In 2024 GDP at current prices grew by 2.9% (to 2,192,182 million euro) compared with the previous year. The chained volume measure of GDP increased by 0.7%.<\/p>\n\n\n\n
Gross fixed capital formation, final consumption expenditure and exports rose in volume by 0.5%, 0.6% and 0.4% respectively; imports of goods and services decreased by 0.7%.<\/p>\n\n\n\n
National demand (excluding changes in inventories) has contributed to GDP growth by +0.5 percentage points and net exports by +0.4 points. The contributions of changes in inventories was negative by 0.1 percentage points.<\/p>\n\n\n\n
Value added in volume increased by 2.0% in agriculture, forestry and fishing, by 1.2% in construction and by 0.6% in services, while it decreased in mining and quarrying, manufacturing and other industrial activities (-0.1%).<\/p>\n\n\n\n
General Government net borrowing was -75,547 million euro: -3.4% of GDP, compared with -7.2 % in 2023.<\/p>\n\n\n\n
Primary balance (General Government net borrowing net of interests) was +0.4% of GDP (-3.6% in 2023).<\/p>\n\n\n\n
This press release was closed with data available as of February 26.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
In 2024 GDP at current prices grew by 2.9% (to 2,192,182 million euro) compared with the previous year<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3192,3364,3254,3206,3228,3534,3344,3263,3365,3234,2969,3415],"regione":[],"tema":[4065,4069],"class_list":["post-88793","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-accounts","tag-current-balance","tag-debt","tag-deficit","tag-gdp","tag-gdp-net-borrowing","tag-general-government","tag-investments","tag-primary-balance","tag-public-finance","tag-report","tag-value-added","tema-national-accounts","tema-public-administrations"],"meta_fields":{"data_pubblicazione":"20240301","descrizioneperiodo":"Year 2023","titolobreve":"GDP and general government net borrowing - Year 2023","news":"In 2023 the chained volume measure of GDP increases by 0.9% over 2022; the deficit\/GDP ratio is -7,2%, it was -8,6% in 2022","news_rss":"Gross fixed capital formation, final consumption expenditure and exports rose in volume by 4.7%, 1.2% and 0.2% respectively; imports of goods and services decreased by 0.5%.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3192,"label":"accounts","slug":"accounts"},{"id":3364,"label":"current balance","slug":"current-balance"},{"id":3254,"label":"debt","slug":"debt"},{"id":3206,"label":"deficit","slug":"deficit"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3534,"label":"GDP net borrowing","slug":"gdp-net-borrowing"},{"id":3344,"label":"general government","slug":"general-government"},{"id":3263,"label":"investments","slug":"investments"},{"id":3365,"label":"primary balance","slug":"primary-balance"},{"id":3234,"label":"public finance","slug":"public-finance"},{"id":2969,"label":"statistics report","slug":"report"},{"id":3415,"label":"value added","slug":"value-added"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/88793","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=88793"}],"version-history":[{"count":4,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/88793\/revisions"}],"predecessor-version":[{"id":88816,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/88793\/revisions\/88816"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=88793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=88793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=88793"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=88793"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=88793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}