Europe & Central Asia
Italy GDP
Gross Domestic Product in current US dollars.
Latest Value
$2.38T
As of 2024
YoY Change
+2.8%
2023 → 2024
Record High
$2.42T
Recorded in 2008
Record Low
$42.01B
Recorded in 1960
10-Year Average
$2.07T
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: NY.GDP.MKTP.CD
Historical Trend
1960 – 2024
Analysis
Italy's GDP of 2,380,830,000,000 current US$ in 2024 indicates a significant economy with a high level of industrial and service sector activity. The country's GDP is one of the largest in the European Union and the world, driven by industries such as manufacturing, tourism, and agriculture. This GDP figure reflects Italy's position as a major economic power.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | $2.38T | $64.10B | +2.8% |
| 2023 | $2.32T | $212.66B | +10.1% |
| 2022 | $2.10T | $75.14B | -3.4% |
| 2021 | $2.18T | $271.73B | +14.2% |
| 2020 | $1.91T | $112.13B | -5.6% |
| 2019 | $2.02T | $79.83B | -3.8% |
| 2018 | $2.10T | $128.71B | +6.5% |
| 2017 | $1.97T | $83.61B | +4.4% |
| 2016 | $1.89T | $41.68B | +2.3% |
| 2015 | $1.85T | $327.83B | -15.1% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Europe & Central Asia · GDP
