Economic Growth in the Euro Area Remained Stable QoQ in the Fourth Quarter of 2024

30 January 2025

In the fourth quarter of 2024, seasonally adjusted GDP remained stable in the Euro Area and increased by 0.1% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. In the third quarter of 2024, GDP had grown by 0.4% in both areas.
Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 0.9% in the Euro Area and by 1.1% in the EU in the fourth quarter of 2024, after +0.9% in the Euro Area and +1.0% in the EU in the previous quarter.
According to a first estimation of annual growth for 2024, based on seasonally and calendar adjusted quarterly data, GDP increased by 0.7% in the Euro Area and by 0.8% in the EU.

Source: Eurostat
Post by: Republic of Türkiye Ministry of Trade