Italy vs Spain: Gross domestic product (GDP)

Italy
3.00 trillion international-$ in 2021 prices
in 2023
Spain
2.19 trillion international-$ in 2021 prices
in 2023
Italy rank
12th
Spain rank
15th

Gross domestic product (GDP) over time

  • Italy
  • Spain
01.0T2.0T3.0T195019862023

How they compare

Italy currently reports 3.00 trillion international-$ in 2021 prices against 2.19 trillion international-$ in 2021 prices in Spain, a difference of 810.30 billion international-$ in 2021 prices.

That makes Italy's figure about 1.4 times Spain's.

Across all 74 years both countries report, Italy has been ahead every year.

Italy ranks 12th and Spain ranks 15th of 184 countries.

Italy has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Italy Spain Difference Ahead
1950s 309.66 billion international-$ in 2021 prices 165.66 billion international-$ in 2021 prices 144.00 billion international-$ in 2021 prices Italy
1960s 542.68 billion international-$ in 2021 prices 318.02 billion international-$ in 2021 prices 224.66 billion international-$ in 2021 prices Italy
1970s 986.40 billion international-$ in 2021 prices 561.42 billion international-$ in 2021 prices 424.98 billion international-$ in 2021 prices Italy
1980s 1.42 trillion international-$ in 2021 prices 649.70 billion international-$ in 2021 prices 772.85 billion international-$ in 2021 prices Italy
1990s 1.94 trillion international-$ in 2021 prices 990.94 billion international-$ in 2021 prices 949.82 billion international-$ in 2021 prices Italy
2000s 2.38 trillion international-$ in 2021 prices 1.58 trillion international-$ in 2021 prices 800.21 billion international-$ in 2021 prices Italy
2010s 2.60 trillion international-$ in 2021 prices 1.88 trillion international-$ in 2021 prices 722.73 billion international-$ in 2021 prices Italy
2020s 2.85 trillion international-$ in 2021 prices 2.05 trillion international-$ in 2021 prices 803.48 billion international-$ in 2021 prices Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Italy or Spain?
Italy, at 3.00 trillion international-$ in 2021 prices against 2.19 trillion international-$ in 2021 prices in Spain as of 2023.
What is the difference in gross domestic product (gdp) between Italy and Spain?
810.30 billion international-$ in 2021 prices, with Italy ahead.
How many years of comparable data are there for Italy and Spain?
74 years are reported by both, from 1950 to 2023.
How do Italy and Spain rank globally for gross domestic product (gdp)?
Italy ranks 12th and Spain ranks 15th of 184 countries.
Where does this data come from?
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Spain: Gross domestic product (GDP). Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gdp-penn-world-table/italy/spain/

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.