FX.co ★ Greece GDP Stalls in Q1

In the first quarter of 2025, Greece's economy showed no growth compared to the previous quarter, which had seen a revised 0.8% increase. This stagnation was primarily due to a negative impact from net external demand, marked by a 0.9% decline in exports (compared to a 0.3% increase in Q4 2024) and a 0.7% rise in imports (from a previous decrease of 1.7%). Furthermore, fixed investments experienced a significant contraction of 6.1% following a growth of 3.7%, and government expenditure also fell by 1.1% after a previous increase of 1.1%. On a more positive note, household consumption began to rebound, showing a 1.3% increase after a 0.1% decline in the prior quarter. Annually, Greece's GDP grew by 2.2% in Q1 2025, a slowdown from the revised 2.5% growth in the previous quarter.