According to Eurostat, in the third quarter of 2021, GDP had grown by 2.3% in the euro area
and 2.2% in the EU.
According to a first estimation of annual growth for 2021, based on seasonally and calendar adjusted quarterly
data, GDP increased by 5.2% in both the euro area and the EU.
These preliminary GDP flash estimates are based on data sources that are incomplete and subject to further
revisions.
Among the Member States for which data are available for the fourth quarter 2021, Spain (+2.0%) recorded the
highest increase compared to the previous quarter, followed by Portugal (+1.6%) and Sweden (+1.4%). Declines
were recorded in Austria (-2.2%), Germany (-0.7%) and in Latvia (-0.1%). The year on year growth rates were
positive for all countries.
