Italy's economy grew 0.1 percent on quarter in the three months to September 2019, the same pace as in the previous period and in line with preliminary estimates. Increases in household consumption and government expenditure more than offset a decline in gross fixed capital formation and negative contribution from net foreign. Year-on-year, the GDP expanded 0.3 percent, after a 0.1 percent advance in the prior quarter and also matching flash estimates.
GDP Growth Rate in Italy averaged 0.58 percent from 1960 until 2019, reaching an all time high of 6 percent in the first quarter of 1970 and a record low of -2.80 percent in the first quarter of 2009. This page provides - Italy GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Institute of Statistics (ISTAT)
GDP Growth Rate in Italy is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Italy to stand at 0.20 in 12 months time. In the long-term, the Italy GDP Growth Rate is projected to trend around 0.30 percent in 2020, according to our econometric models.