Italy GDP Growth Rate

0.8% −0.03 pt

Mar 2026 · Quarterly

Italy's real GDP growth rose to 1.02% year-on-year in the second quarter of 2026, from 0.83% in the previous quarter. This marks the highest reading since the fourth quarter of 2023, when growth stood at 1.06%. The latest figure extends an uptrend from a year earlier, when growth was 0.47% in the second quarter of 2025. The series remains well below its all-time high of 19.32% recorded in the second quarter of 2021, and far above its all-time low of -18.13% in the second quarter of 2020. The data is sourced from the International Monetary Fund.

source: International Monetary Fund

Italy's real GDP grew 0.83% year-on-year in the first quarter of 2026, slowing from a 0.86% expansion in the previous quarter. The reading is the second consecutive decline and remains far below the all-time high of 19.32% recorded in the second quarter of 2021. The series dates back to the first quarter of 1997.

Italy GDP Growth Rate, 1997–2026
ActualPreviousHighestLowestDatesFrequency
0.8%0.9%19.3%Jun 2021-18.1%Jun 20201997 – 2026Quarterly

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
GDP$2.55T$2.38T$2.55T$42.0BDec 2025Annual
Industrial Production-0.5%1.1%79.3%-44.0%Jun 2026Monthly

News

About this series

GDP Growth Rate in Italy averaged 0.7% from 1997 until 2026, reaching an all-time high of 19.3% in Jun 2021 and a record low of -18.1% in Jun 2020. The series is reported quarterly with history from 1997.

Real GDP growth, year-on-year, measures the change in the inflation-adjusted value of all goods and services produced in Italy compared with the same quarter a year earlier. The data are reported quarterly as a percentage change. The series spans from the first quarter of 1997 to the present.

Source & methodology

International Monetary Fund · IMF. Data is also available free of charge from the IMF

FAQ

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