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

Released: 4 November 2025

The economic performance of the European Union increased by 1.5% – according to seasonally and calendar adjusted data available from a preliminary Eurostat flash estimate – in the 3rd quarter of 2025 compared to the same period of the previous year. Eurostat published the data for 15 member states on 30 October 2025, out of which the volume of GDP grew in 14 countries and lessened in one (Finland). The largest growth (of 12%) occurred in Ireland, where large multinational enterprises registered there sometimes cause outlying changes in GDP. Ireland was followed by Spain and Czechia in the rankings, with growths of 2.8% and 2.7%, respectively.

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 grew by 0.3% and that of Hungary’s was unchanged. In this respect, there was a decrease in three countries (Lithuania, 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 May 2025, the European Commission predicted a GDP growth of 0.8% for Hungary and of 1.1% for the European Union as a whole.