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Italy's GDP up 0.9% in 2023, deficit worse than forecast at 7.2%

Debt-to-GDP ratio down to 137.3% last year says Istat

Redazione Ansa

(ANSA) - ROME, MAR 1 - Italy's GDP grew by 0.9% in 2023, Istat said on Friday.
    That is up from the growth figure of 0.7% the national statistics agency had given in an estimate at the end of January and 0.8% given by the government in its Nadef economic blueprint.
    It said Italy's deficit-to-GDP ratio for 2023 was 7.2%, down from 8.6% in 2022, but higher than the estimate of 5.3% given in the Nadef.
    The debt-to-GDP ratio, meanwhile, dropped to 137.3% from 140.5% in 2022.
    That is significantly better than the Nadef estimate of 140.2%.
    (ANSA).
   

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