The euro zone economy grew 1.4% and that of the European Union (EU) grew 1.6% in the third quarter of 2025, compared to the same period last year, and Portugal recorded the third biggest quarterly increase (0.8%), according to Eurostat.
According to data released today by the European statistical service, between July and September the Gross Domestic Product (GDP) of the euro area grew 0.2% compared to the previous quarter and that of the 27 Member States increased 0.3%.
Ireland (12.3%), Poland (3.7%) and Cyprus (3.6%) showed the biggest year-on-year increases in their GDP, with Finland registering the only decline (-0.9%), among the Member States for which data is available.
In comparison with the second quarter, between July and September, Sweden’s GDP improved the most (1.1%), followed by Cyprus (0.9%), Portugal and Poland (0.8%), with Romania and Lithuania (-0.2% each) showing the biggest quarterly contraction, followed by Ireland and Finland (-0.1% each).
In Portugal, GDP grew 2.4% compared to the third quarter of 2024.
In the same bulletin, Eurostat indicates that the employment rate increased by 0.5% in the euro zone and 0.6% in the EU, year-on-year, and by 0.1% and 0.2%, respectively, in a quarter-on-quarter comparison.