Output gap measured as a difference between actual and potential gdp growth reached -5.34% in 2014 in Italy, according to the National Statistical Office. This is 7.56% more than in the previous year.
Historically, output gap measured as a difference between actual and potential GDP growth in Italy reached an all time high of 3.31% in 2007 and an all time low of -5.78% in 2013.
Italy has been ranked 28th within the group of 34 countries we follow in terms of output gap measured as a difference between actual and potential GDP growth.
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