Italy vs Republic of Korea: GDP, PPP
GDP, PPP over time
- Italy
- Republic of Korea
How they compare
Italy currently reports 3.70 trillion current international $ against 3.26 trillion current international $ in Republic of Korea, a difference of 437.47 billion current international $.
That makes Italy's figure about 1.1 times Republic of Korea's.
Across all 36 years both countries report, Italy has been ahead every year.
Italy ranks 13th and Republic of Korea ranks 15th of 204 countries.
Italy has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Italy | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.25 trillion current international $ | 590.21 billion current international $ | 663.39 billion current international $ | Italy |
| 2000s | 1.80 trillion current international $ | 1.23 trillion current international $ | 564.07 billion current international $ | Italy |
| 2010s | 2.35 trillion current international $ | 1.99 trillion current international $ | 356.21 billion current international $ | Italy |
| 2020s | 3.32 trillion current international $ | 2.90 trillion current international $ | 413.19 billion current international $ | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, ppp, Italy or Republic of Korea?
- Italy, at 3.70 trillion current international $ against 3.26 trillion current international $ in Republic of Korea as of 2025.
- What is the difference in gdp, ppp between Italy and Republic of Korea?
- 437.47 billion current international $, with Italy ahead.
- How many years of comparable data are there for Italy and Republic of Korea?
- 36 years are reported by both, from 1990 to 2025.
- How do Italy and Republic of Korea rank globally for gdp, ppp?
- Italy ranks 13th and Republic of Korea ranks 15th of 204 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.