Italy has the 8th largest economy in the world and is one of the richest countries in the world. The gross domestic product (GDP) of Italy is $1,814.76 (USD Billion) and its growth was 0.76% from 2014 to 2015. Its highest GDP was recorded in 2008 and its average GDP in the last 10 years is $2,127.94 (USD Billion).
Italy GDP per capita is $29,847.05 (USD). However, when factoring in purchase power parity (PPP), it becomes $35,896.46 (USD), making it the 30th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $34,848.74 (USD).
GDP Of Italy Per Year
Italy's GDP & Other Economic Statistics
|GNI per capita, PPP||35,850.00||35,380.00||35,860.00||International $|
|GNI, PPP||2,179.87||2,150.72||2,179.87||International $ Billion|
|Gross domestic savings||362.45||411.09||501.87||USD Billion|
|GDP per capita, PPP||35,896.46||35,419.39||35,899.78||International $|
|GDP per capita growth||0.74||-1.25||1.70||%|
|GDP per capita||29,847.05||35,179.65||40,640.18||USD|
|Services, etc., value added||1,205.53||1,426.75||1,549.19||USD Billion|
|Industry, value added||386.84||452.83||563.86||USD Billion|
|Manufacturing, value added||257.76||297.35||369.00||USD Billion|
|Agriculture, value added||36.70||41.58||44.63||USD Billion|
|Gross fixed capital formation||299.79||354.87||507.82||USD Billion|
|Tax revenue||23.60||23.66||23.66||% of GDP|
What is Gross Domestic Product (GDP)?
Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Italy – current values and historical information. The information was last updated 2016.
GDP Of Italy vs. Other Countries
|Rank||Country||GDP (USD Billion), 2015|
|5||The United Kingdom||2,848.76|