Zone euro Taux de croissance annuel du PIB

Eurozone GDP grew 1.4% year-on-year in the third quarter of 2025, compared to the 1.6% expansion recorded in both the first and second quarters, and broadly in line with the previous estimate. A slowdown was seen in household expenditure (1.1% vs 1.6%) and investment (2.5% vs 3.2%) while faster growth was recorded for government spending (1.7% vs 1.5%), exports (2.7% vs 0.5%) and imports (3.6% vs 2.7%). Spain led the major economies, expanding 2.8% (vs 3% in Q2), followed by the Netherlands at 1.6% (vs 1.7%) and France at 0.9% (up from 0.7%). Italy GDP growth was faster (0.6% vs 0.5%) and in Germany remained steady at 0.3%. GDP growth rate was also unchanged in Belgium at 1%. Compared to Q2, the Eurozone economy expanded by 0.3%, up from 0.1% in Q2 and better than 0.2% in the initial estimates.