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May 17, 2022EU AND EURO AREA GDP, Q1 2022 
In the preliminary GDP estimate for Q1 2022, Eurostat estimates the seasonally adjusted annualized growth rate for real GDP was 1.8% in the European Union (EU27) and 1.1% for the Euro Area (EA19, a subset of the EU27 nations). Both were close to the seasonally adjusted annualized rate of growth reported in the previous quarter.
The European Union economy was 1.1% larger compared to the pre-pandemic period Q4 2019, while the Euro Area economy was up 0.5% from pre-pandemic levels in Q4 2021.
Source: Eurostat
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