Italy flag

Italy GDP Growth Rate (2026)

Latest Update: September 2026
Source: IMF
Italy is one of Europe’s largest economies, with strengths in manufacturing, services, tourism, exports, and small and medium-sized businesses. This page explores its GDP growth trend, historical performance, regional comparison, and outlook.
GDP Growth Rate 2026
+0.5%
Annual real GDP growth
World Rank
#180
Out of 195 countries
Change vs 2025
+0.0 pp
2025: +0.5%
Europe Rank
#42
Out of 43 countries

1. Italy GDP Growth Rate in 2026

Italian economic growth is influenced by household consumption, tourism, industrial activity, exports, and investment. European funding, borrowing conditions, productivity, and external demand also play important roles in economic performance.

2. Italy GDP Growth Rate Trends (1980–2026)

Italy’s growth history has generally been characterized by moderate expansion and periodic downturns. Structural productivity challenges, public debt, demographics, manufacturing, and European economic conditions have shaped its long-term trajectory.

3. Italy GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +0.5% +0.0 pp
2025 +0.5% -0.3 pp
2024 +0.8% -0.1 pp
2023 +0.9% -3.9 pp
2022 +4.8% -4.1 pp
2021 +8.9% +17.8 pp
2020 -8.9% -9.3 pp
2019 +0.4% -0.4 pp
2018 +0.8% -0.8 pp
2017 +1.6% +0.4 pp

4. Italy GDP Growth Performance

Current Growth Rate
+0.5%
(2026 to 2026)
5-Year Average
+1.5%
(2022 to 2026)
10-Year Average
+1.0%
(2017 to 2026)
20-Year Average
+0.2%
(2007 to 2026)
Italy’s economy benefits from tourism, specialized manufacturing, exports, and investment, although structural constraints continue to limit faster expansion. Domestic demand and European investment programs can provide support to economic activity.

5. Italy GDP Growth Rate vs Europe and World

Italy
+0.5%
Europe Average
+1.9%
World Average
+2.8%
0.0% 1.4% 2.8%
Annual real GDP growth (%)
Italy’s GDP growth rate is approximately 1.3 pp below the Europe average and 2.3 pp below the world average.

6. Italy GDP Growth Rate Ranking in Europe

Rank Country GDP Growth Rate
#35 France +0.9%
#36 United Kingdom +0.8%
#37 Germany +0.8%
#38 Romania +0.7%
#39 Austria +0.7%
#40 Belgium +0.7%
#41 Slovakia +0.6%
#42 Italy +0.5%
#43 Liechtenstein -0.4%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Italy

Italy GDP (Nominal)
$2.74 Trillion
(2026)
Italy GDP Growth Rate
+0.5%
(2026)
Italy generally grows at a modest pace compared with the global economy and faster-growing European markets. Its mature economic structure, aging population, and productivity challenges influence its relative performance.
Explore more: Italy GDP

9. Italy GDP Growth Rate Forecast

Italy’s outlook will depend on investment, productivity reforms, tourism, consumer demand, and effective use of European development funds. Public debt, demographic pressures, and weak productivity remain important long-term risks.
Year GDP Growth Rate Change
2027 +0.5% 0.0 pp
2028 +0.8% +0.3 pp
2029 +0.7% -0.1 pp
2030 +0.7% 0.0 pp

10. Italy GDP Growth Rate: Key Findings

Italy GDP growth rate is estimated at +0.5% in 2026.
It ranks #180 globally and #42 in Europe by annual GDP growth rate.
The growth rate accelerated by 0.0 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.5%.
The 10-year average GDP growth rate is +1.0%.
The current rate is 1.3 percentage points below the Europe average.
The current rate is 2.3 percentage points below the world average.
The forecast GDP growth rate is +0.7% in 2030, 0.2 percentage points above the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: September 2026

13. Italy GDP Growth Rate FAQs

Italy GDP growth rate is estimated at +0.5% in 2026.
Italy ranks #180 globally and #42 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +0.5% in 2026.
Italy GDP growth rate was +0.9% in 2015.
Italy GDP growth rate is 1.3 percentage points below the Europe average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.