Economic Growth in the Euro Area Rose by 0.2% QoQ in the Fourth Quarter of 2024

07 March 2025

In the fourth quarter of 2024, seasonally adjusted GDP increased by 0.2% in the Euro Area and by 0.4% the EU, compared with the previous quarter, according to an 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 1.2% in the Euro Area and by 1.4% in the EU in the fourth quarter of 2024, after +1.0% in the Euro Area and +1.1% in the EU in the previous quarter.

For the year 2024 as a whole, GDP increased by 0.9% in the Euro Area and by 1.0 in the EU, after +0.4% in both zones in 2023.

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