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Italy Output Gap, Percent of Potential GDP Statistics

27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Italy › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Italy indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Italy , Year 2010 - In Detail

Output Gap, Percent of Potential GDP for Italy in year 2010 is -3.326 %

This makes Italy No. 19 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Italy is 2.97 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Italy was -3.95 % Output Gap, Percent of Potential GDP for Italy in 2010 was or will be 15.75% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Italy was or will be -3.03 %, which is 8.87% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Italy, in other Years
Year %
  2016 0.046
  2015 -0.631
  2014 -1.273
  2013 -1.892
  2012 -2.492
  2011 -3.031
2010 -3.326
  2009 -3.948
  2008 -0.536
  2007 1.484
  2006 0.751
  2005 -0.42
  2004 0.02
  2003 -0.338
  2002 0.908
  2001 1.77
  2000 1.354
  1999 -0.808
  1998 -0.737
  1997 -0.566
  1996 -0.829
  1995 -0.309
  1994 -1.449
  1993 -1.901
  1992 0.698
  1991 1.76
  1990 2.201
  1989 2.285
  1988 1.212
  1987 -0.482
  1986 -1.088
  1985 -1.298
  1984 -1.397
  1983 -1.866
  1982 -0.058
  1981 2.088
  1980 13.345