Italy: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Italy

International Monetary Fund

No 2025/201, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Pages: 78
Date: 2025-07-22
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