GDP per capita in Italy

Italy: GDP per capita was 50,488 international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)
50,488 international-$ in 2021 prices
Change on year
up 1.1%
World rank
31st
of 184 countries
All-time high
50,488 international-$ in 2021 prices
in 2023
All-time low
5,083 international-$ in 2021 prices
in 1950
Years of data
74
1950–2023

GDP per capita in Italy, 1950–2023

10.0k20.0k30.0k40.0k50.0k195019862023

Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

Italy recorded 50,488 international-$ in 2021 prices for gdp per capita in 2023. That is the highest value across all 74 years on record.

The figure is up 1.1% on the previous year and up 23.4% over ten years.

Over the whole period, gdp per capita in Italy peaked at 50,488 international-$ in 2021 prices in 2023 and was at its lowest, 5,083 international-$ in 2021 prices, in 1950.

Italy ranks 31st of 184 countries on this measure, in the top quarter.

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

GDP per capita in Italy, year by year

Annual values for GDP per capita in Italy, 1950 to 2023.
Year international-$ in 2021 prices Change
1950 5,083 international-$ in 2021 prices —
1951 5,501 international-$ in 2021 prices +8.2%
1952 5,650 international-$ in 2021 prices +2.7%
1953 6,016 international-$ in 2021 prices +6.5%
1954 6,231 international-$ in 2021 prices +3.6%
1955 6,602 international-$ in 2021 prices +6.0%
1956 6,815 international-$ in 2021 prices +3.2%
1957 7,062 international-$ in 2021 prices +3.6%
1958 7,333 international-$ in 2021 prices +3.8%
1959 7,798 international-$ in 2021 prices +6.3%
1960 8,463 international-$ in 2021 prices +8.5%
1961 9,108 international-$ in 2021 prices +7.6%
1962 9,560 international-$ in 2021 prices +5.0%
1963 9,934 international-$ in 2021 prices +3.9%
1964 10,135 international-$ in 2021 prices +2.0%
1965 10,347 international-$ in 2021 prices +2.1%
1966 10,859 international-$ in 2021 prices +4.9%
1967 11,566 international-$ in 2021 prices +6.5%
1968 12,240 international-$ in 2021 prices +5.8%
1969 12,901 international-$ in 2021 prices +5.4%
1970 14,516 international-$ in 2021 prices +12.5%
1971 14,826 international-$ in 2021 prices +2.1%
1972 15,388 international-$ in 2021 prices +3.8%
1973 16,456 international-$ in 2021 prices +6.9%
1974 17,483 international-$ in 2021 prices +6.2%
1975 17,486 international-$ in 2021 prices +0.0%
1976 18,951 international-$ in 2021 prices +8.4%
1977 19,918 international-$ in 2021 prices +5.1%
1978 21,234 international-$ in 2021 prices +6.6%
1979 23,038 international-$ in 2021 prices +8.5%
1980 24,407 international-$ in 2021 prices +5.9%
1981 23,951 international-$ in 2021 prices -1.9%
1982 23,579 international-$ in 2021 prices -1.6%
1983 23,384 international-$ in 2021 prices -0.8%
1984 23,443 international-$ in 2021 prices +0.3%
1985 23,692 international-$ in 2021 prices +1.1%
1986 25,209 international-$ in 2021 prices +6.4%
1987 26,421 international-$ in 2021 prices +4.8%
1988 27,601 international-$ in 2021 prices +4.5%
1989 28,783 international-$ in 2021 prices +4.3%
1990 30,145 international-$ in 2021 prices +4.7%
1991 31,067 international-$ in 2021 prices +3.1%
1992 31,773 international-$ in 2021 prices +2.3%
1993 31,635 international-$ in 2021 prices -0.4%
1994 32,602 international-$ in 2021 prices +3.1%
1995 34,187 international-$ in 2021 prices +4.9%
1996 34,932 international-$ in 2021 prices +2.2%
1997 36,154 international-$ in 2021 prices +3.5%
1998 37,918 international-$ in 2021 prices +4.9%
1999 38,840 international-$ in 2021 prices +2.4%
2000 40,076 international-$ in 2021 prices +3.2%
2001 41,156 international-$ in 2021 prices +2.7%
2002 39,701 international-$ in 2021 prices -3.5%
2003 39,133 international-$ in 2021 prices -1.4%
2004 38,982 international-$ in 2021 prices -0.4%
2005 39,729 international-$ in 2021 prices +1.9%
2006 40,820 international-$ in 2021 prices +2.7%
2007 42,998 international-$ in 2021 prices +5.3%
2008 43,579 international-$ in 2021 prices +1.4%
2009 41,814 international-$ in 2021 prices -4.1%
2010 41,850 international-$ in 2021 prices +0.1%
2011 43,458 international-$ in 2021 prices +3.8%
2012 42,335 international-$ in 2021 prices -2.6%
2013 40,905 international-$ in 2021 prices -3.4%
2014 40,815 international-$ in 2021 prices -0.2%
2015 41,040 international-$ in 2021 prices +0.6%
2016 43,318 international-$ in 2021 prices +5.5%
2017 44,667 international-$ in 2021 prices +3.1%
2018 44,768 international-$ in 2021 prices +0.2%
2019 46,953 international-$ in 2021 prices +4.9%
2020 43,124 international-$ in 2021 prices -8.2%
2021 47,710 international-$ in 2021 prices +10.6%
2022 49,946 international-$ in 2021 prices +4.7%
2023 50,488 international-$ in 2021 prices +1.1%

