Italy Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Italy Forecast: Real GDP Growth

  • Italy Real GDP Growth is forecasted to be 1.100 % in Dec 2023 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 3.700 % in Dec 2022.
  • Looking ahead, Italy Real GDP Growth is projected to stand at 0.882 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Italy's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

Italy Forecast: Real GDP Growth

What is Italy's Forecast: Real GDP Growth in 2028?

Italy Real GDP Growth is forecasted to be 1.100 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.882 2028 1.045 2027 -8.979 2020 7.000 2021 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 1.750 2024 yearly 2003 - 2024
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2030 yearly 2001 - 2030
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.336 2030 yearly 1987 - 2030
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 6.462 2030 yearly 1980 - 2030
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.635 2030 yearly 1980 - 2030
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.970 2030 yearly 1980 - 2030
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.189 2030 yearly 1980 - 2030
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.397 2030 yearly 1980 - 2030
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.950 2030 yearly 2001 - 2030
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 1.539 2031 yearly 1981 - 2031
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Italy Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.5 Mar 2025 quarterly Dec 1999 - Mar 2025
Consolidated Fiscal Balance (USD mn) -47,273.468 Mar 2025 quarterly Mar 1999 - Mar 2025
Tax Revenue (USD mn) 134,684.448 Mar 2025 quarterly Mar 1999 - Mar 2025
Tax Revenue: % of GDP (%) 24.1 Mar 2025 quarterly Mar 1999 - Mar 2025
National Government Debt (USD mn) 3,615,456.0 Sep 2025 monthly Jan 1957 - Sep 2025
Government Debt: % of GDP (%) 138.0 Sep 2025 quarterly Dec 1995 - Sep 2025
Forecast: Government Expenditure (EUR bn) 1,271.505 2030 yearly 1988 - 2030
Forecast: Government Net Debt (EUR bn) 3,138.281 2028 yearly 1988 - 2028
Forecast: Government Revenue (EUR bn) 1,208.245 2030 yearly 1988 - 2030
General Govt Debt (EUR mn) 2,965,711.000 Dec 2024 monthly Dec 1861 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.512 2030 yearly 1980 - 2030
Trade Balance (USD mn) 5,377.6 Sep 2025 monthly Jan 1993 - Sep 2025
Total Exports (USD mn) 65,496.3 Sep 2025 monthly Jan 1991 - Sep 2025
Total Exports Growth (%) 10.3 Sep 2025 monthly Jan 1992 - Sep 2025
Aluminum: Exports (USD th) 5,224,665.473 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 41,038,301.530 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,164,687.086 2024 yearly 1995 - 2024
Total Imports (USD mn) 62,148.0 Sep 2025 monthly Jan 1991 - Sep 2025
Total Imports Growth (%) 10.3 Sep 2025 monthly Jan 1992 - Sep 2025
Imports: Medicament (USD th) 19,694,000.804 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 15,493,773.019 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 7,160.279 Sep 2025 monthly Jan 1960 - Sep 2025
Total Imports from USA (USD mn) 4,825.341 Sep 2025 monthly Jan 1960 - Sep 2025
Total Exports to China (USD mn) 1,371.570 Sep 2025 monthly Jan 1960 - Sep 2025
Total Imports from China (USD mn) 7,114.537 Sep 2025 monthly Jan 1960 - Sep 2025
Exports: fob: Europe: France (EUR mn) 6,435.209 Sep 2025 monthly Jan 1991 - Sep 2025
Exports: fob: Europe: United Kingdom (EUR mn) 2,234.627 Sep 2025 monthly Jan 1991 - Sep 2025
Exports: fob: Europe: Germany (EUR mn) 6,313.097 Sep 2025 monthly Jan 1991 - Sep 2025
Exports: fob: America: United States (EUR mn) 6,099.565 Sep 2025 monthly Jan 1991 - Sep 2025
Imports: cif: Europe: Germany (EUR mn) 7,765.246 Sep 2025 monthly Jan 1991 - Sep 2025
Imports: cif: Europe: Netherlands (EUR mn) 3,615.993 Sep 2025 monthly Jan 1991 - Sep 2025
Imports: cif: America: United States (EUR mn) 4,110.521 Sep 2025 monthly Jan 1991 - Sep 2025
Imports: cif: Europe: France (EUR mn) 4,158.708 Sep 2025 monthly Jan 1991 - Sep 2025
Exports: fob: sa (EUR mn) 52,799.000 Dec 2024 monthly Jan 1993 - Dec 2024
