The Gross Domestic Product (GDP) in Italy expanded 0.10 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Italy GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The Gross Domestic Product (GDP) in Italy expanded 0.60 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Italy GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The outbreak of the pandemic has caused recession and severe economic downturns. In 2020, Italy's GDP decreased by *** percent compared to the pervious year. In the next years, the Italian economy is expected to recover. A forecasted published in October 2021 estimated that in 2021 the GDP of Italy could experience an increase by *** percent. Similarly, in 2022 Italy's GDP would grow by *** percent.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Full Year GDP Growth in Italy remained unchanged at 0.70 percent in 2024 from 0.70 percent in 2023. This dataset includes a chart with historical data for Italy Full Year GDP Growth.

Graph and download economic data for Real Gross Domestic Product for Italy (CLVMNACSCAB1GQIT) from Q1 1996 to Q3 2025 about Italy, real, and GDP.

Italy IT: GDP: Growth data was reported at 1.502 % in 2017. This records an increase from the previous number of 0.858 % for 2016. Italy IT: GDP: Growth data is updated yearly, averaging 1.986 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 8.207 % in 1961 and a record low of -5.482 % in 2009. Italy IT: GDP: Growth 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: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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.

Key information about Italy Real GDP Growth

• The Gross Domestic Product (GDP) in Italy expanded 0.4 % YoY in Sep 2025, following a growth of 0.5 % in the previous quarter.
• Real GDP Growth YoY data in Italy is updated quarterly, available from Mar 1982 to Sep 2025, with an average rate of 0.1 %.
• The data reached an all-time high of 19.2 % in Jun 2021 and a record low of -18.1 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Italian National Institute of Statistics provides Real GDP in EUR based on ESA 2010, at chain linked 2020 prices. Real GDP Growth prior to Q1 1997 is calculated from Real GDP based on ESA 1995 at chain linked 2000 prices.


Related information about Italy Real GDP Growth

• In the latest reports, Nominal GDP of Italy reached 659.7 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 2.7 % in Sep 2025.
• GDP Per Capita in Italy reached 38,230.6 USD in Dec 2023.
• Its Gross Savings Rate was measured at 24.6 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 21.4 % in Sep 2025.
• Public Consumption accounted for 16.7 % in Sep 2025.
• Private Consumption accounted for 58.7 % in Sep 2025.

The latest data from show economic growth of 0.6 percent, which is an increase from the rate of growth of 0.5 percent in the previous quarter and
no change compared to the growth rate of 0.6 percent in the same quarter last year. The economic growth time series for Italy cover the period from...

Between 2008 and 2021, the potential growth of the Italian economy followed a positive trend. According to data, in 2018 the potential growth of the Italian economy was *** percent. However, the rate is expected to increase to *** percent in 2021.

Italy - Real GDP growth rate was 0.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Real GDP growth rate - last updated from the EUROSTAT on December of 2025. Historically, Italy - Real GDP growth rate reached a record high of 8.90% in December of 2021 and a record low of -8.90% in December of 2020.

Economic growth, quarterly in Italy, September, 2025 The most recent value is 0 percent as of Q3 2025, an increase compared to the previous value of -0.1 percent. Historically, the average for Italy from Q2 1996 to Q3 2025 is 0.18 percent. The minimum of -12.5 percent was recorded in Q2 2020, while the maximum of 14.2 percent was reached in Q3 2020. | TheGlobalEconomy.com

Key information about Italy Nominal GDP Growth

• Italy Nominal GDP Growth was reported at 3.045 % in Sep 2025.
• This records an increase from the previous number of 2.774 % for Jun 2025.
• Italy Nominal GDP Growth data is updated quarterly, averaging 3.408 % from Mar 1981 to Sep 2025, with 179 observations.
• The data reached an all-time high of 21.075 % in Dec 1981 and a record low of -16.068 % in Jun 2020.
• Italy Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Italian National Institute of Statistics provides Nominal GDP in EUR based on ESA 2010. Nominal GDP Growth prior to Q1 1996 is calculated from Nominal GDP based on ESA 1995 and in accordance to SIC 2007, and prior to Q1 1991 based on ESA 1995 only.

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.

Quarterly dataset of the Italy GDP Growth Rate (YoY), including historical data, latest releases, and long-term trends from 1996-03-31 to 2025-09-30. Available for free download in CSV format.

Historical dataset showing Italy gdp growth rate by year from 1961 to 2023.

Italy GDP Growth Tracker: YoY: High data was reported at 4.432 % in 23 Apr 2023. This records an increase from the previous number of 3.952 % for 16 Apr 2023. Italy GDP Growth Tracker: YoY: High data is updated weekly, averaging 3.681 % from May 2019 (Median) to 23 Apr 2023, with 207 observations. The data reached an all-time high of 35.758 % in 18 Apr 2021 and a record low of -22.572 % in 29 Mar 2020. Italy GDP Growth Tracker: YoY: High data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.WT: GDP Growth Tracker: Weekly.

Monthly and long-term Italy GDP data: historical series and analyst forecasts curated by FocusEconomics.

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.