GDP growth in Italy

Italy: GDP growth was 0.7% in 2024. β—† Volatile

Latest (2024)
0.7%
Change on year
up 1.5%
World rank
178th
of 209 countries
All-time high
8.9%
in 2021
All-time low
-8.9%
in 2020
Years of data
55
1970–2024

GDP growth in Italy, 1970–2024

-10-50510197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Italy is 0.7%, measured in 2024.

The figure is up 1.5% on the previous year and up 52,315.1% over ten years.

Over the whole period, gdp growth in Italy peaked at 8.9% in 2021 and was at its lowest, -8.9%, in 2020.

Italy ranks 178th of 209 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.0% -2.1% 7.1% 10
1980s 2.6% 0.4% 4.2% 10
1990s 1.5% -0.9% 2.9% 10
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

  1. 175 Greenland 0.9% compare
  2. 176 Romania 0.8% compare
  3. 177 Yemen 0.8% compare
  4. 179 Micronesia (country) 0.7% compare
  5. 180 Iceland 0.5% compare
  6. 181 Hungary 0.5% compare

See the full ranking of 212 places β†’

More population data for Italy

All data for Italy β†’

Frequently asked questions

What is gdp growth in Italy?
Gdp growth in Italy was 0.7% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Italy?
The highest recorded value was 8.9% in 2021.
What is the lowest gdp growth recorded in Italy?
The lowest recorded value was -8.9% in 2020.
How does Italy rank for gdp growth?
Italy ranks 178th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Italy?
Over the last ten years it is up 52,315.1%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP growth in Italy. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/italy/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release