Italy GDP growthItaly GDP growthItaly GDP growth

Italy GDP growth

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
2023
Highest
7.00%Dec 31, 2021
Lowest
−9.00%Dec 31, 2020

About Italy GDP growth

Category
GDP
Frequency
Annual
Units
%
Italy is the second largest manufacturing economy in Europe and the third largest economy in the Euro Area. Composition of the GDP on the expenditure side: household consumption (61 percent), government expenditure (19 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 30 percent of GDP while imports for 27 percent, adding 3 percent to total GDP.