The European Union’s gross domestic product (GDP), seasonally adjusted, rose by 0.2 percent quarter-on-quarter and by 1.5 percent compared to the same period last year in the second quarter of 2025, as reported by Eurostat. This was a decrease from the first quarter’s growth of 0.5 percent and 1.6 percent year-on-year.
In the eurozone, GDP saw a quarterly increase of 0.1 percent and a year-on-year rise of 1.4 percent, following the previous quarter’s growth of 0.6 percent and 1.4 percent.
In contrast, the U.S. economy experienced a 0.7 percent growth compared to the first quarter, which had a slight decline of 0.1 percent. Year-on-year, the U.S. GDP grew by 2 percent, consistent with the previous quarter’s performance.
Among EU nations with available data, Ireland reported the highest annual growth at 16.2 percent, while Austria experienced the lowest at just 0.1 percent.
Bulgaria’s annual GDP growth stood at 3.1 percent, according to the National Statistical Institute (NSI), with a quarterly growth of 0.7 percent.
The employment figures in the EU and eurozone increased by 0.1 percent quarter-on-quarter and by 0.7 percent year-on-year. In the first quarter, EU employment remained stable, whereas the eurozone saw a 0.2 percent quarterly increase. Year-on-year, employment rose by 0.4 percent in the EU and 0.7 percent in the eurozone. (August 14, 2025)
Leave a Reply