This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Italy from 2013 to 2023. In 2023, agriculture contributed around 1.86 percent to the GDP, 22.94 percent came from the industry and 64.96 percent from the service sector.

The Gross Domestic Product (GDP) in Italy was worth 2372.77 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Italy represents 2.23 percent of the world economy. This dataset provides the latest reported value for - Italy GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Italy's Gross Domestic Product (GDP) amounted to 2.2 trillion euros in 2024. The Italian economy grew at low rates between 2010 and 2019 and significantly shrank in 2020 following the consequences of the COVID-19 pandemic on the global economy. However, since 2021, GDP has recorded a steady uprise, with remarkably higher growth rates compared to the pre-pandemic period. A difficult outlook for the Italian economy Besides the positive performance recorded right after the COVID-19 pandemic, projections indicate a different outlook. The slow growth of the Italian economy, less than one percent each year from 2025 to 2029, is believed to remove Italy from the giants of the global players. Indeed, by 2028, the ranking of the world's largest economies might appear quite different from the present one. In addition to slow growth, Italy's economy is characterized by large internal disparities. After 160 years of national unity, the country is still very divided, as data on unemployment, GDP, and poverty confirm. National debt: Italy's most difficult challenge Italy still ranks among the top 20 largest economies in the world. However, the large amount of the national debt risks hampering future growth. In 2024, it reached 135 percent of the GDP, equivalent to 3.2 trillion U.S. dollars, and forecasts expect figures to increase over the coming years. By 2029, the debt-to-GDP ratio may hit 137 percent. A large amount of national debt significantly limits the government's possibility to earmark resources for public investments. In fact, a considerable share of the state budget is devoted to reimbursing the debt.

This statistic shows the real gross domestic product (GDP) growth rate in Italy from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, Italy's real GDP increased by about 0.73 percent compared to the previous year. Italy's national debt Italy’s economy is a developed industrial economy that ranks as one of the largest in the world. A large and efficient economy has helped Italy attain a spot as a member of the G7 and G8, as well as the European Union. After the Second World War, Italy experienced a significant economic boost due to support from the ‘’Free World’’, which is a term used to identify non-communist countries during the Cold War. But several decades of economic growth came to an end after the 2008 recession; from roughly 2007 to 2011, the Italian’s encountered multiple setbacks that shrunk the national economy and dramatically affected the country as a whole. Debt became a major problem and Italy saw annual national debt growth primarily due to the country’s inability to maintain its budget properly as well as an overall decrease in GDP. As a result, investors often questioned the country’s ability to pay off its debts without incurring further debt, particularly due to the country’s large debt-to-GDP ratio, which remains one of the highest in the world.

GDP from Manufacturing in Italy increased to 70608.80 EUR Million in the third quarter of 2025 from 69774.90 EUR Million in the second quarter of 2025. This dataset provides - Italy Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Services in Italy increased to 320704.80 EUR Million in the third quarter of 2025 from 320382.70 EUR Million in the second quarter of 2025. This dataset provides - Italy Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The snapshot provided by Prometeia about the economic situation throughout different Italian areas highlights that disparities are a serious issue in the country. Comparing the indexed GDP per capita in 2005, 2015, and 2025 it comes out not only that in the ***** of Italy the GDP per capita has always been twofold likened to the *****, but also that the gap is expected to further increase in 2025. In like manner, in 2018, the ******** regions ****************************** were the ones with the lowest GDP per capita, whereas at the top five of the ranking only ******** Italian regions could be found. Unemployment rates by macro-region The situation was not much different pertaining to unemployment. In 2020, the unemployment rate in the North oscillated between *** and *** percent, while in the South the rate reached **** percent. Overall, the estimated figures for 2021 and 2022 were not optimistic, given that the unemployment rate was expected to increase throughout Italy. However, the growth was forecasted to be more remarkable in the South than in the rest of the country. Italian economy  Undoubtedly, the economic crisis that occurred in Italy in 2008 together with its long-term repercussions contributed to accentuate already existing regional gaps. Currently, Italy is one of Europe’s largest economies. However, in 2018, it also was among the EU countries with the lowest GDP growth. Furthermore, in 2019, Italy was the sixth state with the highest public debt in relation to the gross domestic product worldwide.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Italy (ITAEXPORTADSMEI) from 1995 to 2022 about Italy, exports, goods, and services.

Key information about Italy Total Debt: % of GDP

• Italy Total Debt accounted for 555.5 % of the country's GDP in 2025, compared with the ratio of 551.0 % in the previous quarter.
• Italy Total Debt: % of GDP data is updated quarterly, available from Dec 1995 to Jun 2025.
• The data reached an all-time high of 726.0 % in Mar 2021 and a record low of 378.4 % in Mar 1996.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives for Central Bank, Monetary Financial Institutions excl Central Bank, Other Financial Intermediaries, Financial Auxiliaries, Insurance Corporations, Pension Funds, Non Financial Corporations, Central Government, Local Government, Social Security Funds, Household and NPISH. Bank of Italy provides Total Debt in EUR. Italian National Institute of Statistics provides Nominal GDP in EUR.

