Italiano
Pil e indebitamento delle AP

GDP and General Government net borrowing

The National Institute of Statistics releases the estimates of Gross Domestic Product (GDP) and General Government debt in accordance with the definitions of the European System of Accounts (ESA95) and Council Regulation (EC) n. 479/2009.

In 2012, GDP at current prices decreased by 0.8% (to 1,565,916 millions of euro) compared with the previous year.

The chain-link volume measure of GDP fell by 2.4%, after an increase by 0.4% in 2011.

The fall in GDP was due to a sharp contraction in Gross fixed capital formation (-8.0%) and in Final consumption expenditure (-3.9%), partly offset by the increase in Exports (2.3%). Imports decreased by 7.7%.

General Government net borrowing was -47,446 millions of euro (-3.0% of GDP), with an improvement with respect to the previous year (-3.8% of GDP), while General Government debt reached 1,988,658 millions of euro (127.0% of GDP).

tags:
accounting, accounts, current balance, debt, deficit, GDP, GDP net borrowing, general government, investments, primary balance, public finance, revenue, statistics report, value added
theme:
National accounts, Public Administrations
document typology:
Press release
Reference period
Years 2010 2012
Date of publication
1 March 2013
Full text
(pdf 100 KB)
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