The Italian economy advanced by 0.8 percent year-on-year in the third quarter of 2018, slowing from a 1.2 percent expansion in the previous three-month period. It was the weakest growth rate since the second quarter of 2015. GDP Annual Growth Rate in Italy averaged 2.42 percent from 1961 until 2018, 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.

Italy GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-31 10:00 AM GDP Growth Rate YoY Adv 1.1% 1.4% 1.2% 1.4%
2018-08-31 10:00 AM GDP Growth Rate YoY Final 1.2% 1.4% 1.1% 1.1%
2018-10-30 09:00 AM GDP Growth Rate YoY Adv 0.8% 1.2% 0.9% 1.2%
2018-11-30 11:00 AM GDP Growth Rate YoY Final 1.2% 0.8% 0.8%


Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.20 6.00 -2.80 percent [+]
GDP Annual Growth Rate 0.80 1.20 10.30 -7.20 percent [+]
GDP 1934.80 1859.38 2390.73 40.39 USD Billion [+]
GDP Constant Prices 404509.00 404423.00 425734.70 294839.30 EUR Million [+]
Gross Fixed Capital Formation 74445.00 72369.70 93540.90 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 7057.00 7158.00 7939.90 6493.70 EUR Million [+]
GDP From Construction 16278.00 16241.00 24471.60 15838.00 EUR Million [+]
GDP From Manufacturing 69300.00 69121.00 79020.00 61759.00 EUR Million [+]
GDP From Services 271930.00 271346.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.20 10.30 -7.20 1961 - 2018 percent Quarterly
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South Africa 0.40 Jun/18
Japan 0.30 Sep/18
Argentina -4.20 Jun/18


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