Italy compared with similar countries

  • Italy's 50,488 international-$ in 2021 prices is above the median for high income countries, which is 45,556 international-$ in 2021 prices, 1.1× the median. (66 countries reporting)
  • Italy's 50,488 international-$ in 2021 prices is above the median for Europe & Central Asia, which is 36,158 international-$ in 2021 prices, 1.4× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 6,409 international-$ in 2021 prices 5,083 international-$ in 2021 prices 7,798 international-$ in 2021 prices 10
1960s 10,511 international-$ in 2021 prices 8,463 international-$ in 2021 prices 12,901 international-$ in 2021 prices 10
1970s 17,929 international-$ in 2021 prices 14,516 international-$ in 2021 prices 23,038 international-$ in 2021 prices 10
1980s 25,047 international-$ in 2021 prices 23,384 international-$ in 2021 prices 28,783 international-$ in 2021 prices 10
1990s 33,925 international-$ in 2021 prices 30,145 international-$ in 2021 prices 38,840 international-$ in 2021 prices 10
2000s 40,799 international-$ in 2021 prices 38,982 international-$ in 2021 prices 43,579 international-$ in 2021 prices 10
2010s 43,011 international-$ in 2021 prices 40,815 international-$ in 2021 prices 46,953 international-$ in 2021 prices 10
2020s 47,817 international-$ in 2021 prices 43,124 international-$ in 2021 prices 50,488 international-$ in 2021 prices 4

Countries ranked near Italy

  1. 28 Finland 51,699 international-$ in 2021 prices compare
  2. 29 France 51,466 international-$ in 2021 prices compare
  3. 30 United Kingdom 50,690 international-$ in 2021 prices compare
  4. 32 New Zealand 47,160 international-$ in 2021 prices compare
  5. 33 Malta 46,795 international-$ in 2021 prices compare
  6. 34 Spain 45,787 international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is gdp per capita in Italy?
Gdp per capita in Italy was 50,488 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gdp per capita recorded in Italy?
The highest recorded value was 50,488 international-$ in 2021 prices in 2023.
What is the lowest gdp per capita recorded in Italy?
The lowest recorded value was 5,083 international-$ in 2021 prices in 1950.
How does Italy rank for gdp per capita?
Italy ranks 31st out of 184 countries with data for 2023.
Is gdp per capita rising or falling in Italy?
Over the last ten years it is up 23.4%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

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GDP per capita in Italy. Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 06 October 2026, from https://economy.statizoid.com/stat/gdp-per-capita-penn-world-table/italy/

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About this data

Indicator
GDP per capita
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

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