Trade Balance: sa (EUR mn) 5,119.000 Dec 2024 monthly Jan 1993 - Dec 2024
Imports: cif: sa (EUR mn) 47,680.000 Dec 2024 monthly Jan 1993 - Dec 2024
Exports: fob: Mfg: Electrical (EUR mn) 2,440.574 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: fob: Mfg: Machinery & Equipment n.e.c. (ME) (EUR mn) 6,877.464 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: fob: Mfg: Basic Metals & Fabricated Metal (MF) (EUR mn) 5,110.799 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: fob: Mfg: Transport Equipment (TE) (EUR mn) 4,106.811 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: fob (EUR mn) 49,334.000 Dec 2024 monthly Jan 1991 - Dec 2024
Imports: cif: Mfg: CC: Chemicals & Chemical Products (CP) (EUR mn) 3,654.188 Dec 2024 monthly Jan 1991 - Dec 2024
Imports: cif: MQ: Crude Petroleum & Natural Gas: Crude Petroleum (EUR mn) 2,206.742 Dec 2024 monthly Jan 1991 - Dec 2024
Imports: cif: Mfg: CO: Computer, Electronic & Optical (CE) (EUR mn) 3,157.074 Dec 2024 monthly Jan 1991 - Dec 2024
Imports: cif: Mfg: ME: Machinery & Equipment n.e.c. (MN) (EUR mn) 3,075.216 Dec 2024 monthly Jan 1991 - Dec 2024
Imports: cif (EUR mn) 43,353.000 Dec 2024 monthly Jan 1991 - Dec 2024
Imports: cif: Mfg: TE: MS: Motor Vehicles (EUR mn) 3,533.184 Dec 2024 monthly Jan 1991 - Dec 2024
Crude Oil Imports: OPEC (Ton th) 25,659.000 2022 yearly 2001 - 2022
Crude Oil Imports: Africa: Nigeria (Ton th) 1,924.000 2022 yearly 2001 - 2022
Crude Oil Imports: Former Union of Soviet Socialist Republics(FUSSR) (Ton th) 25,403.000 2022 yearly 2001 - 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 6,654.0 Sep 2025 monthly Jan 1988 - Sep 2025
Current Account Balance (USD mn) 4,005.0 Sep 2025 monthly Jan 1970 - Sep 2025
Current Account Balance: % of GDP (%) 2.9 Sep 2025 quarterly Mar 1980 - Sep 2025
Foreign Direct Investment (USD mn) 4,192.0 Sep 2025 monthly Jan 1988 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.4 Sep 2025 quarterly Mar 1988 - Sep 2025
Foreign Portfolio Investment (USD mn) 9,779.068 Sep 2025 quarterly Mar 1997 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 1.5 Sep 2025 quarterly Mar 1990 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -622.7 Sep 2025 quarterly Mar 1997 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 10,355.610 Sep 2025 quarterly Mar 1997 - Sep 2025
External Debt (USD mn) 3,291,705.3 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: % of GDP (%) 120.8 2024 yearly 2002 - 2024
External Debt: Short Term (USD mn) 1,048,655.2 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: Short Term: % of GDP (%) 40.3 2024 yearly 2002 - 2024
Total Debt: % of GDP (%) 555.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Forecast: Current Account Balance (USD bn) 54.971 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 280,131.329 Jun 2025 quarterly Dec 1998 - Jun 2025
BoP: Current Account: Services (EUR mn) -1,200.111 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: FA: Direct Investment: Assets (EUR mn) 2,972.237 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: FA: Portfolio Investment: Assets (EUR mn) 6,219.307 Nov 2024 monthly Jan 1997 - Nov 2024
BoP: FA: Financial Derivatives (EUR mn) 627.951 Nov 2024 monthly Jan 1997 - Nov 2024
BoP: FA: Other Investment: Assets (EUR mn) 6,546.439 Nov 2024 monthly Jan 1997 - Nov 2024
BoP: FA: Direct Investment: Liabilities (EUR mn) -5,278.817 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Goods (EUR mn) 4,392.670 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Secondary Income: Debits (EUR mn) 3,057.631 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Goods: Debits (EUR mn) 45,564.132 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Services: Credits (EUR mn) 12,264.632 Dec 2024 monthly Jan 1995 - Dec 2024
BoP: Current Account: Primary Income (EUR mn) -2,984.191 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Capital Account: Credits (EUR mn) 787.136 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Secondary Income: Credits (EUR mn) 2,517.138 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Financial Account (FA) (EUR mn) 4,576.013 Nov 2024 monthly Jan 1997 - Nov 2024
BoP: FA: Other Investment: Liabilities (EUR mn) 2,033.601 Nov 2024 monthly Jan 1997 - Nov 2024
