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Italy GDP growth 2020

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The Statistics Portal Accessed July 31, 2020. July 7, 2020. Italy: Pace of decline in annual prices sharpens in July.

Corporate Account Considering full 2019, GDP grew 0.2 percent, slowing from a 0.8 percent expansion in 2018 but slightly better than government's forecast of 0.1%.Italy is the ninth largest economy in the world and the third largest in the Euro Zone.


The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from the region's statistics office. Published by Italy gdp per capita for 2017 was $32,407, a 4.74% increase from 2016. Please create an employee account to be able to mark statistics as favorites.

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Italy Economic News.

GDP Growth Rate in Italy averaged 0.56 percent from 1960 until 2020, reaching an all time high of 6 percent in the first quarter of 1970 and a record low of -5.30 percent in the first quarter of 2020.

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GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

Supplementary notes

On the other hand, net trade contributed positively to growth, with imports falling 1.7 percent (vs 1.1 percent) while exports edged up 0.3 percent (vs -0.2 percent).

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Then you will be able to mark statistics as favourites and use personal statistics alerts. As a comparison, GDP fell by only 1.5% in the first quarter of 2009 at the height of the financial crisis. * All products require an annual contract; Prices do not include sales tax. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. *Single license

Italy gdp per capita for 2016 was $30,940, a 2.35% increase from 2015. Jul 16, 2020 Learn more about how Statista can support your business.Statista.

Italy gdp per capita for 2018 was $34,520, a 6.52% increase from 2017.

GDP Annual Growth Rate in Italy averaged 2.35 percent from 1961 until 2020, reaching an all time high of 10.30 percent in the fourth quarter of 1961 and a record low of -7.20 percent in the first quarter of 2009.

GDP growth forecast for 2020 according to different sources in Italy [Graph].

Data are in current U.S. dollars. Topics For details, please see your browser’s Help section (by pressing F1).

Composition of the GDP on the expenditure side: household consumption (61 percent), government expenditure (19 percent) and gross fixed capital formation (17 percent).

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