Italy: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Italy
July 22, 2025
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The Italian economy has remained relatively resilient. Economic activity in 2024 expanded by 0.7 percent for the second consecutive year, supported by investment under the National Recovery and Resilience Plan (NRRP) and net exports. Activity continued to hold up in early 2025 despite global trade tensions. Inflation neared 2 percent. However, the near-term outlook is clouded by elevated uncertainty, and structural challenges—including low productivity growth and population aging—weigh on economic prospects.
Subject: Exports, Financial institutions, Financial sector policy and analysis, Financial sector stability, Fiscal consolidation, Fiscal policy, Fiscal stance, International trade, Labor, Labor markets, Loans, Nonperforming loans, Production, Productivity, Public debt
Keywords: Aging, Credit, Exports, Financial sector stability, Fiscal consolidation, Fiscal stance, Labor markets, Loans, Nonperforming loans, Productivity
Pages:
78
Volume:
2025
DOI:
Issue:
201
Series:
Country Report No. 2025/201
Stock No:
1ITAEA2025001
ISBN:
9798229018234
ISSN:
1934-7685
