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

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  • 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.

Suggested Citation

  • International Monetary Fund, 2025. "Italy: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Italy," IMF Staff Country Reports 2025/201, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/201
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