Oecd Economic Surveys Italy 2024

Italy has weathered recent crises well. A strong fiscal policy response, enhanced competitiveness and improved banking sector health have supported growth in recent years.

The Spanish economy entered a deep recession in 2020 due to the COVID-19 pandemic. A strong government response has protected jobs and firms. However, the crisis has exacerbated long-standing structural challenges, such as high unemployment, inequalities and regional disparities.

Italy’s economy is recovering steadily from the COVID crisis, thanks to the vaccination campaign and generous fiscal support to households and firms. Risks to the outlook are large, including virus variants and the path of global interest rates.

OECD's 1965 Economic Survey of Italy examines the 1963-64 recession and its causes and looks at the prospects and policies for re-expansion.

OECD's 1963 Economic Survey of Italy covers output and demand, the internal financial situation, external transactions, and prospects.

In recent years Italy achieved a modest recovery, supported by global economic conditions, expansionary monetary policy and structural reforms. However, the recovery has recently weakened and Italy continues to suffer from long-standing social and economic problems. Living standards are roughly the same as in 2000 and poverty rates for young people remain high. Large regional disparities have widened over recent decades.

This 1999 edition of OECD's periodic review of Italy's economy includes special features on ageing and structural reform.