Macro - Country Economic Forecasts - Eurozone

We lowered our eurozone GDP growth forecast for 2025 by 0.1ppt to 1.1%. We expect GDP growth will gradually gain pace over the course of this year and expand by 1.5% in 2026. Risks for the eurozone are on the downside due to domestic and international factors.


Eurozone: Economy started the year on a subdued note
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy

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