Italy
Europe · EUR · Economic Health Dashboard
Macro Summary: Italy's economy is currently showing a health score of 59/100 (Stable). Inflation stands at 1.0%, placing it in the 11th percentile of its historical range. Real interest rates are classified as Neutral relative to the past decade. GDP growth has been decelerating with a 3-year average of 2.2%. The MSCI World equity index serves as the local market benchmark.
Economic Indicators Past 10 Years
Annual InflationInflationThe rate at which the general level of prices for goods and services is rising, eroding purchasing power.Click for full definition →
Unemployment RateUnemployment RateThe percentage of the labor force that is jobless and actively looking for work.Click for full definition →
GDP Growth RateCAGRCompound Annual Growth Rate — the annualized rate of return over a period, accounting for compounding.Click for full definition →
Real Interest RateMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition →
Era Distortion Radar
Normalized comparison of current macro conditions vs. the 10-year average (center = average). A shape larger than the baseline polygon indicates a more distorted environment.
Current vs. Decade Average
MSCI World Performance vs. Rate Regimes
Growth of $10,000 in the local equity benchmark. Red shaded periods indicate eras when real interest rates were historically elevated (above 0.5 standard deviations).
Real RatesMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition → vs. MSCI World Forward Returns
Scatter plot mapping Real Interest Rate Z-ScoresMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition → against the subsequent 12-Month return of the MSCI World.
This highlights historical "sweet spots" and risk environments.
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Frequently Asked Questions
What is Italy's current inflation rate?
Italy's annual inflation rate is currently 1.0%, which places it in the 11th percentile of its historical range. The 3-year rolling average is 4.9%. The trend is currently decelerating.
How is Italy's economy performing right now?
Italy's economy has a composite economic health score of 59/100 (Stable). Italy's economy is currently showing a health score of 59/100 (Stable). Inflation stands at 1.0%, placing it in the 11th percentile of its historical range. Real interest rates are classified as Neutral relative to the past decade. GDP growth has been decelerating with a 3-year average of 2.2%. The MSCI World equity index serves as the local market benchmark.
What is the Italy real interest rate and is it restrictive?
Italy's real interest rate is 3.2%. Its Z-Score of -0.33 vs. the past 20 years classifies it as Neutral. Higher real rates historically suppress equity valuations and slow economic growth.
How does Italy GDP growth compare to history?
Italy's GDP growth rate is 0.7%, sitting in the 20th percentile relative to its historical data. The current trend is decelerating, and the 5-year rolling average is 1.3%.
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