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.
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