The Italian economy showed no growth quarter-on-quarter in the third quarter of 2018, following a 0.2 percent expansion in the previous period and below market expectations of a 0.1 percent growth. I t was the first time that the gross domestic product stalled since the last quarter of 2014. GDP Growth Rate in Italy averaged 0.59 percent from 1960 until 2018, reaching an all time high of 6 percent in the first quarter of 1970 and a record low of -2.80 percent in the first quarter of 2009.
GDP Growth Rate in Italy is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Italy to stand at 0.40 in 12 months time. In the long-term, the Italy GDP Growth Rate is projected to trend around 0.50 percent in 2020, according to our econometric models.
Join Trading Economics
Trading Economics provides more than 20 million economic indicators for nearly 200 countries, plus exchange rates, government bond yields, stock indexes, and commodity prices.
Subscription users can use a web interface to export data or get it directly through an Excel add-in.
Clients can also use an API to have direct access to our data, to query our real-time economic calendar and to subscribe to updates from any programming language.