Italy

GDP growth, year over year

GDP growth tracks how quickly inflation-adjusted output is expanding or contracting. It is the headline pace measure for business cycles, slowdowns, recoveries, and recessions.

GDP Growth Rate - Italy

Country charts require Starter

Country-level charts start with Starter

The reading right now

As of January 2024, GDP growth, year over year for Italy stood at 0.69%. That is down 0.28 percentage points from the prior year. Over the trailing five years, the series has averaged 1.16%, ranging from a low of -8.87% in January 2020 to a high of 8.93% in January 2021. The current reading sits 0.36 percentage points below its trailing ten-year mean of 1.05%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.