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April 30, 2025EU AND EURO AREA GDP, Q1 2025 (PRELIMINARY FLASH) 
In the preliminary flash GDP estimate for Q1 2025, the seasonally adjusted annualized growth rate for real GDP was +1.4% for the European Union and +1.4% for the Euro Area (a subset of 20 of the 27 nations of the European Union).
Among member states reporting results for Q1, quarter over quarter growth was fastest in Ireland, Spain and Lithuania. Hungary was the only Member State to record a decline compared to the previous quarter.
The European Union economy was 1.4% larger compared to the first quarter of 2024. The Euro Area economy was 1.2% larger in Q1 2025 than in Q1 2024.
Source: Eurostat database; Eurostat indicators
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