Average economic size of farms by standard output, farm type and age in Italy
Italy: Average economic size of farms by standard output, farm type and age was 58.60 billion Euro in 2023. ▲ Rising
Latest (2023)
58.60 billion Euro
Change on year
up 3.2%
World rank
3rd
of 40 countries
All-time high
58.60 billion Euro
in 2023
All-time low
40.33 billion Euro
in 2005
Years of data
7
2005–2023
Average economic size of farms by standard output, farm type and age in Italy, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for average economic size of farms by standard output, farm type and age in Italy is 58.60 billion Euro, measured in 2023. That is the highest value across all 7 years on record.
The figure is up 3.2% on the previous year and up 33.8% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Italy peaked at 58.60 billion Euro in 2023 and was at its lowest, 40.33 billion Euro, in 2005.
Italy ranks 3rd of 40 countries on this measure, in the top 10%.
Average economic size of farms by standard output, farm type and age in Italy, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 40.33 billion Euro | — |
| 2007 | 40.54 billion Euro | +0.5% |
| 2010 | 49.46 billion Euro | +22.0% |
| 2013 | 43.79 billion Euro | -11.5% |
| 2016 | 51.69 billion Euro | +18.0% |
| 2020 | 56.81 billion Euro | +9.9% |
| 2023 | 58.60 billion Euro | +3.2% |
Italy compared with similar countries
- Italy's 58.60 billion Euro is above the median for Europe & Central Asia, which is 7.96 billion Euro, 7.4× the median. (29 countries reporting)
- Italy's 58.60 billion Euro is above the median for high income countries, which is 7.66 billion Euro, 7.7× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.44 billion Euro | 40.33 billion Euro | 40.54 billion Euro | 2 |
| 2010s | 48.31 billion Euro | 43.79 billion Euro | 51.69 billion Euro | 3 |
| 2020s | 57.70 billion Euro | 56.81 billion Euro | 58.60 billion Euro | 2 |
Countries ranked near Italy
- 1 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) 393.99 billion Euro compare
- 2 France 69.80 billion Euro compare
- 4 Germany 50.33 billion Euro compare
- 5 Spain 45.68 billion Euro compare
- 6 Poland 32.99 billion Euro compare
- 6 Poland 32.99 billion Euro compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in Italy?
- Average economic size of farms by standard output, farm type and age in Italy was 58.60 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Italy?
- The highest recorded value was 58.60 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Italy?
- The lowest recorded value was 40.33 billion Euro in 2005.
- How does Italy rank for average economic size of farms by standard output, farm type and age?
- Italy ranks 3rd out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Italy?
- Over the last ten years it is up 33.8%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
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