Italy GDP Annual Growth Rate

Last Release

Sep 30, 2024

Actual

0.4

Units In

0.9

Frequency

Quarterly

Next Release

Dec 02, 2024

Time to Release

1 Months 1 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
17 Jun 2021	-18.2 Jun 2020	2.25 %	1961-2024	National Institute of Statistics (ISTAT)

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.