BoP: Current Account: Goods: Credits (EUR mn) 49,956.803 Nov 2024 monthly Jan 1995 - Nov 2024
Balance of Payments (BoP): Current Account (EUR mn) -332.125 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Capital Account: Debits (EUR mn) 894.898 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Credits (EUR mn) 73,909.344 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Primary Income: Debits (EUR mn) 10,829.345 Dec 2024 monthly Jan 1995 - Dec 2024
BoP: Current Account: Debits (EUR mn) 74,241.469 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Secondary Income (EUR mn) -540.493 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: Current Account: Primary Income: Credits (EUR mn) 11,263.894 Dec 2024 monthly Jan 1995 - Dec 2024
BoP: FA: Reserve Assets (EUR mn) -241.875 Nov 2024 monthly Jan 1988 - Nov 2024
BoP: Capital Account (EUR mn) -107.762 Nov 2024 monthly Jan 1995 - Nov 2024
BoP: FA: Direct Investment (EUR mn) -216.498 Feb 2019 monthly Jan 1995 - Feb 2019
BoP: Current Account: Services: Debits (EUR mn) 7,794.724 Feb 2019 monthly Jan 1995 - Feb 2019
BoP: Financial Account: Assets (EUR mn) 20,631.512 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: FA: Other Investment (OI) (EUR mn) -14,035.313 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: FA: Portfolio Investment (PI) (EUR mn) 12,742.080 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: Financial Account: Liabilities (EUR mn) 22,075.088 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: Errors & Omissions (EUR mn) 5,015.900 Nov 2024 monthly Jan 1997 - Nov 2024
IIP: Liabilities (EUR mn) 3,659,854.512 Sep 2024 quarterly Dec 1998 - Sep 2024
IIP: Net Position (EUR mn) 265,217.017 Sep 2024 quarterly Dec 1998 - Sep 2024
IIP: Assets (EUR mn) 3,925,071.529 Sep 2024 quarterly Dec 1998 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.7 Jun 2025 quarterly Jun 2008 - Jun 2025
Household Debt: % of GDP (%) 47.2 Jun 2025 quarterly Dec 1995 - Jun 2025
Non-Performing Loans (USD mn) 59,872.030 Jun 2025 quarterly Jun 2008 - Jun 2025
Money Supply M1 (USD mn) 2,025,414.713 Sep 2025 monthly Dec 1974 - Sep 2025
Money Supply M2 (USD mn) 2,547,892.002 Sep 2025 monthly Dec 1974 - Sep 2025
M2 Growth (%) 2.7 Sep 2025 monthly Dec 1975 - Sep 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
Foreign Exchange Reserves (USD mn) 53,734.3 Nov 2025 monthly Dec 1999 - Nov 2025
Foreign Exchange Reserves: % of GDP (%) 2.104 Sep 2025 quarterly Dec 1999 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 0.9 Sep 2025 monthly Dec 1999 - Sep 2025
Gold Reserves (USD mn) 330,101.451 Nov 2025 monthly Dec 1956 - Nov 2025
Total Deposits (USD mn) 2,194,207.863 Jun 2025 quarterly Mar 1998 - Jun 2025
Total Deposits Growth (%) 1.0 Jun 2025 quarterly Mar 1999 - Jun 2025
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Debt Service Ratio: Households (%) 4.300 Mar 2025 quarterly Mar 1999 - Mar 2025
Debt Service Ratio: Private Non-Financial Sector (%) 9.600 Mar 2025 quarterly Mar 1999 - Mar 2025
Credit to Households (USD bn) 859.533 Mar 2025 quarterly Mar 1960 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 2,265.633 Mar 2025 quarterly Mar 1960 - Mar 2025
Household Debt (USD mn) 1,231,545.7 Jun 2025 quarterly Mar 1995 - Jun 2025
Total Loans (USD mn) 2,852,016.592 Sep 2025 monthly Dec 1995 - Sep 2025
Total Loans Growth (%) 4.20 Sep 2025 monthly Dec 1996 - Sep 2025
Private Debt: % of Nominal GDP (%) 57.33 Sep 2025 quarterly Jun 1998 - Sep 2025
ORA: Foreign Currency Reserves (FCR) (EUR mn) 44,473.930 Nov 2025 monthly Dec 1999 - Nov 2025
Official Reserve Assets (EUR mn) 360,907.596 Nov 2025 monthly Dec 1999 - Nov 2025
Money Supply M3 (EUR mn) 2,163,979.170 Jan 2025 monthly Sep 1997 - Jan 2025
Deposits (EUR mn) 1,817,584.226 Sep 2024 quarterly Mar 1998 - Sep 2024
MFIs Loans: Residents of Italy (RI): MFIs (EUR mn) 369,388.140 Jan 2025 monthly Dec 1995 - Jan 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 3.6 Nov 2025 monthly Jan 1986 - Nov 2025
Cyclical Coincident Indicator: Ita-Coin (%) 0.440 Nov 2025 monthly Jan 2003 - Nov 2025

More Indicators for Italy

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