Italy GDP Growth Rate  1960-2017 | Data | Chart | Calendar | Forecast

Italy's gross domestic product advanced 0.2 percent on quarter in the three months to December 2016, easing from a 0.3 percent growth in the previous period and in line with market expectations, the preliminary estimate showed. The expansion was driven by domestic demand, while trade flows were a drag on growth. Compared with the same period of 2015, the economy expanded by 1.1 percent, the same as in the third quarter. In 2016, the GDP advanced 0.9 percent, the most in six years, following a 0.7 percent increase the year before and slightly better than 0.8 percent projected by the government. GDP Growth Rate in Italy averaged 0.60 percent from 1960 until 2016, reaching an all time high of 6 percent in the first quarter of 1970 and a record low of -3 percent in the first quarter of 2009.

Italy GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-15 09:00 AM Q3 0.3% 0% 0.2% 0.2%
2016-12-01 10:00 AM Q3 0.3% 0.1% 0.3% 0.3%
2017-02-14 09:00 AM Q4 0.2% 0.3% 0.2% 0.2%
2017-03-03 09:00 AM Q4 0.3% 0.2% 0.2%
2017-05-16 08:00 AM Q1 0.3%
2017-06-01 08:00 AM Q1 0.3%




Italian GDP Growth Eases To 0.2% In Q4


Italy's gross domestic product advanced 0.2 percent on quarter in the three months to December 2016, easing from a 0.3 percent growth in the previous period and in line with market expectations, the preliminary estimate showed.

The expansion was driven by domestic demand, while trade flows were a drag on growth. On the production side, industry and services activity expanded, while agriculture contracted.

Compared with the same quarter a year earlier, the GDP advanced 1.1 percent, the same as in the third quarter and also in line with market expectations.

In 2016, the GDP advanced 0.9 percent, the most in six years, following a 0.7 percent increase the year before and slightly better than 0.8 percent projected by the government. For 2017, the economy is expected to expand by 1 percent.

Istat | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/14/2017 1:07:02 PM



Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.30 6.00 -3.00 percent [+]
GDP Annual Growth Rate 1.10 1.10 10.30 -7.20 percent [+]
GDP 1821.50 2149.81 2390.73 40.39 USD Billion [+]
GDP Constant Prices 393535.57 392144.00 424823.77 294839.30 EUR Million [+]
Gross Fixed Capital Formation 66759.50 65680.33 93314.80 52865.10 EUR Million [+]
GDP per capita 33849.39 33610.66 38239.07 10868.35 USD [+]
GDP per capita PPP 33731.32 33493.42 38105.69 30733.53 USD [+]
GDP From Agriculture 7273.20 7277.30 7847.60 6488.60 EUR Million [+]
GDP From Construction 15858.90 16160.70 24298.50 15858.90 EUR Million [+]
GDP From Manufacturing 66685.00 65673.70 78866.20 62001.90 EUR Million [+]
GDP From Services 264596.00 263122.00 272293.60 225298.50 EUR Million [+]



Italy GDP Growth Rate Notes

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. This page provides - Italy GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 6.00 -3.00 1960 - 2016 percent Quarterly
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