Annual GDP growth in Italy
Italy: Annual GDP growth was 0.7% in 2024. ◆ Volatile
Latest (2024)
0.7%
Change on year
down 29.0%
World rank
168th
of 196 countries
All-time high
8.9%
in 2021
All-time low
-8.9%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Italy, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Italy is 0.7%, measured in 2024.
Compared with earlier readings it is down 29.0% on the previous year and up 50,018.5% over ten years.
Over the whole period, annual gdp growth in Italy peaked at 8.9% in 2021 and was at its lowest, -8.9%, in 2020.
Italy ranks 168th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.9% | — |
| 2001 | 2.0% | -48.3% |
| 2002 | 0.3% | -86.5% |
| 2003 | 0.1% | -75.3% |
| 2004 | 1.5% | +2114.8% |
| 2005 | 0.8% | -48.3% |
| 2006 | 1.8% | +136.0% |
| 2007 | 1.5% | -18.7% |
| 2008 | -1.0% | -170.0% |
| 2009 | -5.3% | +418.5% |
| 2010 | 1.5% | -128.8% |
| 2011 | 0.7% | -54.5% |
| 2012 | -3.1% | -549.4% |
| 2013 | -1.8% | -41.8% |
| 2014 | -0.0% | -99.9% |
| 2015 | 0.9% | -63926.4% |
| 2016 | 1.2% | +39.6% |
| 2017 | 1.6% | +29.7% |
| 2018 | 0.8% | -48.5% |
| 2019 | 0.4% | -48.1% |
| 2020 | -8.9% | -2166.4% |
| 2021 | 8.9% | -200.7% |
| 2022 | 4.8% | -46.0% |
| 2023 | 1.0% | -79.8% |
| 2024 | 0.7% | -29.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | -5.3% | 3.9% | 10 |
| 2010s | 0.2% | -3.1% | 1.6% | 10 |
| 2020s | 1.3% | -8.9% | 8.9% | 5 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 6.32 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2418 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 10,472 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.84 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.214 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 9,268 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 8.82 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9716 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Italy?
- Annual gdp growth in Italy was 0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Italy?
- The highest recorded value was 8.9% in 2021.
- What is the lowest annual gdp growth recorded in Italy?
- The lowest recorded value was -8.9% in 2020.
- How does Italy rank for annual gdp growth?
- Italy ranks 168th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Italy?
- Over the last ten years it is up 50,018.5%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).