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Macro - Country Economic Forecasts - Italy

Publisher Oxford Economics
Published Dec 12, 2025
Length 8 Pages
SKU # OFE20650274

Description

The Italian economy appears to be growing broadly in line with its limited potential – we expect GDP growth to remain below 1% for a fourth consecutive year in 2028. However, downside risks are lower than they were a few years ago, with greater political stability, fiscal consolidation, and stronger balance sheets.

Table of Contents

8 Pages
Italy: Q3 growth revised up – but still soft
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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