According to an estimate published by Eurostat, seasonally adjusted GDP rose by 0.1% in the euro area (EA19) and by 0.2% in the EU27 during the fourth quarter of 2019, compared with the previous quarter. In the third quarter of 2019, GDP had grown by 0.3% in the euro area and by 0.4% in the EU27.
Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.0% in the euro area and by 1.2% in the EU27 in the fourth quarter of 2019, after +1.3% and +1.6% respectively in the previous quarter.
For the year 2019 as a whole, GDP grew by 1.2% in the euro area and by 1.5% in the EU27, after +1.9% and +2.1% respectively in 2018.
During the fourth quarter of 2019, GDP in the United States increased by 0.5% compared with the previous quarter (after also +0.5% in the third quarter of 2019). Compared with the same quarter of the previous year, GDP grew by 2.3% (after +2.1% in the previous quarter).