Italy GDP Annual Growth Rate  1961-2016 | Data | Chart | Calendar

Italy's gross domestic product advanced 0.8 percent year-on-year in the second quarter of 2016, easing from a 1 percent growth in the previous period while above preliminary estimates of 0.7 percent. It was the lowest figure since the third quarter of 2015. Household consumption increased 1.2 percent (+1.7 percent in Q1); government spending rose 0.7 percent (+0.9 percent) and investments grew 2.1 percent (+2.3 percent in Q1). Exports went up 0.8 percent (+0.1 percent in Q1) and imports rose at a faster 2.1 percent (+2.1 percent in Q1). 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 -7.20 percent in the first quarter of 2009. GDP Annual Growth Rate in Italy is reported by the National Institute of Statistics (ISTAT).

Italy GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.00 10.30 -7.20 1961 - 2016 percent Quarterly
SA
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-31 10:00 AM Q1 1% 1.1% 1% 1%
2016-08-12 08:00 AM Q2 0.7% 1% 0.8% 1.1%
2016-09-02 08:00 AM Q2 0.8% 1% 0.7% 0.7%
2016-11-15 09:00 AM Q3 0.8% 1%
2016-12-01 10:00 AM Q3 0.8%

Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.30 6.00 -3.00 percent [+]
GDP Annual Growth Rate 0.80 1.00 10.30 -7.20 percent [+]
GDP 1814.76 2138.54 2390.73 40.39 USD Billion [+]
GDP Constant Prices 389234.52 389146.84 424823.77 294839.30 EUR Million [+]
Gross Fixed Capital Formation 65680.33 65421.25 93314.80 52865.10 EUR Million [+]
GDP per capita 33704.69 33457.75 38239.07 10868.35 USD [+]
GDP per capita PPP 33587.12 33341.04 38105.69 30733.53 USD [+]
GDP From Agriculture 7277.30 7216.40 7847.60 6488.60 EUR Million [+]
GDP From Construction 16160.70 16129.30 24298.50 16038.00 EUR Million [+]
GDP From Manufacturing 65673.70 66289.50 78866.20 62001.90 EUR Million [+]
GDP From Services 263122.00 262337.00 272293.60 225298.50 EUR Million [+]




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