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Italy real GDPItaly real GDPItaly real GDP

Italy real GDP

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ITGDPCP chart


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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪453.50 B‬EUR on Mar 31, 2008
Lowest
‪294.84 B‬EUR on Sep 30, 1993

About Italy real GDP


Category
GDP
Source
National Institute of Statistics (ISTAT)
Frequency
Quarterly
Units
EUR

Related indicators


ITFYGDPG
Full Year GDP Growth
ITGDP
GDP
ITGDPA
GDP From Agriculture
ITGDPC
GDP From Construction
ITGDPMAN
GDP From Manufacturing
ITGDPPC
GDP Per Capita
ITGDPPCP
GDP Per Capita PPP
ITGDPQQ
GDP Growth Rate
ITGDPS
GDP From Services
ITGDPYY
GDP Growth
ITGFCF
Gross Fixed Capital Formation

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Italy real GDP was 450.759 B EUR, and the quarter before that it reached 450.056 B EUR.