GDP in Italy

Italy: GDP was 1.94 trillion in 2024. ▲ Rising

Latest (2024)
1.94 trillion
Change on year
up 0.7%
World rank
25th
of 74 countries
All-time high
1.94 trillion
in 2024
All-time low
465.74 billion
in 1960
Years of data
65
1960–2024

GDP in Italy, 1960–2024

500.0B1.0T1.5T2.0T196019922024

Source: UNICEF.

Analysis

Italy recorded 1.94 trillion for gdp in 2024. That is the highest value across all 65 years on record.

That represents a change of up 0.7% on the previous year and up 11.2% over ten years.

Over the whole period, gdp in Italy peaked at 1.94 trillion in 2024 and was at its lowest, 465.74 billion, in 1960.

That places Italy 25th out of 74 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 65 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 606.56 billion 465.74 billion 770.51 billion 10
1970s 959.97 billion 811.43 billion 1.14 trillion 10
1980s 1.29 trillion 1.18 trillion 1.46 trillion 10
1990s 1.58 trillion 1.49 trillion 1.70 trillion 10
2000s 1.84 trillion 1.77 trillion 1.91 trillion 10
2010s 1.79 trillion 1.74 trillion 1.83 trillion 10
2020s 1.85 trillion 1.67 trillion 1.94 trillion 5

Countries ranked near Italy

  1. 22 Türkiye 2.34 trillion compare
  2. 23 Albania 2.05 trillion compare
  3. 24 Ukraine 2.01 trillion compare
  4. 26 United Arab Emirates 1.78 trillion compare
  5. 27 Spain 1.36 trillion compare
  6. 28 Morocco 1.29 trillion compare

See the full ranking of 74 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is gdp in Italy?
Gdp in Italy was 1.94 trillion in 2024, according to UNICEF.
What is the highest gdp recorded in Italy?
The highest recorded value was 1.94 trillion in 2024.
What is the lowest gdp recorded in Italy?
The lowest recorded value was 465.74 billion in 1960.
How does Italy rank for gdp?
Italy ranks 25th out of 74 countries with data for 2024.
Is gdp rising or falling in Italy?
Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
Where does this Italy data come from?
The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in Italy. Statizoid, drawing on UNICEF. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/gdp-constant-lcu-3/italy/

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About this data

Indicator
GDP (constant LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,684 data points, 1960–2024
Last refreshed