The Italian economy expanded at a record 17.30 percent in the second quarter of 2021 over the same quarter of the previous year, matching preliminary estimates. It is the first growth rate since Q4 2019 as the economy attempts to recover from the coronavirus hit. source: National Institute of Statistics (ISTAT)
GDP Annual Growth Rate in Italy averaged 2.24 percent from 1961 until 2021, reaching an all time high of 17.30 percent in the second quarter of 2021 and a record low of -18.20 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 October of 2021.
GDP Annual Growth Rate in Italy is expected to be 10.00 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 3.20 percent in 2022 and 2.30 percent in 2023, according to our econometric models.