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Jul 5, 2023 · PDF. Following a mild contraction in the last three months of 2022, Italian GDP rose by 0.6% in Q1 2023. The carry-over for 2023 is +0.9%. In Q1, domestic demand excluding inventories added 0.7 percentage points to growth, while the contribution of both net exports and inventories was negative.
Italy's economy recorded an average real GDP growth rate of 0.6% in the decade leading to 2022, below the 1.4% average for the Euro Area. In 2022, real GDP growth was 3.9%. For more GDP information, visit our dedicated page.
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- GlobalData Country Risk Index (GCRI) – Q2 2022
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Italy’s stance on Russia’s invasion of Ukraine: The Italian government condemned Russia’s invasion of Ukraine. In March 2022, the Italian Council of Ministers declared a state of emergency over Rus...Recovery and Resilience Facility: In June 2021, the European Commission approved a grant of EUR68.9 billion ($81.5 billion) and a loan of EUR122.6 million ($145 million) under the Recovery and Resi...Italy is ranked 58th out of 190 countries in World Bank’s doing business ranking in 2020: In terms of ease of doing business, Italy’s score (72.9 out of 100) is lower than Germany (79.7) and the OE...Legislation to boost FDI: On March 21, 2022, the Italian government enacted a law to address the economic and humanitarian effects caused by the ongoing Ukraine crisis. The law provides more powers...Revival for travel and tourism industry: In May 2022, the European Commission approved EUR698 million ($787.3 million) Italian scheme with an aim to support companies that were affected by the outb...Robust cybersecurity and policy to boost technology of the country: In May 2022, the country introduced a National Cybersecurity Strategy for the period of 2022–26 in order to address cyber threats...Fund to revive construction sector of Italy: In August 2021, under the Next Generation Italia (which is a part of Recovery and Resilience plan) the country allocated EUR28 billion ($33.1 billion) f...Italy was ranked 47th out of 152 nations in the GCRI Q2 2022. The country’s risk score is in the low-risk nations band (30–40). Italy’s risk score across the major PESTLE parameters as well as the overall risk score (36.9), were lower than the world average (44.0), but higher than the West-Europe region’s (26.1). The country secured low risk on mac...
GlobalData’s unique Country Risk Model determines the existing and future level of country risk by assessing various qualitative and quantitative factors. The index is designed to help firms formulate their global business strategies on the basis of historical developments in an economy. The Country Risk Index incorporates the latest available macr...
GlobalData Macroeconomic Outlook report is designed to provide detailed macro-economic analysis which will help clients in their business planning, investment and strategic decisions, and analysis. It also provides a quick view of the current situation and the risk score of the country in comparison to region and world based on the proprietary risk...
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Oct 5, 2022 · The Italian economy grew by 5.0% in the second quarter compared with the same period of 2021, national statistics bureau ISTAT reported on Wednesday, revising up a previous estimate of 4.7%...
Jun 10, 2022 · ROME - The Italian economy grew by 5.0% in the second quarter compared with the same period of 2021, national statistics bureau ISTAT reported on Wednesday, revising up a previous estimate of...
Feb 5, 2024 · Quarterly GDP growth in Italy 2020-2021. During the third quarter of 2021, Italy's GDP growth volume increased by 3.3 percent compared to the same quarter of 2020. In 2020, the highest loss was...
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Dec 22, 2023 · Economic growth is slowing down in Italy. After contracting by 0.4% q/q in Q2, economic activity only grew by 0.1% q/q in Q3, almost standing still in that quarter. This small rebound was led by consumer spending (+0.6% q/q, contribution of 0.4 percentage points) and foreign trade (+0.8 points).