GDP from Agriculture in Italy increased to 8023.80 EUR Million in the third quarter of 2025 from 7973.10 EUR Million in the second quarter of 2025. This dataset provides - Italy Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Italy IT: Exports: Lead Time: Median Case data was reported at 2.000 Day in 2016. This records an increase from the previous number of 1.000 Day for 2014. Italy IT: Exports: Lead Time: Median Case data is updated yearly, averaging 2.300 Day from Dec 2007 (Median) to 2016, with 5 observations. The data reached an all-time high of 3.000 Day in 2012 and a record low of 1.000 Day in 2014. Italy IT: Exports: Lead Time: Median Case data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Trade Statistics. Lead time to export is the median time (the value for 50 percent of shipments) from shipment point to port of loading. Data are from the Logistics Performance Index survey. Respondents provided separate values for the best case (10 percent of shipments) and the median case (50 percent of shipments). The data are exponentiated averages of the logarithm of single value responses and of midpoint values of range responses for the median case.; ; World Bank and Turku School of Economics, Logistic Performance Index Surveys. Data are available online at : http://www.worldbank.org/lpi. Summary results are published in Arvis and others' Connecting to Compete: Trade Logistics in the Global Economy, The Logistics Performance Index and Its Indicators report.; Unweighted average;

Italy recorded a Government Debt to GDP of 135.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - Italy Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Italy IT: General Government: Primary Balance: % of GDP data was reported at 3.612 % in 2023. This records an increase from the previous number of 3.595 % for 2022. Italy IT: General Government: Primary Balance: % of GDP data is updated yearly, averaging 1.964 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 5.654 % in 1997 and a record low of -1.787 % in 1990. Italy IT: General Government: Primary Balance: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.FM: Government Finance Statistics.

IT: Gross Intake Ratio in First Grade of Primary Education: Female: % of Relevant Age Group data was reported at 99.093 % in 2015. This records a decrease from the previous number of 99.345 % for 2014. IT: Gross Intake Ratio in First Grade of Primary Education: Female: % of Relevant Age Group data is updated yearly, averaging 97.137 % from Dec 1971 (Median) to 2015, with 43 observations. The data reached an all-time high of 104.539 % in 1971 and a record low of 91.723 % in 1987. IT: Gross Intake Ratio in First Grade of Primary Education: Female: % of Relevant Age Group data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Education Statistics. Gross intake ratio in first grade of primary education is the number of new entrants in the first grade of primary education regardless of age, expressed as a percentage of the population of the official primary entrance age.; ; UNESCO Institute for Statistics; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).

Key information about Italy External Debt: Short Term: % of GDP

• Italy External Debt: Short Term accounted for 40.3 % of the country's Nominal GDP in 2024, compared with the ratio of 45.6 % in the previous year.
• Italy External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2002 to 2024.
• The data reached an all-time high of 56.7 % in 2022 and a record low of 23.0 % in 2004.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and quarterly Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Central Bank, Deposit Taking Corporations and Other Sectors. The Bank of Italy provides Short Term External Debt in EUR based on BPM6. Italian National Institute of Statistics provides Nominal GDP in EUR. Short Term External Debt prior to 2008 is based on BPM5.


Related information about Italy External Debt: Short Term: % of GDP

• In the latest reports of Italy, Current Account recorded a surplus of 4.0 USD bn in Sep 2025.
• Foreign Direct Investment (FDI) increased by 4.2 USD bn in Sep 2025.
• Italy Direct Investment Abroad expanded by 6.7 USD bn in Sep 2025.
• Its Foreign Portfolio Investment increased by 9.8 USD bn in Sep 2025.
• Italy External Debt: Short Term value stood at 1,048.7 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 659.7 USD bn in Sep 2025.

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Italy (LFEASETTITA647N) from 1998 to 2024 about Italy, services, and employment.

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Italy (LFEASETTITQ647S) from Q1 1998 to Q2 2025 about Italy, services, and employment.

Italy IT: International Tourism: Receipts: for Travel Items data was reported at 40.373 USD bn in 2016. This records an increase from the previous number of 39.420 USD bn for 2015. Italy IT: International Tourism: Receipts: for Travel Items data is updated yearly, averaging 36.818 USD bn from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 46.191 USD bn in 2008 and a record low of 25.822 USD bn in 2001. Italy IT: International Tourism: Receipts: for Travel Items data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Tourism Statistics. International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.; ; World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; Gap-filled total;

Italy IT: Persistence to Last Grade of Primary: Male: % of Cohort data was reported at 99.056 % in 2014. This records a decrease from the previous number of 99.432 % for 2013. Italy IT: Persistence to Last Grade of Primary: Male: % of Cohort data is updated yearly, averaging 99.219 % from Dec 2001 (Median) to 2014, with 12 observations. The data reached an all-time high of 100.000 % in 2010 and a record low of 95.382 % in 2001. Italy IT: Persistence to Last Grade of Primary: Male: % of Cohort data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Education Statistics. Persistence to last grade of primary is the percentage of children enrolled in the first grade of primary school who eventually reach the last grade of primary education. The estimate is based on the reconstructed cohort method.; ; UNESCO Institute for Statistics; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).

Italy IT: Primary Completion Rate: Male: % of Relevant Age Group data was reported at 100.561 % in 2015. This records a decrease from the previous number of 100.700 % for 2014. Italy IT: Primary Completion Rate: Male: % of Relevant Age Group data is updated yearly, averaging 100.561 % from Dec 1971 (Median) to 2015, with 43 observations. The data reached an all-time high of 107.722 % in 1975 and a record low of 95.681 % in 1997. Italy IT: Primary Completion Rate: Male: % of Relevant Age Group data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Education Statistics. Primary completion rate, or gross intake ratio to the last grade of primary education, is the number of new entrants (enrollments minus repeaters) in the last grade of primary education, regardless of age, divided by the population at the entrance age for the last grade of primary education. Data limitations preclude adjusting for students who drop out during the final year of primary education.; ; UNESCO Institute for Statistics; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).