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

The GDP in Italy advanced a meager 0.2 percent on quarter in the first three months of 2017, the same as in the previous period and in line with expectations. The economy continues to underperform most of its partners in the Euro Area as external demand dragged down on growth, preliminary estimates showed. GDP Growth Rate in Italy averaged 0.60 percent from 1960 until 2017, reaching an all time high of 6 percent in the first quarter of 1970 and a record low of -2.90 percent in the first quarter of 2009.

Italy GDP Growth Rate
Receive the next reported value for Italy GDP Growth Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-14 09:00 AM Q4 0.2% 0.3% 0.2% 0.2%
2017-03-03 09:00 AM Q4 0.2% 0.3% 0.2% 0.2%
2017-05-16 08:00 AM Q1 0.2% 0.2% 0.2% 0.3%
2017-06-01 08:00 AM Q1 0.2% 0.2% 0.2%
2017-08-16 08:00 AM Q2 0.3%
2017-09-01 08:00 AM Q2 0.3%




Italian Economy Expands 0.2% In Q1, Matches Expectations


The GDP in Italy advanced a meager 0.2 percent on quarter in the first three months of 2017, the same as in the previous period and in line with expectations. The economy continues to underperform most of its partners in the Euro Area as external demand dragged down on growth, preliminary estimates showed.

On the expenditure side, internal demand was the main driver of growth, namely gross inventories while net trade made a negative contribution. On the production side, agriculture and services increased while the industrial sector contracted.

Year-on-year, the economy advanced 0.8 percent, below 1 percent in the previous quarter but matching forecasts. The GDP is expected to expand 1.1 percent in 2017 according to government estimates. 

Istat | Joana Taborda | joana.taborda@tradingeconomics.com
5/16/2017 9:41:17 AM



Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.20 6.00 -2.90 percent [+]
GDP Annual Growth Rate 0.80 1.00 10.30 -7.10 percent [+]
GDP 1821.50 2149.81 2390.73 40.39 USD Billion [+]
GDP Constant Prices 394548.58 393512.08 424823.77 294839.30 EUR Million [+]
Gross Fixed Capital Formation 69182.55 68298.02 93295.10 52865.10 EUR Million [+]
GDP per capita 33889.20 33610.66 38239.07 10868.35 USD [+]
GDP per capita PPP 34219.76 33938.46 38612.01 31141.90 USD [+]
GDP From Agriculture 6997.90 7269.60 7857.80 6480.20 EUR Million [+]
GDP From Construction 15961.20 15869.30 24295.40 15821.50 EUR Million [+]
GDP From Manufacturing 68123.50 67535.40 78814.70 62017.90 EUR Million [+]
GDP From Services 264307.90 264197.30 272080.50 224998.40 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.20 6.00 -2.90 1960 - 2017 percent Quarterly
SA



gdp growth rate by Country

Last
Turkey 3.80 Dec/16
India 1.60 Dec/16
China 1.30 Mar/17
Australia 1.10 Dec/16
South Korea 0.90 Mar/17
Spain 0.80 Mar/17
Mexico 0.70 Mar/17
United States 0.70 Mar/17
Canada 0.60 Dec/16
Germany 0.60 Mar/17
Euro Area 0.50 Mar/17
Japan 0.50 Mar/17
Netherlands 0.40 Mar/17
France 0.30 Mar/17
United Kingdom 0.30 Mar/17
Italy 0.20 Mar/17
Switzerland 0.10 Dec/16
Indonesia -0.34 Mar/17
Russia -0.57 Sep/15
Brazil -0.90 Dec/16