GDP and General Government net borrowing

The National Institute of Statistics releases the estimates of Gross Domestic Product (GDP) and General Government debt in accordance with the definitions of the European System of Accounts (ESA 2010) and Council Regulation (EC) n. 549/2013.

In 2014, GDP at current prices increased by 0.4% (to 1,616,048 million euro) compared with the previous year.

The chain-link volume measure of GDP decreased by -0.4%, after falling by -1.7% in 2013.

The decrease in GDP was due to a contraction in Gross fixed capital formation (-3.3%) while Final consumption expenditure resulted unchanged (0.0%). Imports increased  by 1.8% and export by 2.7%.

General Government net borrowing was -49,015 million euro (-3.0% of GDP), comparing with  -2.9% of GDP in the previous year, while General Government debt went up to 2,134,947 million euro (132.1% of GDP).

For more details please refer to the Italian version.

Date of next release: 2 October 2015