Gross domestic product (GDP) growth rate in Italy 2024

Italy: Real gross domestic product (GDP) growth rate from 2014 to 2024 (compared to the previous year)

by H. Plecher, last edited Apr 30, 2019
Gross domestic product (GDP) growth rate in Italy 2024 This statistic shows the real gross domestic product (GDP) growth rate in Italy from 2014 to 2017, with projections up until 2024. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2017, Italy's real GDP increased by about 1.6 percent compared to the previous year.
Italy's national debt

Italy’s economy is a developed industrial economy that ranks as one of the largest in the world. A large and efficient economy has helped Italy attain a spot as a member of the G7 and G8, as well as the European Union. After the Second World War, Italy experienced a significant economic boost due to support from the ‘’Free World’’, which is a term used to identify non-communist countries during the Cold War. But several decades of economic growth came to an end after the 2008 recession; from roughly 2007 to 2011, the Italian’s encountered multiple setbacks that shrunk the national economy and dramatically affected the country as a whole. Debt became a major problem and Italy saw annual national debt growth primarily due to the country’s inability to maintain its budget properly as well as an overall decrease in GDP. As a result, investors often questioned the country’s ability to pay off its debts without incurring further debt, particularly due to the country’s large debt-to-GDP ratio, which remains one of the highest in the world.
Show more

Italy: Real gross domestic product (GDP) growth rate from 2014 to 2024 (compared to the previous year)

You need to log in to download this statistic
Register for free
Already a member?
Log in
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
Related Studies: Available to Download in PDF or PPTX Format
Key economic indicators of Italy
Key economic indicators of Italy

All Information
in one Presentation

Key economic indicators of Italy

Everything On "Key economic indicators of Italy" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Other Reports & Dossiers
Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Italy"
  • Population
  • Economy
  • State finances
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.