Zone euro Taux de croissance annuel du PIB

The Euro Area economy expanded 1.5% year-on-year in the first quarter of 2025, higher than 1.2% in the previous estimates, and the strongest annual performance since Q4 2022. It follows a 1.2% rise in Q4 2024. Gross fixed capital formation rebounded (1.9% vs -1.8%) and both exports (2.3% vs 1.2%) and imports (3.3% vs 1.3%) rose faster. In contrast, a small slowdown was seen for household (1.3% vs 1.6%) and government (2.1% vs 2.4%) spending. Among the bloc's largest economies, the German GDP stalled, but expansions were recorded in France (0.6%), Italy (0.7%), Spain (2.8%), and Netherlands (2%).