The Gross Domestic Product (GDP) in Italy was worth 1886.45 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Italy represents 1.67 percent of the world economy. source: World Bank

GDP in Italy averaged 1000.42 USD Billion from 1960 until 2020, reaching an all time high of 2408.66 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 October of 2021.

GDP in Italy is expected to reach 1920.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy GDP is projected to trend around 2000.00 USD Billion in 2022 and 2380.00 USD Billion in 2023, according to our econometric models.

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Italy GDP

Italy Last Unit Reference Previous Highest Lowest
GDP 1886.45 USD Billion Dec/20 2004.91 2408.66 40.39
GDP per capita 32901.88 USD Dec/20 35998.97 38272.20 10878.98
GDP per capita PPP 38992.15 USD Dec/20 42662.52 45356.54 36585.68
GDP From Services 272471.90 EUR Million Jun/21 264704.40 286903.20 231403.50
GDP From Manufacturing 74300.90 EUR Million Jun/21 73442.40 85827.00 55523.40
GDP From Construction 18932.30 EUR Million Jun/21 18345.30 27646.20 12279.50
GDP From Agriculture 7898.30 EUR Million Jun/21 7901.30 9016.00 7473.60

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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