The Euro Area GDP expanded by 0.8% from the previous year in the first quarter of 2026, the softest pace of expansion since the second quarter of 2024, compared to 1.2% in the previous period and in line with the previous estimate. The slowdown was aligned with the energy crunch from the Middle East following the outbreak of war in the region, which triggered surges in the cost of major energy goods since the start of March. Among the economies for which data is available, the GDP growth slowed in Germany (0.3% vs 0.4% in the previous period), France (1.1% vs 1.3%), Italy (0.7% vs 0.9%), Netherlands (1.2% vs 1.8%), Belgium (0.8% vs 0.9%), Cyprus (3% vs 4.3%), Lithuania (2.5% vs 3.3%) and Austria (0.6% vs 0.7%) and shrank in Ireland (-6.3% vs 3%). On the other hand, GDP growth accelerated in Spain (2.7% vs 2.6%), Estonia (1.3% vs 0.8%), Portugal (2.3% vs 1.9%), Slovakia (0.9% vs 0.8%) and Finland (1.3% vs 0.1%) and steadied for Bulgaria at 2.9%. source: EUROSTAT

The Gross Domestic Product (GDP) In the Euro Area expanded 0.80 percent in the first 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 15.30 percent in the second quarter of 2021 and a record low of -13.90 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 May of 2026.

The Gross Domestic Product (GDP) In the Euro Area expanded 0.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Euro Area is expected to be 1.10 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
2026-04-30 09:00 AM
YoY Flash
Q1 0.8% 1.2% 0.9% 0.8%
2026-05-13 09:00 AM
YoY 2nd Est
Q1 0.8% 1.2% 0.8% 0.8%
2026-06-05 09:00 AM
YoY 3rd Est
Q1 1.2% 0.8% 0.8%


Related Last Previous Unit Reference
Full Year GDP Growth 1.40 0.90 percent Dec 2025
GDP Growth Rate YoY 0.80 1.30 percent Mar 2026
GDP Constant Prices 3100.10 3095.47 EUR Billion Mar 2026
GDP Growth Annualized 0.60 0.80 percent Mar 2026
GDP Growth Rate 0.10 0.20 percent Mar 2026
Gross Fixed Capital Formation 650.90 646.56 EUR Billion Dec 2025


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
0.80 1.30 15.30 -13.90 1995 - 2026 percent Quarterly
SA

News Stream
Euro Area GDP Annual Growth Rate Confirmed at 0.8% in Q1
The Euro Area GDP expanded by 0.8% from the previous year in the first quarter of 2026, the softest pace of expansion since the second quarter of 2024, compared to 1.2% in the previous period and in line with the previous estimate. The slowdown was aligned with the energy crunch from the Middle East following the outbreak of war in the region, which triggered surges in the cost of major energy goods since the start of March. Among the economies for which data is available, the GDP growth slowed in Germany (0.3% vs 0.4% in the previous period), France (1.1% vs 1.3%), Italy (0.7% vs 0.9%), Netherlands (1.2% vs 1.8%), Belgium (0.8% vs 0.9%), Cyprus (3% vs 4.3%), Lithuania (2.5% vs 3.3%) and Austria (0.6% vs 0.7%) and shrank in Ireland (-6.3% vs 3%). On the other hand, GDP growth accelerated in Spain (2.7% vs 2.6%), Estonia (1.3% vs 0.8%), Portugal (2.3% vs 1.9%), Slovakia (0.9% vs 0.8%) and Finland (1.3% vs 0.1%) and steadied for Bulgaria at 2.9%.
2026-05-13
Euro Area Annual GDP Growth Slows
The Euro Area GDP expanded by 0.8% from the previous year in the first quarter of 2026, below expectations of a 0.9% growth rate and dropping from the 1.3% last quarter to mark the softest pace of expansion since the second quarter of 2022. The slowdown was aligned with the energy crunch from the Middle East following the outbreak of war in the region, which triggered surges in the cost of major energy goods since the start of March. Lower household consumption was noted among the largest economies of the bloc, with growth slowing for France (1.1% vs 1.3% in 2025Q4), Germany (0.3% vs 0.4%), Italy (0.7% vs 0.9%), and the Netherlands (1.2% vs 1.8%). Spain remained the outperformer in GDP growth, expanding 2.7% from the 2.6% last quarter.
2026-04-30
Euro Area GDP Annual Growth Revised Lower
The Euro Area economy grew 1.2% year-on-year in the fourth quarter of 2025, revised down from an initial estimate of 1.3%. The figure marks the slowest annual growth in more than a year, easing from a 1.4% expansion in the previous quarter. All spending categories showed slower growth: household spending (1.3% vs 1.4%), government expenditure (1.4% vs 1.5%), gross fixed capital formation (3.1% vs 3.3%), exports (2.4% vs 2.9%) and imports (3.9% vs 4.2%). Exports made the largest upward contribution (1.2 pp), followed by consumer spending (0.7 pp) and investment (0.7 pp). Among member states, Malta recorded the largest growth rate (6.4%), followed by Cyprus (4.5%). Germany expanded 0.4%, France 1.2%, Italy 0.8% and Spain 2.6%. For 2025 as a whole, Euro Area GDP grew by 1.4%, slightly less than early estimates of 1.5%. Looking ahead, both the European Central Bank and the European Commission forecast economic growth of 1.2% in 2026, followed by 1.4% in 2027.
2026-03-06