Change in consumption value due to coronavirus in Italy 2020, by sector

According to estimations from April 2020, the coronavirus pandemic will have a significant impact on the Italian economy. Especially, it is estimated that the hotel and catering sector will experience the largest decrease in terms of consumption value. If the coronavirus emergency will last until the beginning of October 2020, it is forecasted that the consumption value of this sector will decrease of 37 percent compared to 2019. Moreover, the entertainment and education industry is expected to be the second most hit sector, dropping of 16.9 percent compared to the previous year.

Currently, the coronavirus (COVID-19) has infected people across six continents. For a global overview of the economic impact of the coronavirus pandemic, consult the dossier Coronavirus: impact on the global economy.

Estimated percentage change in consumption value due to coronavirus (COVID-19) in Italy in 2020, by sector

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Source

Release date

May 2020

Region

Italy

Survey time period

April 30, 2020

Supplementary notes

Percentage decrease in 2020 compared to 2019.

The source considers a scenario in which the emergency lasts until October 1, 2020.

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Statistics on "Coronavirus: economic impact in Italy"

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