GDP price levels relative to the US in Italy
Italy: GDP price levels relative to the US was 0.649 in 2024. ▼ Falling
Latest (2024)
0.649
Change on year
down 0.3%
World rank
48th
of 202 countries
All-time high
1.15
in 1992
All-time low
0.6227
in 2022
Years of data
35
1990–2024
GDP price levels relative to the US in Italy, 1990–2024
Source: World Development Indicators - World Bank (2026) – processed by Our World in Data.
Analysis
In 2024, gdp price levels relative to the us in Italy stood at 0.649.
That represents a change of down 0.3% on the previous year and down 33.9% over ten years.
Over the whole period, gdp price levels relative to the us in Italy peaked at 1.15 in 1992 and was at its lowest, 0.6227, in 2022.
That places Italy 48th out of 202 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 35 years of available data.
GDP price levels relative to the US in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.12 | — |
| 1991 | 1.12 | +0.5% |
| 1992 | 1.15 | +2.7% |
| 1993 | 0.9168 | -20.5% |
| 1994 | 0.907 | -1.1% |
| 1995 | 0.9228 | +1.7% |
| 1996 | 1 | +8.5% |
| 1997 | 0.9142 | -8.7% |
| 1998 | 0.8919 | -2.4% |
| 1999 | 0.8595 | -3.6% |
| 2000 | 0.7436 | -13.5% |
| 2001 | 0.7312 | -1.7% |
| 2002 | 0.7787 | +6.5% |
| 2003 | 0.9428 | +21.1% |
| 2004 | 1.06 | +12.4% |
| 2005 | 1.06 | +0.4% |
| 2006 | 1.03 | -2.9% |
| 2007 | 1.11 | +7.3% |
| 2008 | 1.15 | +3.9% |
| 2009 | 1.08 | -6.7% |
| 2010 | 1.03 | -4.7% |
| 2011 | 1.06 | +3.0% |
| 2012 | 0.9607 | -9.0% |
| 2013 | 0.9792 | +1.9% |
| 2014 | 0.9826 | +0.3% |
| 2015 | 0.8196 | -16.6% |
| 2016 | 0.7754 | -5.4% |
| 2017 | 0.7794 | +0.5% |
| 2018 | 0.8045 | +3.2% |
| 2019 | 0.7246 | -9.9% |
| 2020 | 0.7222 | -0.3% |
| 2021 | 0.7396 | +2.4% |
| 2022 | 0.6227 | -15.8% |
| 2023 | 0.6509 | +4.5% |
| 2024 | 0.649 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9807 | 0.8595 | 1.15 | 10 |
| 2000s | 0.969 | 0.7312 | 1.15 | 10 |
| 2010s | 0.8907 | 0.7246 | 1.06 | 10 |
| 2020s | 0.6769 | 0.6227 | 0.7396 | 5 |
Countries ranked near Italy
- 45 South Sudan 0.6664 compare
- 46 Andorra 0.6579 compare
- 47 Uruguay 0.6564 compare
- 49 United Arab Emirates 0.6345 compare
- 50 Malta 0.6283 compare
- 51 Venezuela, Bolivarian Republic of 0.625 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.64 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2455 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 10,630 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -0.5061 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -4.7 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.49 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0183 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 791.64 current LCU per person (2025)
Frequently asked questions
- What is gdp price levels relative to the us in Italy?
- Gdp price levels relative to the us in Italy was 0.649 in 2024, according to World Development Indicators - World Bank (2026) – processed by Our World in Data.
- What is the highest gdp price levels relative to the us recorded in Italy?
- The highest recorded value was 1.15 in 1992.
- What is the lowest gdp price levels relative to the us recorded in Italy?
- The lowest recorded value was 0.6227 in 2022.
- How does Italy rank for gdp price levels relative to the us?
- Italy ranks 48th out of 202 countries with data for 2024.
- Is gdp price levels relative to the us rising or falling in Italy?
- Over the last ten years it is down 33.9%. The long-run trend across the full record is falling.
- Where does this Italy data come from?
- The figures come from World Development Indicators - World Bank (2026) – processed by Our World in Data, published as part of GDP price levels relative to the US. Statizoid updates them automatically from the source API.
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About this data
Ratio of Purchasing Power Parity (PPP) conversion factor to market exchange rate.