In the fourth quarter of 2025, seasonally adjusted GDP increased by 0.2% in both the euro area and 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 2025, GDP had increased by 0.3% in the euro area and by 0.4% in the EU.
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 2025, after +1.4% in the euro area and +1.7% in the EU in the previous quarter.
In the fourth quarter of 2025, GDP in the United States increased by 0.4% compared to the previous quarter (after +1.1% in the third quarter of 2025). Compared with the same quarter of the previous year, GDP increased by 2.2% (after +2.3% in the previous quarter).
Malta (+2.1%) recorded the highest GDP growth compared to the previous quarter, followed by Lithuania (+1.7%), Croatia and Cyprus (both +1.4%). Decreases were observed in Ireland (-3.8%), Romania (-1.9%), Estonia and Luxembourg (both -0.1%).
GDP components and contributions to growth
GDP components evolved in the fourth quarter of 2025 as follows:
– household final consumption expenditure increased by 0.4% in the euro area and by 0.5% in the EU (after +0.2% and +0.3% respectively),
– government final consumption expenditure increased by 0.5% in the euro area and by 0.7% in the EU (after +0.7% in both areas),
– gross fixed capital formation increased by 0.6% both in the euro area and in the EU (after +1.3% in both areas),
– exports decreased by 0.4% in the euro area and by 0.3% in the EU (after +0.8% and +1.0% respectively), and
– imports decreased by 0.2% in the euro area and remained stable in the EU (after +1.8% and +1.7% respectively).
The contribution to GDP growth from:
– household final consumption expenditure was positive for both the euro area (+0.2 percentage points – pp and the EU (+0.3 pp),
– government final expenditure was positive for both the euro area (+0.1 pp) and the EU (+0.2 pp),
– gross fixed capital formation was positive for both the euro area and the EU (+0.1 pp for both),
– changes in inventories was negative for both the euro area (-0.1 pp) and the EU (-0.2 pp), and
– exports less imports was negative for both the euro area and the EU (-0.1 pp for both).
Romania’s economy edged 0.7% higher in real terms in 2025 against 2024, the country’s statistical office INS said on March 6, citing provisional (1) data. In terms of value, in unadjusted data, the country’s gross domestic product (GDP) estimated for 2025 amounted to RON1,910 billion current prices. The country’s economy inched 0.9% higher in 2024 and advanced 2.3% in 2023.