Annual growth of general government final consumption expenditure in Italy
Italy: Annual growth of general government final consumption expenditure was 1.24 in 2023. ◆ Volatile
Latest (2023)
1.24
Change on year
up 25.3%
World rank
102nd
of 167 countries
All-time high
5.5
in 2001
All-time low
-2.04
in 2011
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Italy, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Italy stood at 1.24.
The figure is up 25.3% on the previous year and up 208.8% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Italy peaked at 5.5 in 2001 and was at its lowest, -2.04, in 2011.
That places Italy 102nd out of 167 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.38 | — |
| 2001 | 5.5 | +62.7% |
| 2002 | 1.34 | -75.6% |
| 2003 | 1.4 | +4.5% |
| 2004 | 0.64 | -54.3% |
| 2005 | 0.56 | -12.5% |
| 2006 | -0.47 | -183.9% |
| 2007 | 0.51 | -208.5% |
| 2008 | 1.32 | +158.8% |
| 2009 | -0.09 | -106.8% |
| 2010 | 0.69 | -866.7% |
| 2011 | -2.04 | -395.7% |
| 2012 | -1.84 | -9.8% |
| 2013 | -1.14 | -38.0% |
| 2014 | -0.63 | -44.7% |
| 2015 | -0.55 | -12.7% |
| 2016 | 0.67 | -221.8% |
| 2017 | -0.05 | -107.5% |
| 2018 | 0.07 | -240.0% |
| 2019 | -0.6 | -957.1% |
| 2020 | 0.07 | -111.7% |
| 2021 | 1.36 | +1842.9% |
| 2022 | 0.99 | -27.2% |
| 2023 | 1.24 | +25.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.41 | -0.47 | 5.5 | 10 |
| 2010s | -0.542 | -2.04 | 0.69 | 10 |
| 2020s | 0.915 | 0.07 | 1.36 | 4 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.64 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2455 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 10,630 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -0.5061 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -4.7 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.49 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0183 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 791.64 current LCU per person (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Italy?
- Annual growth of general government final consumption expenditure in Italy was 1.24 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Italy?
- The highest recorded value was 5.5 in 2001.
- What is the lowest annual growth of general government final consumption expenditure recorded in Italy?
- The lowest recorded value was -2.04 in 2011.
- How does Italy rank for annual growth of general government final consumption expenditure?
- Italy ranks 102nd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Italy?
- Over the last ten years it is up 208.8%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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