Key data points
Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
13.90 % on Sep 30, 2020
Lowest
−11.80 % on Jun 30, 2020
About Italy GDP Growth Rate
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.