Italy GDPItaly GDPItaly GDP

Italy GDP

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪2.41 T‬USD on Dec 31, 2008
Lowest
‪40.39 B‬USD on Dec 31, 1960

About Italy GDP


Category
GDP
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Frequently Asked Questions


One of the ways to count Italy GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Italy GDP was 2.3 T USD, and the year before it reached 2.1 T USD.
Italy GDP accounts for 2.17% of the world GDP.
In 2023 Italy GDP per capita was ‪34.09 K‬ USD, and in 2022 it reached ‪33.84 K‬ USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Italy real GDP was ‪483.53 B‬ EUR, the quarter before it reached ‪482.88 B‬ EUR.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Italy GDP has ever reached is 2.41 T USD.
The lowest ever value Italy GDP has reached is 40.39 B USD.