According to Eurostat’s latest estimate, seasonally adjusted GDP was unchanged in the euro area and increased by +0.1% across the EU in Q1 2026 compared with the previous quarter. This follows quarterly growth of 0.2% in both the euro area and the EU during Q4 2025.
Compared with the same quarter a year earlier, GDP increased by +0.5% in the euro area and +0.8% across the EU in Q1 2026. While growth remained positive, this represented a slowdown from Q4 2025, when annual GDP growth stood at +1.1% in the euro area and +1.3% in the EU.
Among EU member states, the strongest quarterly GDP growth was recorded in Denmark (+1.5%), followed by Estonia and Malta (both +1.1%). In contrast, Ireland (-7.0%) recorded by far the largest decline, while Sweden (-0.2%), France (-0.1%) and Lithuania (-0.1%) also experienced contractions.
For comparison, the United States recorded stronger economic growth over the same period. GDP increased by +0.5% in Q1 2026 compared with the previous quarter, up from +0.1% growth in Q4 2025. On an annual basis, US GDP grew by +2.7%, accelerating from +2.0% in the previous quarter.
You can get the latest Eurostat data on quarterly GDP from their website at https://ec.europa.eu/eurostat/news/euro-indicators (15 July) or request it from MTA.