The Gross Domestic Product (GDP) in Italy contracted 0.10 percent in the first quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Italy averaged 2.40 percent from 1961 until 2019, reaching an all time high of 10.30 percent in the fourth quarter of 1961 and a record low of -7.20 percent in the first quarter of 2009.

GDP Annual Growth Rate in Italy is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Italy to stand at 0.50 in 12 months time. In the long-term, the Italy GDP Annual Growth Rate is projected to trend around 1.40 percent in 2020, according to our econometric models.

Italy GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-01 10:00 AM Full Year GDP Growth 0.9% 1.6% 1%
2019-03-05 09:00 AM GDP Growth Rate YoY Final 0% 0.6% 0.1% 0.1%
2019-04-30 10:00 AM GDP Growth Rate YoY Adv 0.1% 0% -0.1% -0.3%
2019-05-31 08:00 AM GDP Growth Rate YoY Final -0.1% 0% 0.1% 0.1%
2019-07-31 10:00 AM GDP Growth Rate YoY Adv -0.1% 0.2%
2019-08-30 10:00 AM GDP Growth Rate YoY Final 0.2%
2019-10-31 11:00 AM GDP Growth Rate YoY Adv 0.3%


Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 -0.10 6.00 -2.70 percent [+]
GDP Annual Growth Rate -0.10 0.00 10.30 -7.20 percent [+]
GDP 1934.80 1859.38 2390.73 40.39 USD Billion [+]
GDP Constant Prices 403596.00 403103.80 425552.00 294839.30 EUR Million [+]
Gross Fixed Capital Formation 74810.30 74374.10 93562.20 52865.10 EUR Million [+]
GDP per capita 34877.83 34318.50 38236.80 10867.70 USD [+]
GDP per capita PPP 35220.08 34655.26 38612.01 31141.90 USD [+]
GDP From Agriculture 7159.00 6958.00 7937.20 6494.70 EUR Million [+]
GDP From Construction 16856.00 16460.00 24477.10 15831.00 EUR Million [+]
GDP From Manufacturing 70681.00 70325.00 78895.40 61823.30 EUR Million [+]
GDP From Services 271203.00 271622.00 272080.50 224998.40 EUR Million [+]


Italy GDP Annual Growth Rate

Italy is the second largest manufacturing economy in Europe and the third largest economy in the Euro Area. 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. This page 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. Italy GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.00 10.30 -7.20 1961 - 2019 percent Quarterly
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Country Last Previous
China 6.40 Mar/19
India 5.80 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
South Korea 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
Euro Area 1.20 Mar/19
France 1.20 Mar/19
Mexico 1.20 Mar/19
Singapore 1.20 Mar/19
Japan 0.90 Mar/19
Germany 0.70 Mar/19
Brazil 0.50 Mar/19
Russia 0.50 Mar/19
South Africa 0.00 Mar/19
Italy -0.10 Mar/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


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