The Italian GDP expanded by 0.2% in the second quarter of 2026, ahead of the median consensus of a 0.1% to mark the fourth consecutive period of growth. The result reflected some resilience to adverse macroeconomic developments in the period as the outbreak of war in the Middle East triggered a surge in fuel and natural gas prices, lifting borrowing costs faced by households, businesses, and the government. The expansion was supported by services, offsetting a contraction in both agriculture and industry. On the demand side, domestic consumption offset the negative impact from net foreign demand, with higher energy prices weighing on import turnover. The Italian economy recorded by a carry-over growth rate of 0.8% in H1, firmly above the bank of Italy forecasts of 0.5% for 2026. source: National Institute of Statistics (ISTAT)

The Gross Domestic Product (GDP) in Italy expanded 0.20 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Italy averaged 0.56 percent from 1960 until 2026, reaching an all time high of 13.90 percent in the third quarter of 2020 and a record low of -11.80 percent in the second quarter of 2020. This page provides - Italy GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

The Gross Domestic Product (GDP) in Italy expanded 0.20 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Italy is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy GDP Growth Rate is projected to trend around 0.20 percent in 2027 and 0.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 10:00 AM
QoQ Final
Q1 0.3% 0.3% 0.2% 0.2%
2026-07-30 08:00 AM
QoQ Adv
Q2 0.2% 0.3% 0.1% 0.1%
2026-09-01 08:00 AM
QoQ Final
Q2 0.3% 0.2% 0.2%


Related Last Previous Unit Reference
Full Year GDP Growth 0.50 0.80 percent Dec 2025
GDP Growth Rate YoY 1.00 0.80 percent Jun 2026
GDP Constant Prices 490496.40 489124.90 EUR Million Mar 2026
GDP from Agriculture 8005.80 8047.80 EUR Million Mar 2026
GDP from Construction 25984.50 26060.60 EUR Million Mar 2026
GDP from Manufacturing 71481.40 71451.20 EUR Million Mar 2026
GDP from Services 321090.70 319897.80 EUR Million Mar 2026
GDP Growth Rate 0.20 0.30 percent Jun 2026
Gross Fixed Capital Formation 112365.00 111601.00 EUR Million Mar 2026


Italy GDP Growth Rate
Italy is the ninth largest economy in the world and the third largest in the Euro Zone. The country has a diversified industrial base driven in large part by manufacturing of high-quality consumer goods. 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.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 13.90 -11.80 1960 - 2026 percent Quarterly
SA

News Stream
Italy GDP Grows More than Expected in Q2
The Italian GDP expanded by 0.2% in the second quarter of 2026, ahead of the median consensus of a 0.1% to mark the fourth consecutive period of growth. The result reflected some resilience to adverse macroeconomic developments in the period as the outbreak of war in the Middle East triggered a surge in fuel and natural gas prices, lifting borrowing costs faced by households, businesses, and the government. The expansion was supported by services, offsetting a contraction in both agriculture and industry. On the demand side, domestic consumption offset the negative impact from net foreign demand, with higher energy prices weighing on import turnover. The Italian economy recorded by a carry-over growth rate of 0.8% in H1, firmly above the bank of Italy forecasts of 0.5% for 2026.
2026-07-30
Italy GDP Growth Revised Higher
The Italian GDP expanded by 0.3% in the first quarter of 2026, maintaining the pace of growth from the earlier period and revised above the 0.2% increase penned in the preliminary estimate, further beating expectations of a 0.1% growth rate. The GDP was carried by a 0.4% expansion in domestic expenditure, with household consumption rising 0.5% while public expenditure stalled. In the meantime, gross fixed investment expanded by 0.7%, as a 2.7% drop in residential development was offset by a 1.3% increase in non-residential investments. Meanwhile, net foreign demand contributed to a 0.9 percentage point increase in the GDP growth figure, as exports grew by 2.2% in the period while imports fell by 0.7%. This offset a 1.1 percentage point drag on the GDP growth figure from negative changes to inventory. From the previous year, the first quarter GDP expanded by 0.8%.
2026-05-29
Italy GDP Grows More than Expected
The Italian GDP expanded by 0.2% from the previous quarter in the first quarter of 2026, above expectations of a 0.1% expansion, according to a preliminary estimate conducted by ISTAT. Growth was recorded in net exports, despite the elevated prices of energy that Italy imports during the final month of the quarter, which offset a negative contribution from changes in inventories. The GDP expanded by 0.8% from the previous year. When annualizing the growth rate, the data indicated a 0.5% expansion for 2026. This is a slowdown with the 0.7% from 2025 and aligned with the updated 0.5% projected by the Bank of Italy, but below the 0.8% projections from ISTAT and the EU, of which were made before the outbreak of war in the Middle East pressured the European economy.
2026-04-30