Economy, Campania’s GDP is growing more than that of Friuli.
Italy’s GDP is growing, but it grows more in the South than in the North: according to the health of the economy photographed by Svimez (association for the development of the industry of Southern Italy), in fact, if in 2023 the national GDP marks +0.9% (deceleration compared to +4% in 2022, but still above the EU average of +0 .4%), that of the southern regions director a +1.4 vs +1% of the North-West, +0.9% from the North-East and +0.4% of the Center.
Not only that: within the North East, Friuli Venezia Giulia show (unique in Italy together with Tuscany and Marche) a negative figure, i.e. -0.2%. What weighs heavily on our region is the decline in industrial activity (-1.9%) which is not compensated by the growth of the tertiary sector, and that of exports, which marks -13.6%.
As regards the four sectors analysed by Svimez, our region records positive values especially in construction (+3.3%) and in services (+0.7%). Agriculture, on the other hand, is also negative, marking -9.4%.
According to the Svimez analysis, in the North-East, it was above all the flat dynamics of added value industrial to contain GDP growth to +0.9% while the adverse climatic factors, which characterized much of the year, they have penalized agriculture whose added value decreased in all areas of Italy, with the exception of the North-West.
It has had a significant impact on the growth of the GDP in the South – Svimez reports –the advancement of public investments grew by 16.8% in the South in 2023, compared to +7.2% in the Centre-North. In the southern regions as a whole investments in public works have grown from 8.7 to 13 billion between 2022 and 2023 (+50.1% versus +37.6% in the Centre-North). A trend that should have had a significant impact on the progressive advancement of PNRR investments and the acceleration of spending of European cohesion funds in the closing phase of the 2014-2020 programming cycle.
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