Italy's GDP grew by 0.5% in volume in 2025 with respect to the previous year, while its deficit-to-GDP ratio fell to 3.1% last year from 3.4% in 2024, Istat said on Monday.
    The national statistics agency said Italy's debt-to-GDP ratio rose to 137.1% from 134.7% in 2024, while the tax burden climbed to 43.1% of GDP in 2025, up from 42.4%.
    Istat stressed that the deficit figure was not definitive and could be amended before April 21.
    A figure of below 3% would enable Italy to come out of its excessive-deficit procedure with the EU.
    The government estimated that the deficit would come in at 3% of GDP in 2025 in the DPFP economic blueprint it released in October.

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