Europe · World Bank + FRED data · updated Sep 28, 2026

Italy economy forecast

For 2026 the model expects inflation of 1.6%, GDP growth of 0.6% and unemployment of 6.1% in Italy.

Inflation

CPI, annual %

1.6%

2026 forecast

Latest · 2025: 1.5%■ 0.0 pp

GDP growth

Annual %

0.6%

2026 forecast

Latest · 2025: 0.5%▲ +0.1 pp

Unemployment

% of labor force, ILO modeled

6.1%

2026 forecast

Latest · 2025: 6.4%▼ −0.3 pp

GDP per capita

Current US$

$43,922

2026 forecast

Latest · 2025: $43,309▲ +1.4%

Population

Population, total

58.80M

2026 forecast

Latest · 2025: 58.92M▼ −0.2%

USD/EUR

EUR per 1 USD

0.8897

in 12 months

Last close · Sep 25, 2026: 0.8772▲ +1.4%

Italy at a glance, 2026–2028

IndicatorLatest202620272028
Inflation1.5% 20251.6%1.5%1.5%
GDP growth0.5% 20250.6%0.6%0.6%
Unemployment6.4% 20256.1%6.3%6.4%
GDP per capita$43,309 2025$43,922$44,482$44,542
Population58.92M 202558.80M58.84M59.02M

Medians; each indicator's page shows its 80% range and backtest.

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Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.