In 2020 GDP at current prices decreased by 7.9% (to 1,653,577 million euro) compared with the previous year. The chained volume measure of GDP fell by 8.9%.<\/p>\n
Gross fixed capital formation decreased in volume by 9.2%, final consumption expenditure by 7.8%, exports by 14.0% and imports of goods and services by 12.9%.<\/p>\n
National demand (excluding changes in inventories) has contributed to GDP decrease by 7.8 percentage points, net exports by 0.8 points and changes in inventories by 0.4 percentage points.<\/p>\n
Value added in volume reduced in agriculture, forestry and fishing (-6.3%), in mining and quarrying, manufacturing and other industrial activities (-10.9%), in constructions (-6.4%) and in services activities (-8.3%).<\/p>\n
General Government net borrowing was 158,441 million euro: -9.6% of GDP, compared with -1.5% in 2019.<\/p>\n
Primary balance (General Government net borrowing net of interests) was -6.1% of GDP (+1.8% in 2019).<\/p>\n","protected":false},"excerpt":{"rendered":"
In 2020 GDP at current prices decreased by 7.9% (to 1,653,577 million euro) compared with the previous year. The chained volume measure of GDP fell […]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3192,3690,3186,3254,3206,3225,3228,3344,3250,3263,3200,2969],"regione":[],"tema":[4065],"class_list":["post-26168","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-accounts","tag-annual-accounts","tag-consumptions","tag-debt","tag-deficit","tag-exports","tag-gdp","tag-general-government","tag-imports","tag-investments","tag-public-debt","tag-report","tema-national-accounts"],"meta_fields":{"data_pubblicazione":"20210922","descrizioneperiodo":"Year 2020","titolobreve":"Annual national accounts - Year 2020","news":"In 2020 GDP decreased by 8.9% over 2019 and the deficit\/GDP ratio reached -9,6%","news_rss":"In 2020 GDP at current prices decreased by 7.9% (to 1,653,577 million euro) compared with the previous year. The chained volume measure of GDP fell by 8.9%.\nGross fixed capital formation decreased in volume by 9.2%, final consumption expenditure by 7.8%, exports by 14.0% and imports of goods and services by 12.9%.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3192,"label":"accounts","slug":"accounts"},{"id":3690,"label":"annual accounts","slug":"annual-accounts"},{"id":3186,"label":"consumptions","slug":"consumptions"},{"id":3254,"label":"debt","slug":"debt"},{"id":3206,"label":"deficit","slug":"deficit"},{"id":3225,"label":"exports","slug":"exports"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3344,"label":"general government","slug":"general-government"},{"id":3250,"label":"imports","slug":"imports"},{"id":3263,"label":"investments","slug":"investments"},{"id":3200,"label":"public debt","slug":"public-debt"},{"id":2969,"label":"statistics report","slug":"report"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/26168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=26168"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/26168\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=26168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=26168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=26168"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=26168"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=26168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}