Italy GDP Growth Rate

Name: Italy GDP Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Italy,GDP Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

The Italian GDP expanded by 0.2% on the second quarter of 2026, easing from the 0.3% growth in the earlier period and aligned with the preliminary estimate. It marked four consecutive quarters of growth in the Italian economy, despite the economic headwinds in the June quarter as the outbreak of war in the Middle East triggered a global energy shortage and lifted borrowing costs. Private consumption expanded by 0.4% on the quarter, offsetting a 0.1% contraction in government expenditure as Rome attempts to reign in spending to comply with EU fiscal rules. In the meantime, gross fixed investment rose by 0.3% as a 7.4% surge in non-residential development offset a 7% drop in residential construction. Meanwhile, net-foreign demand contributed negatively to the GDP, with a 0.8% jump in exports and a 1.7% rise in imports, weighed by expensive energy purchases from abroad. The Italian GDP was set to grow 0.8% this year should there be no growth for the rest of the year. 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 September 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.

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	491508.30	490666.00	EUR Million	Jun 2026
GDP from Agriculture	8027.00	8043.00	EUR Million	Jun 2026
GDP from Construction	26467.00	26076.00	EUR Million	Jun 2026
GDP from Manufacturing	71481.40	71451.20	EUR Million	Mar 2026
GDP from Services	322444.00	321207.00	EUR Million	Jun 2026
GDP Growth Rate	0.20	0.30	percent	Jun 2026
Gross Fixed Capital Formation	112775.30	112475.20	EUR Million	Jun 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

Compare: GDP Growth Rate by Country

News Stream

Italian GDP Expands for 4th Quarter

The Italian GDP expanded by 0.2% on the second quarter of 2026, easing from the 0.3% growth in the earlier period and aligned with the preliminary estimate. It marked four consecutive quarters of growth in the Italian economy, despite the economic headwinds in the June quarter as the outbreak of war in the Middle East triggered a global energy shortage and lifted borrowing costs. Private consumption expanded by 0.4% on the quarter, offsetting a 0.1% contraction in government expenditure as Rome attempts to reign in spending to comply with EU fiscal rules. In the meantime, gross fixed investment rose by 0.3% as a 7.4% surge in non-residential development offset a 7% drop in residential construction. Meanwhile, net-foreign demand contributed negatively to the GDP, with a 0.8% jump in exports and a 1.7% rise in imports, weighed by expensive energy purchases from abroad. The Italian GDP was set to grow 0.8% this year should there be no growth for the rest of the year.

2026-09-01

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