Italy GDP Annual Growth Rate  1961-2017 | Data | Chart | Calendar

Italy's economy expanded 1 percent year-on-year in the fourth quarter of 2016, the same pace as in the previous period and below a preliminary reading of 1.1 percent growth. In 2016, the economy advanced also 1 percent after growing by 0.7 percent in 2015 and by 0.2 percent in 2014. The government forecasts 1 percent economic growth in 2017. GDP Annual Growth Rate in Italy averaged 2.45 percent from 1961 until 2016, reaching an all time high of 10.30 percent in the fourth quarter of 1961 and a record low of -7.10 percent in the first quarter of 2009.

Italy GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-01 10:00 AM Q3 1.0% 1.0% 0.9% 0.9%
2017-02-14 09:00 AM Q4 1.1% 1.1% 1% 1%
2017-03-03 09:00 AM Q4 1% 1% 1.1% 1.1%
2017-05-16 08:00 AM Q1 1% 1.1%
2017-06-01 08:00 AM Q1 1% 1.1%
2017-08-16 08:00 AM Q2 1.2%




Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.30 6.00 -2.90 percent [+]
GDP Annual Growth Rate 1.00 1.00 10.30 -7.10 percent [+]
GDP 1821.50 2149.81 2390.73 40.39 USD Billion [+]
GDP Constant Prices 393512.08 392792.44 424823.77 294839.30 EUR Million [+]
Gross Fixed Capital Formation 69182.55 68298.02 93295.10 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 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 Annual Growth Rate Notes

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. This page provides the latest reported value for - Italy GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 10.30 -7.10 1961 - 2016 percent Quarterly
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