In 2023, Italy's total pension funds' assets stood at approximately 13% of GDP. Projections from 2024 to 2028 indicate a consistent growth trajectory, with assets expected to reach 18% of GDP in 2028. The year-on-year growth from 2024 to 2028 reflects an average annual increase of about 1 percentage point. The compound annual growth rate (CAGR) over the forecasted period is approximately 6.52%.
Future trends to watch for:
- Factors influencing GDP growth, impacting relative pension fund assets.
- Policy changes focused on pension fund regulations and incentives.
- Demographic shifts affecting pension fund contributions and payouts.
- Market dynamics, particularly interest rates and investment returns.