -0.1%). Imports increased at a faster pace as well, rising 3.6% compared with 1.9% previously. Meanwhile, growth in government spending slowed to 1.9% from 2.3%. Among the bloc's largest economies, GDP growth accelerated in Germany (1.0% vs. 0.7%) and Italy (1.0% vs. 0.8%), while it slowed in France (0.5% vs. 0.7%) and remained unchanged in Spain (2.7% vs. 2.7%).
2026-09-07
Euro Area GDP Annual Growth Rate Confirmed at 1% in Q2
The Eurozone economy grew 1.0% year-on-year in the second quarter of 2026, accelerating from an upwardly revised 0.5% in the previous quarter, according to second estimates. Strong AI-related investment, resilient government spending, and one-off factors helped offset the impact of the conflict in Iran and higher energy prices. Among the largest euro area economies, Spain remained the standout performer, with annual GDP growth of 2.7%, followed by the Netherlands (1.3%), Italy (1.0%), Germany (0.9%), and France (0.7%). On a quarterly basis, the Eurozone economy expanded 0.4%, its strongest pace since the first quarter of 2025.
2026-08-14
Eurozone Annual Growth Beats Expectations in Q2
The eurozone economy grew 1.0% year-on-year in the second quarter of 2026, accelerating from an upwardly revised 0.5% in the previous quarter and well above market expectations of 0.5%, according to preliminary estimates. Strong AI-related investment, resilient government spending, and one-off factors helped offset the impact of the conflict in Iran and higher energy prices. Among the largest euro area economies, Spain remained the standout performer, with annual GDP growth of 2.7%, followed by the Netherlands (1.3%), Italy (1.0%), Germany (0.9%), and France (0.7%). On a quarterly basis, the eurozone economy expanded 0.4%, its strongest pace since the first quarter of 2025 and double market expectations of a 0.2% increase.
2026-07-30