In 2015, the growth of Greece will beat that of Italy: +2,9 against +1,1%. This year, however, GDP will rise by 0,6% in both countries. These are the estimates of the International Monetary Fund contained in the draft of the World Economic Outlook anticipated today by the Ansa press agency.
However, the comparison requires some caution. We must bear in mind that – according to estimates released at the beginning of February by the Austrian economic research institute Wifo – from 2008 to 2013 the Greek gross domestic product recorded a contraction of 23%. In the same period, according to Istat data, the Italian GDP recorded the following trend: -1,0% (2008), -5,0% (2009), +1,3% (2009), +0,4% (2010), -2,4% (2011), -1,8% (2013).
As for absolute values, according to calculations by the World Bank, in 2012 Italy's per capita GDP was equal to 33.048,75 dollars, while that of Greece reached 22.082,89 dollars. In the same year, our country's GDP was worth 2.013 billion dollars, while Greece's was worth 249,1 billion.
