According to estimations made after the outbreak of coronavirus (COVID-19), in 2020 the Gross Domestic Product of Italy is forecasted to drop by three percent compared to the previous year. Afterwards, this figure is believed to grow again.
However, a forecast from April 2020 estimates that Italy's GDP could decrease of over eight percent in 2020.
Italy is one of the countries with the highest number of coronavirus cases worldwide. Currently, this pandemic has infected people across six continents.
Estimated annual percentage change in Gross Domestic Product (GDP) in Italy from 2020 to 2023
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Business Insider. (March 13, 2020). Estimated annual percentage change in Gross Domestic Product (GDP) in Italy from 2020 to 2023 [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1104385/estimated-annual-percentage-change-in-gdp-in-italy/
Business Insider. "Estimated annual percentage change in Gross Domestic Product (GDP) in Italy from 2020 to 2023." Chart. March 13, 2020. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1104385/estimated-annual-percentage-change-in-gdp-in-italy/
Business Insider. (2020). Estimated annual percentage change in Gross Domestic Product (GDP) in Italy from 2020 to 2023. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1104385/estimated-annual-percentage-change-in-gdp-in-italy/
Business Insider. "Estimated Annual Percentage Change in Gross Domestic Product (Gdp) in Italy from 2020 to 2023." Statista, Statista Inc., 13 Mar 2020, https://www.statista.com/statistics/1104385/estimated-annual-percentage-change-in-gdp-in-italy/
Business Insider, Estimated annual percentage change in Gross Domestic Product (GDP) in Italy from 2020 to 2023 Statista, https://www.statista.com/statistics/1104385/estimated-annual-percentage-change-in-gdp-in-italy/ (last visited November 17, 2024)
Estimated annual percentage change in Gross Domestic Product (GDP) in Italy from 2020 to 2023 [Graph], Business Insider, March 13, 2020. [Online]. Available: https://www.statista.com/statistics/1104385/estimated-annual-percentage-change-in-gdp-in-italy/
