Italy closes the fourth quarter of 2024 with a slight growth of the gross domestic product (GDP), which marks a +0.1% Compared to the previous quarter and a +0.6% compared to the same period of 2023. To make the data known was Istatwhich published on March 5, 2025 the report of quarterly economic accounts – IV quarter 2024.
Although the economic growth had initially been evaluated nothing in January 2025, the final data showed one small expansionwhich shows how the Italian economy is continuing to move, albeit at a content rhythms.
Istat data updated on Italian GDP
This increase in GDP is mainly due to positive signals from internal demandin particular from consumption and investments, which have had a significant impact on economic growth. In detail, the national final consumption is grown by 0.2%while the gross fixed investments have recorded a more robust +1.6%.
Continuous growth was also detected for expenses relating to plants, machinery and armaments (+3.2%), with a particular push from non -residential buildings and other workswhich increased by 4.1%.
At the sectoral level, The industry had a positive performancewith a growth of 0.9%, while the agricultural sector saw a contraction of 0.7%and the services sector recorded a slight decrease of 0.1%. Despite these conflicting trends, the internal questionexcluding the effects of the stocks, contributed 0.5 percentage points to the growth of GDP, with a strong contribution from investments.
Exports of goods and servicesInstead, they had a negative trendwith a contraction of 0.2%, while imports decreased by 0.4%. However, the positive contribution of the Net foreign demand (+0.1%) He partially compensated for these reductions.
How Italy is going
Compared to the main international partners, Italy does not differ too much from global performance. In fact, while in the United States the GDP grew by 0.6% compared to the previous quarter, in Germany and France there was a slight contraction of 0.2% and 0.1%, respectively. In the euro area, the economic growth has also stood at a modest +0.1%, but with a positive tendential growth rate ( +0.9%).
Perspectives for 2025
Another important aspect that emerges from the Istat report is the revaluation of growth acquired for 2025, which stands on a modest +0.1%. This data, which was initially estimated at zero, marks a Small improvement of forecasts for next year.
2025 presents itself with a contained but stable growth framework. The investments They remain a crucial engine for the economy, especially in a period in which families spending is demonstrating some resistance. However, the effects of moderate inflation and the resumption of purchases of durable goods and services could stimulate further economic momentumeven if the foreign demand remains weak, as highlighted by the contraction of exports.
So what should we expect? Overall, despite positive signals, the Italian economy appears to be anchored to a Moderate growth rhythmwhich will largely depend on the ability to stimulate further investments and consumption in an international context which, although favorable, does not guarantee a vigorous push. The challenge for 2025 will therefore be to consolidate and strengthen these impulses, so that growth becomes sustainable in the medium term.
