The Gross Domestic Product (GDP) in Italy was worth 2001.24 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Italy represents 1.67 percent of the world economy.

GDP in Italy averaged 984.63 USD Billion from 1960 until 2019, reaching an all time high of 2398.86 USD Billion in 2008 and a record low of 40.39 USD Billion in 1960. This page provides the latest reported value for - Italy GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy GDP - values, historical data and charts - was last updated on July of 2020. source: World Bank

GDP in Italy is expected to reach 1800.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy GDP is projected to trend around 1920.00 USD Billion in 2021 and 2000.00 USD Billion in 2022, according to our econometric models.

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Italy GDP

Actual Previous Highest Lowest Dates Unit Frequency
2001.24 2085.76 2398.86 40.39 1960 - 2019 USD Billion Yearly
Current USD

Italy GDP Last Previous Highest Lowest Unit
GDP Growth Rate -5.30 -0.20 6.00 -5.30 percent [+]
GDP Annual Growth Rate -5.40 0.10 10.30 -7.20 percent [+]
GDP 2001.24 2085.76 2398.86 40.39 USD Billion [+]
GDP Constant Prices 407308.20 430146.50 452802.50 294839.30 EUR Million [+]
Gross Fixed Capital Formation 71971.60 78542.60 98217.50 52865.10 EUR Million [+]
GDP per capita 35613.80 35433.80 38272.20 10879.00 USD [+]
GDP per capita PPP 42412.70 42198.20 45578.50 36764.70 USD [+]
GDP From Agriculture 8099.80 8255.30 9030.50 7471.90 EUR Million [+]
GDP From Construction 16110.00 17108.80 27635.80 16004.60 EUR Million [+]
GDP From Manufacturing 68823.10 75309.40 85777.20 66536.70 EUR Million [+]
GDP From Services 273297.00 285890.00 286246.00 224998.40 EUR Million [+]


Italy GDP
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.
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