Macro‑Economic Monitor

Home / Countries / Southern Europe

Italy economy

Italy’s economy grew 0.5% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 1.5% in 2025, and 6.4% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth0.5%2025
Inflation (consumer prices)1.5%2025
Unemployment6.4%2025
GDP (US dollars)$2.55 tn2025
GDP per person (US dollars)$43,3092025
GDP per person (PPP, international dollars)$62,0142024
Current account balance, % of GDP1.1%2025
Budget balance, % of GDP−3.4%2024
Extreme poverty, % of people below $3.00 a day0.9%2023
Population58.9 m2025
Open the full interactive profile

Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.