Eurozone GDP grows 0.4% in Q2, Spain leads big economies

The eurozone economy expanded by 0.4% in the second quarter of 2026, the strongest quarterly growth since early 2025, according to Eurostat data released on Friday. The EU as a whole grew by 0.5% in the same period, also the best since Q1 2025 Source: infobae. This marks a clear rebound from the stagnation seen in the first quarter of the year Source: elconfidencial.

Country breakdown

• Spain led the major eurozone economies with 0.7% quarterly growth, ahead of Germany, France, and Italy, which each grew 0.2% Source: infobae.
• Ireland posted the largest increase among all eurozone members at 3.9%, followed by Slovenia (1.8%) and Lithuania (1.7%) Source: elconfidencial.
• Belgium, Romania, and Austria recorded zero growth Source: infobae.

Context and revisions

Year-on-year, eurozone GDP rose 1.0% and EU GDP 1.2% Source: infobae. The data confirm earlier estimates and cover 99% of eurozone and EU GDP; further revisions are scheduled for September 7 and October 20 Source: infobae. Employment grew 0.1% quarter-on-quarter in both the eurozone and the EU Source: infobae.

External economies

Outside Europe, the US grew 0.4% quarter-on-quarter and 2.1% year-on-year, while the UK expanded 0.4% in Q2, down two-tenths from the previous quarter Source: elconfidencial.