Italy’s GDP rose 6.6% in 2021

By Larry John Brown

Published: March 1, 2022 | 11:21 PM GMT

Italy’s GDP rose 6.

6% in 2021

ROME, 1st March, 2022 (WAM/ANSA) — Italy’s GDP rose by 6.

6% in 2021 with respect to the previous year, the Italian National Institute of Statistics (ISTAT) said on Tuesday.

The national statistics agency said that:”The Italian economy registered growth of exceptional intensity due to the strong recovery of productive activity after a 2020
characterized by the effects of the health emergency.

”

It said domestic demand was the driving force of the increase.

Italy’s GDP dropped by 8.

9% in 2020.

The agency said Italy’s public deficit fell from 9.

6% in 2020 to 7.

2% last year.

ISTAT said the debt-to-GDP ratio dropped to 150.

4% in 2021 from 155.

3% the previous year.

About Larry John Brown

Larry John is a talented writer and journalist based in New York, USA. He is a valued contributor to TDPel Media, where he creates engaging and informative content for readers. Larry has a keen interest in current events, business, and technology, and he enjoys exploring these topics in-depth to provide readers with a comprehensive understanding of the issues. His writing style is characterized by its clarity, precision, and attention to detail, which make his articles a pleasure to read. Larry’s passion for storytelling has earned him a reputation as a skilled writer and a respected authority in his field.