Italy’s Economic outlook 2024-2025

GDP is expected to increase by 0.5% in 2024 and by 0.8% in 2025

Quarterly national accounts – III quarter 2024

In Q3 2024 GDP remained stable compared to Q2 and increased by 0.4% y-o-y

Note on Italian economy – September-October 2024

The note on Italian economy for the months of September and October 2024 now online

Preliminary estimate of GDP – Q3 2024

In Q3 2024 GDP was stable with respect to the previous quarter and increased by 0.4% y/o/y

Notification of general government deficit and debt according to the excessive deficit procedure – Years 2020-2023

In 2023 the government deficit to GDP ratio was -7.2%

Non-observed economy in national accounts – Years 2019-2022

In 2022 the non-observed economy (underground and illegal activities) is worth 201.6 billion euro, equal to 10.1% of GDP

Quarterly national accounts – Q2 2024

In Q2 2024 Gross Domestic Product (GDP) increased by 0.2% to the previous quarter and by 0.6% y-o-y

Quarterly non-financial sector accounts – Q2 2024

In Q2 2024 deficit/GDP was -3.4%; households gross disposable income +1.2%

Annual National Accounts – Year 2023

In 2023 GDP at current prices was 2,128,001 million euro, grew by +6.6% compared with the previous year.

Report on Italian economy

The report on Italian economy for the months of July and August 2024 now online