The General Confederation of Italian Industry Study Centre (Centro Studi Confindustria) has published the report Unveiling Italy’s Economic Potential, that offers a fresh and evidence-based look at Italy’s economic transformation in recent years.
With detailed data and a strategic outlook, the report debunks persistent stereotypes and highlights the country’s growing strengths, from industrial competitiveness to sustainability and financial resilience. For decades, international commentary on Italy’s economy has often focused on stagnation, high debt, and structural inefficiencies. Yet, as the report shows, the Italian economy is undergoing a quiet but substantial shift. Between 2018 and 2023, Italy’s GDP grew by an average of +1.0% per year, outperforming Germany (+0.3%) and reversing a historical trend that had seen Italy lag behind.
Others highlights from the report include:
- +17.8% increase in productive investments (2019–2024)
- Outstanding export performance: +45% since 2015
- 2nd in Europe for manufacturing productivity
- Among the lowest CO₂ emissions per unit of GDP in the G20
- Structurally improving labour market
- More resilient, less indebted corporate sector
- Greater political stability and improving judicial efficiency
The report was presented to major credit rating agencies in Rome, Frankfurt, and London, receiving highly positive feedback.
The document can be viewed and downloaded here.