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01.03.2016 17:12 Italian economy expands 0.8% in 2015

The Italian statistical office Istat released its gross domestic product (GDP) data for Italy on Tuesday. The Italian GDP increased 0.8% in 2015, after a 0.3% drop in 2014.

 

Final consumption expenditure climbed by 0.5% in 2015, gross fixed capital formation rose by 0.8%, imports rose by 6.0%, while exports increased by 4.3%.

 

General government net borrowing was -2.6% of GDP in 2015, up from -3.0% of GDP in 2014.

 

General government debt was 132.6% of GDP.



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