Italy GDP Annual Growth Rate: 0.6% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Italy is estimated to be $2.023 Trillion US dollars at the end of 2024.

The economy of Italy has grown at an average annual growth rate of 3.7% in the last four years and is ranked the 4th largest economy in Europe, ahead of Spain.

World Economics Rates Italy's Offical GDP Data as Grade A

GDP Annual Growth Rate: Italy


Source: World Bank, World Economics
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Economic Indicators: Italy 2021 2022 2023 2024
GDP Annual Growth Rate (%) 8.9 4.7 0.7 0.6
GDP per Capita Annual Growth Rate (%) 9.5 4.9 0.7 0.8
Real GDP (US$ Billions, 2010) 1,908 1,997 2,011 2,023
Real GDP per Capita (US$, 2010) 32,268 33,840 34,088 34,373
Current GDP (Billions, US$) 2,179 2,103 2,301 2,315
Current GDP per Capita (US$) 36,853 35,636 39,003 39,330
Real GDP PPP (Billions, 2017) 2,478 2,557 2,553 2,653
Real GDP per Capita PPP (int$ 2017) 41,056 42,435 42,439 44,208
Data Quality Rating for Italy See how much you can trust Italy's GDP Data





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