GDP per capita in Italy
Italy: GDP per capita was 50,488 international-$ in 2021 prices in 2023. ◆ Volatile
GDP per capita in Italy, 1950–2023
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
| 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
| Decade | Average | Lowest | Highest | 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
- 28 Finland 51,699 international-$ in 2021 prices compare
- 29 France 51,466 international-$ in 2021 prices compare
- 30 United Kingdom 50,690 international-$ in 2021 prices compare
- 32 New Zealand 47,160 international-$ in 2021 prices compare
- 33 Malta 46,795 international-$ in 2021 prices compare
- 34 Spain 45,787 international-$ in 2021 prices 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)
- SDRs holdings, US dollar, annual growth rate 4.59 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 502.25 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.3992 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 366.74 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.39 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
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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About this data
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.