Eurostat data released this week indicates a slowdown in economic growth across the European Union during the second quarter of 2025. The seasonally adjusted Gross Domestic Product (GDP) in the Eurozone increased by 0.1 percent compared to the previous quarter, while the EU as a whole experienced a 0.2 percent rise. This represents a notable decrease from the 0.6 percent growth observed in the Eurozone and 0.5 percent in the EU during the first quarter of 2025.
Year-on-year, the Eurozone’s seasonally adjusted GDP rose by 1.4 percent and the EU’s by 1.5 percent in the second quarter of 2025. These figures are slightly down from the 1.5 percent and 1.6 percent growth rates respectively recorded in the preceding quarter.
Performance varied considerably among member states. Spain recorded the strongest growth rate compared to the previous quarter at 0.7 percent, followed by Portugal at 0.6 percent and Estonia at 0.5 percent. Conversely, Ireland experienced a contraction of 1.0 percent, while Germany and Italy registered slight declines of 0.1 percent each. Positively, all countries analyzed demonstrated positive growth rates when compared to the corresponding quarter of the previous year.