Euro Area GDP Annual Growth Rate Tops Estimates
2025-07-30 09:18
By
Joana Taborda
1 min. read
The GDP in the Euro Area expanded 1.4% year-on-year in the second quarter of 2025, slightly lower than 1.5% in Q1 but beating market expectations of 1.2%, according to the preliminary flash estimate.
Among countries for which data is available, Ireland recorded the biggest growth (16.2%), followed by Lithuania (3%), Spain (2.4%), Portugal (1.9%), Netherlands (1.5%), Belgium (1%), France (0.7%), Estonia (0.5%), Finland (0.5%), Germany (0.4%), and Italy (0.4%).
The ECB forecasts the Eurozone economy to grow by 0.9% this year, though US tariffs could have a greater-than-expected impact.
While the US and EU recently reached a deal, many key details remain unresolved.
The agreement—which includes a 15% tariff on most European goods exports—has faced strong criticism from businesses.