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

The Italian economy expanded 1.7 percent year-on-year in the third quarter of 2017, lower than a preliminary reading of 1.8 percent but above 1.5 percent in the previous period. It is the fastest growth rate since the first quarter of 2011. The government forecasts 2017 growth at 1.5 percent which would be the strongest rate since 2010. GDP Annual Growth Rate in Italy averaged 2.44 percent from 1961 until 2017, 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.

Italy GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-01 08:00 AM GDP Growth Rate YoY Final 1.5% 1.2% 1.5% 1.5%
2017-11-14 09:00 AM GDP Growth Rate YoY Adv 1.8% 1.5% 1.8% 1.7%
2017-12-01 09:00 AM GDP Growth Rate YoY Final 1.7% 1.5% 1.8% 1.8%
2018-02-14 09:00 AM GDP Growth Rate YoY Adv 1.7%
2018-03-03 09:00 AM GDP Growth Rate YoY Final 1.7%
2018-05-16 08:00 AM GDP Growth Rate YoY Adv


Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.30 6.00 -2.80 percent [+]
GDP Annual Growth Rate 1.70 1.50 10.30 -7.20 percent [+]
GDP 1849.97 1824.90 2390.73 40.39 USD Billion [+]
GDP Constant Prices 400176.90 398747.90 425734.70 294839.30 EUR Million [+]
Gross Fixed Capital Formation 71398.80 69309.40 93540.90 52865.10 EUR Million [+]
GDP per capita 34283.70 33911.93 38236.80 10867.70 USD [+]
GDP per capita PPP 34620.13 34244.71 38612.01 31141.90 USD [+]
GDP From Agriculture 6850.30 7106.80 7939.90 6493.70 EUR Million [+]
GDP From Construction 16056.40 15984.90 24471.60 15828.40 EUR Million [+]
GDP From Manufacturing 69269.00 68208.80 79020.00 61759.00 EUR Million [+]
GDP From Services 269365.00 268995.00 272080.50 224998.40 EUR Million [+]


Italy GDP Annual Growth Rate

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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.50 10.30 -7.20 1961 - 2017 percent Quarterly
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GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
Mexico 1.50 Sep/17
United Kingdom 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17