The Italian GDP expanded by 0.6% from the corresponding period of the previous year in the first quarter of 2024, slowing slightly from the 0.7% expansion in the earlier period, but firmly above market expectations of a 0.4% growth rate. source: National Institute of Statistics (ISTAT)
The Gross Domestic Product (GDP) in Italy expanded 0.60 percent in the first quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Italy averaged 2.30 percent from 1961 until 2024, reaching an all time high of 18.10 percent in the second quarter of 2021 and a record low of -17.60 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2024.
The Gross Domestic Product (GDP) in Italy expanded 0.60 percent in the first quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Italy is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy GDP Annual Growth Rate is projected to trend around 1.20 percent in 2025 and 1.30 percent in 2026, according to our econometric models.