According to projections by a range of economic institutions, the economy of the Euro currency area is forecast to grow by between 0.5 percent and 1.2 percent in 2024. The Eurozone saw slow growth in 2023, when it grew by 0.7 percent - albeit this was significantly better than many economic forecasts which predicted a recession in the EU in that year. Across all the forecasts included, growth is expected to pick up in 2025, when the Eurozone's economy is expected to grow between 1.4 and 1.8 percent.
Forecasted real gross domestic product (GDP) rate for the Eurozone currency area from 2024 to 2026, by different economic forecasters
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ECB. (December 14, 2023). Forecasted real gross domestic product (GDP) rate for the Eurozone currency area from 2024 to 2026, by different economic forecasters [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1440270/forecasts-gdp-growth-rate-european-union/
ECB. "Forecasted real gross domestic product (GDP) rate for the Eurozone currency area from 2024 to 2026, by different economic forecasters." Chart. December 14, 2023. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1440270/forecasts-gdp-growth-rate-european-union/
ECB. (2023). Forecasted real gross domestic product (GDP) rate for the Eurozone currency area from 2024 to 2026, by different economic forecasters. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1440270/forecasts-gdp-growth-rate-european-union/
ECB. "Forecasted Real Gross Domestic Product (Gdp) Rate for The Eurozone Currency Area from 2024 to 2026, by Different Economic Forecasters." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/1440270/forecasts-gdp-growth-rate-european-union/
ECB, Forecasted real gross domestic product (GDP) rate for the Eurozone currency area from 2024 to 2026, by different economic forecasters Statista, https://www.statista.com/statistics/1440270/forecasts-gdp-growth-rate-european-union/ (last visited November 17, 2024)
Forecasted real gross domestic product (GDP) rate for the Eurozone currency area from 2024 to 2026, by different economic forecasters [Graph], ECB, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/1440270/forecasts-gdp-growth-rate-european-union/
