Comparison of changes in volume of GDP in EU member states, Q3 2025 (expanded first estimate)

Released: 19 November 2025

The economic performance of the European Union increased by 1.6% – according to seasonally and calendar adjusted data – in the 3rd quarter of 2025 compared to the same period of the previous year. Eurostat published the data for 21 member states on 14 November 2025, out of which the volume of GDP grew in all except Finland. The largest growth (of 12%) occurred in Ireland, where large multinational enterprises registered there sometimes cause outlying changes in GDP. Ireland was followed in the rankings by Poland and Cyprus, with growths of 3.7% and 3.6%, respectively. Among Visegrád countries, the volume of GDP was up in Czechia (2.7%), Slovakia (0.9%) and Hungary (0.6%), too, in addition to Poland.

The performance of Hungary’s economy was up by 0.6% according to both raw and seasonally and calendar adjusted data compared to the corresponding period of the previous year. The largest contributor to the increase in the volume of GDP was the performance of services, within which mainly information and communication. Industry and agriculture went on slowing the economic performance.

Compared to the previous quarter, the volume of the EU’s GDP was up by 0.3% and that of Hungary’s was unchanged. In this respect, there was a decrease in four countries (Lithuania, Romania, Ireland and Finland) out of the member states providing data.

The Ministry for National Economy counts on a 0.5–1.0% economic increase for 2025. In its forecast published in November 2025, the European Commission predicted a GDP growth of 0.4% for Hungary and of 1.4% for the European Union as a whole.

Table 1

Change in volume of gross domestic product in EU member states, Q3 2025*

Denomination compared to previous quarter, % compared to same quarter of previous year, %
EU average 0.3 1.6
Euro area 0.2 1.4
Belgium 0.3 1.1
Bulgaria 0.7 3.2
Czechia 0.7 2.7
Denmark .. ..
Germany 0.0 0.3
Estonia 0.2 0.9
Ireland −0.1 12.3
Greece .. ..
Spain 0.6 2.8
France 0.5 0.9
Croatia .. ..
Italy 0.0 0.4
Cyprus 0.9 3.6
Latvia .. ..
Lithuania −0.2 1.9
Luxembourg .. ..
Hungary 0.0 0.6
Malta .. ..
Netherlands 0.4 1.6
Austria 0.1 0.6
Poland 0.8 3.7
Portugal 0.8 2.4
Romania −0.2 1.4
Slovenia 0.8 1.6
Slovakia 0.3 0.9
Finland −0.1 −0.9
Sweden 1.1 2.4
* Seasonally and calendar adjusted data. For the Netherlands, Finland and Sweden, the figures compared with the same quarter of the previous year are calendar adjusted only.
Source: Euro indicators – GDP, third quarter of 2025 Download date: 14 November 2025.
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