Gdp penn world table in Italy

Italy: Gdp penn world table was 3.00 trillion in 2023. ◆ Volatile

Latest (2023)
3.00 trillion
Change on year
up 0.9%
World rank
12th
of 184 countries
All-time high
3.00 trillion
in 2023
All-time low
238.24 billion
in 1950
Years of data
74
1950–2023

Gdp penn world table in Italy, 1950–2023

01.0T2.0T3.0T195019862023

Source: Our World in Data.

Analysis

In 2023, gdp penn world table in Italy stood at 3.00 trillion. That is the highest value across all 74 years on record.

The figure is up 0.9% on the previous year and up 21.1% over ten years.

Over the whole period, gdp penn world table in Italy peaked at 3.00 trillion in 2023 and was at its lowest, 238.24 billion, in 1950.

That places Italy 12th out of 184 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gdp penn world table in Italy, year by year

Annual values for Gdp penn world table in Italy, 1950 to 2023.
Year Value Change
1950 238.24 billion —
1951 259.54 billion +8.9%
1952 267.95 billion +3.2%
1953 287.07 billion +7.1%
1954 299.42 billion +4.3%
1955 319.44 billion +6.7%
1956 331.72 billion +3.8%
1957 345.59 billion +4.2%
1958 360.98 billion +4.5%
1959 386.65 billion +7.1%
1960 422.66 billion +9.3%
1961 457.83 billion +8.3%
1962 483.63 billion +5.6%
1963 506.03 billion +4.6%
1964 520.32 billion +2.8%
1965 535.22 billion +2.9%
1966 565.40 billion +5.6%
1967 606.07 billion +7.2%
1968 645.29 billion +6.5%
1969 684.39 billion +6.1%
1970 775.02 billion +13.2%
1971 796.26 billion +2.7%
1972 832.02 billion +4.5%
1973 896.03 billion +7.7%
1974 958.43 billion +7.0%
1975 964.60 billion +0.6%
1976 1.05 trillion +9.0%
1977 1.11 trillion +5.6%
1978 1.19 trillion +7.0%
1979 1.29 trillion +8.9%
1980 1.38 trillion +6.5%
1981 1.36 trillion -1.5%
1982 1.34 trillion -1.4%
1983 1.33 trillion -0.7%
1984 1.33 trillion +0.3%
1985 1.35 trillion +1.1%
1986 1.43 trillion +6.4%
1987 1.50 trillion +4.8%
1988 1.57 trillion +4.5%
1989 1.64 trillion +4.4%
1990 1.72 trillion +4.8%
1991 1.77 trillion +3.1%
1992 1.82 trillion +2.4%
1993 1.81 trillion -0.4%
1994 1.87 trillion +3.5%
1995 1.96 trillion +4.8%
1996 2.00 trillion +1.7%
1997 2.07 trillion +3.5%
1998 2.17 trillion +4.9%
1999 2.22 trillion +2.5%
2000 2.30 trillion +3.2%
2001 2.36 trillion +2.8%
2002 2.28 trillion -3.3%
2003 2.26 trillion -0.9%
2004 2.27 trillion +0.4%
2005 2.32 trillion +2.5%
2006 2.40 trillion +3.2%
2007 2.54 trillion +6.0%
2008 2.60 trillion +2.1%
2009 2.50 trillion -3.5%
2010 2.52 trillion +0.5%
2011 2.62 trillion +4.2%
2012 2.56 trillion -2.3%
2013 2.48 trillion -3.2%
2014 2.48 trillion -0.2%
2015 2.49 trillion +0.4%
2016 2.62 trillion +5.4%
2017 2.70 trillion +3.0%
2018 2.70 trillion +0.0%
2019 2.82 trillion +4.6%
2020 2.58 trillion -8.5%
2021 2.85 trillion +10.3%
2022 2.98 trillion +4.5%
2023 3.00 trillion +0.9%

Italy compared with similar countries

  • Italy's 3.00 trillion is above the median for high income countries, which is 277.84 billion, 10.8× the median. (66 countries reporting)
  • Italy's 3.00 trillion is above the median for Europe & Central Asia, which is 314.74 billion, 9.5× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 309.66 billion 238.24 billion 386.65 billion 10
1960s 542.68 billion 422.66 billion 684.39 billion 10
1970s 986.40 billion 775.02 billion 1.29 trillion 10
1980s 1.42 trillion 1.33 trillion 1.64 trillion 10
1990s 1.94 trillion 1.72 trillion 2.22 trillion 10
2000s 2.38 trillion 2.26 trillion 2.60 trillion 10
2010s 2.60 trillion 2.48 trillion 2.82 trillion 10
2020s 2.85 trillion 2.58 trillion 3.00 trillion 4

Countries ranked near Italy

  1. 9 France 3.53 trillion compare
  2. 10 United Kingdom 3.48 trillion compare
  3. 11 Turkey 3.12 trillion compare
  4. 13 South Korea 2.91 trillion compare
  5. 14 Mexico 2.60 trillion compare
  6. 15 Spain 2.19 trillion compare

See the full ranking of 184 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is gdp penn world table in Italy?
Gdp penn world table in Italy was 3.00 trillion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Italy?
The highest recorded value was 3.00 trillion in 2023.
What is the lowest gdp penn world table recorded in Italy?
The lowest recorded value was 238.24 billion in 1950.
How does Italy rank for gdp penn world table?
Italy ranks 12th out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Italy?
Over the last ten years it is up 21.1%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Italy. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/italy/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed