Italian GDP: for 2021 S&P raises estimates to +6.4%

5 January 2022

In its late November forecasts for the Eurozone economy, S&P Global Ratings improved its estimate for Italy’s GDP, taking it to +6.4% in 2021 (from the +6% in October) and to +4.7% in 20221 (from +4.4%).

For the Eurozone as a whole, in the light of a resurgence of the pandemic and the possible impact this could have on the economy, the ratings agency instead confirmed its 2021 estimate at 5.2% and downsized by a tenth its estimate for 2022, to 4.4%, “despite the surprisingly strong upswing in the third quarter.” For Germany, S&P foresees growth at a rate of 2.7% this year and of 4.3% in 2022, while for France the forecasts are for 6.7% in 2021 and 3.8% next year.

Like this Article? Share it!

Comments are closed.