The Gross Domestic Product (GDP) in Italy expanded 0.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Italy averaged 2.27 percent from 1961 until 2026, reaching an all time high of 19.20 percent in the second quarter of 2021 and a record low of -17.60 percent in the second quarter of 2020. source: National Institute of Statistics (ISTAT)

GDP Annual Growth Rate in Italy is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy GDP Annual Growth Rate is projected to trend around 0.90 percent in 2027 and 1.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-04 10:00 AM
YoY Final
Q4 0.8% 0.6% 0.8% 0.8%
2026-04-30 08:00 AM
YoY Adv
Q1 0.8% 0.8% 0.6% 0.4%
2026-05-29 10:00 AM
YoY Final
Q1 0.8% 0.8% 0.8%


Related Last Previous Unit Reference
Full Year GDP Growth 0.50 0.80 percent Dec 2025
GDP Growth Rate YoY 0.80 0.80 percent Mar 2026
GDP Constant Prices 488947.20 487685.80 EUR Million Dec 2025
GDP from Agriculture 8052.80 8035.40 EUR Million Dec 2025
GDP from Construction 26012.30 25662.80 EUR Million Dec 2025
GDP from Manufacturing 71404.10 71286.40 EUR Million Dec 2025
GDP from Services 319909.70 319655.90 EUR Million Dec 2025
GDP Growth Rate 0.20 0.30 percent Mar 2026
Gross Fixed Capital Formation 111407.20 110433.50 EUR Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.80 19.20 -17.60 1961 - 2026 percent Quarterly
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