Domestic Demand in Italy
In the decade leading to 2022, Italy recorded an average growth rate of 0.7% in domestic demand, below the 1.3% Euro Area average. By contrast, in 2022, Italy's domestic demand registered growth of 5.3%.
Italy Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Italy from 2015 to 2014.
Source: Macrobond.
Italy Demand Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | 0.2 | -7.8 | 8.0 | 4.7 | 2.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Italian demand projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Italian demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Italian demand projections.
Want to get access to the full dataset of Italian demand forecasts? Send an email to info@focus-economics.com.