UK vs Italy: economic growth, GDP and energy prices compared
On IMF figures, the UK's GDP growth rate in 2025 was 1.2%; Italy's was 0.5%. In 2025 the IMF gives $4.01 trillion for the UK's GDP and $2.55 trillion for Italy. OECD figures for 2025 put the UK's household energy price inflation at 1.6%, higher than Italy's minus 1.0%.
Real GDP growth
On IMF figures, the UK's GDP growth rate in 2025 was 1.2%; Italy's was 0.5%. From 2015 to 2025 the UK's figure was the higher of the two in 8 of 11 years.
| Year | UK | Italy |
|---|---|---|
| 2025 | 1.2% | 0.5% |
| 2024 | 1.1% | 0.8% |
| 2023 | 0.4% | 0.9% |
| 2022 | 5.0% | 4.8% |
| 2021 | 8.5% | 8.9% |
| 2020 | minus 10.0% | minus 8.9% |
| 2019 | 1.4% | 0.4% |
| 2018 | 1.6% | 0.8% |
| 2017 | 3.3% | 1.6% |
| 2016 | 2.2% | 1.2% |
| 2015 | 2.2% | 0.9% |
The IMF's real GDP growth is the percentage change in gross domestic product at constant prices, for a calendar year compared with the year before.
GDP, current prices
In 2025 the IMF gives $4.01 trillion for the UK's GDP and $2.55 trillion for Italy. The UK's figure was higher than Italy's in every year from 2015 to 2025.
| Year | UK | Italy |
|---|---|---|
| 2025 | $4.01 trillion | $2.55 trillion |
| 2024 | $3.71 trillion | $2.38 trillion |
| 2023 | $3.44 trillion | $2.32 trillion |
| 2022 | $3.20 trillion | $2.11 trillion |
| 2021 | $3.21 trillion | $2.18 trillion |
| 2020 | $2.73 trillion | $1.91 trillion |
| 2019 | $2.89 trillion | $2.02 trillion |
| 2018 | $2.91 trillion | $2.10 trillion |
| 2017 | $2.71 trillion | $1.97 trillion |
| 2016 | $2.72 trillion | $1.89 trillion |
| 2015 | $2.95 trillion | $1.85 trillion |
The IMF's GDP in US dollars is the value of all goods and services produced in a country in a calendar year, at that year's prices, converted from the national currency into US dollars at market exchange rates.
Inflation in household energy prices
OECD figures for 2025 put the UK's household energy price inflation at 1.6%, higher than Italy's minus 1.0%. From 2015 to 2025 the UK's figure was the higher of the two in 7 of 11 years.
| Year | UK | Italy |
|---|---|---|
| 2025 | 1.6% | minus 1.0% |
| 2024 | minus 18.7% | minus 16.6% |
| 2023 | 15.0% | minus 5.0% |
| 2022 | 64.4% | 85.4% |
| 2021 | 5.0% | 16.2% |
| 2020 | minus 4.6% | minus 8.4% |
| 2019 | 3.6% | 1.8% |
| 2018 | 6.8% | 4.9% |
| 2017 | 3.9% | 2.7% |
| 2016 | minus 2.9% | minus 4.8% |
| 2015 | minus 3.5% | minus 2.7% |
The OECD republishes each country's consumer price index for electricity, gas and other fuels used in the home (COICOP group 04.5).
More figures for the UK and Italy
| Figure | UK | Italy | Year | Source |
|---|---|---|---|---|
| Inflation, average consumer prices | 3.4% | 1.6% | 2025 | IMF |
| Price-to-income ratio, standardised | 115.7 (100 = long-term average) | 89.9 (100 = long-term average) | 2025 | OECD |
| GDP per head, purchasing power parity | $65,758 | $63,508 | 2025 | IMF |
| Unemployment rate | 4.9% | 6.1% | 2025 | IMF |
| General government gross debt | 102.1% of GDP | 137.1% of GDP | 2025 | IMF |
| Life expectancy at birth | 81.4 years | 84.0 years | 2024 | World Bank |
| Total tax revenue | 34.4% of GDP | 42.8% of GDP | 2024 | OECD |
| Current health expenditure | 11.4% of GDP | 8.4% of GDP | 2025 | OECD |
| General government expenditure | 43.5% of GDP | 51.2% of GDP | 2025 | IMF |
| Employment rate, ages 15 to 64 | 75.1% | 62.5% | 2025 | OECD |
| Core defence expenditure | 2.56% of GDP | 2.10% of GDP | 2026 | NATO |
| Carbon dioxide emissions per person | 4.22 tonnes | 5.08 tonnes | 2024 | World Bank |
| Gross domestic spending on research and development | 2.8% of GDP | 1.4% of GDP | 2023 | OECD |
Each value is for the latest year both the UK and Italy have in that body's data. International bodies adjust national figures so that countries can be compared, so UK values can differ from the ONS's.
Ranked tables with the UK and Italy
- UK GDP growth compared with the G7
- UK GDP growth compared with EU countries
- UK GDP compared with other countries
- UK household energy price inflation compared with Europe
More about Italy: Italy in figures. Compare any two countries with the country comparison tool.
Sources and receipts
- International Monetary Fund: World Economic Outlook database (IMF DataMapper)read 2026-10-14 · SHA-256
5200170b0f19f025…· publisher's page - International Monetary Fund: World Economic Outlook database (IMF DataMapper)read 2026-10-14 · SHA-256
7294ac0b3013e39b…· publisher's page - OECD: Consumer price indicesread 2026-10-14 · SHA-256
e65b928246b385b5…· publisher's page - OECD: Consumer price indicesread 2026-10-14 · SHA-256
53bd8a1de156c848…· publisher's page - OECD: Consumer price indicesread 2026-10-14 · SHA-256
7f602aa3372de03a…· publisher's page - OECD: Consumer price indicesread 2026-10-14 · SHA-256
ee244608acd0fa96…· publisher's page
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