GDP weights used in the calculation of the global specific indicator in Italy

Italy: GDP weights used in the calculation of the global specific indicator was 12.8% in 2023. ▲ Rising

Latest (2023)
12.8%
Change on year
up 2.4%
World rank
5th
of 37 countries
All-time high
12.8%
in 2023
All-time low
11.1%
in 2020
Years of data
10
2014–2023

GDP weights used in the calculation of the global specific indicator in Italy, 2014–2023

0510152014201820232014: 11.8 Percentage of EU27 (from 2020) total (based on million purchasing power standard2015: 11.5 Percentage of EU27 (from 2020) total (based on million purchasing power standard2016: 11.4 Percentage of EU27 (from 2020) total (based on million purchasing power standard2017: 11.4 Percentage of EU27 (from 2020) total (based on million purchasing power standard2018: 11.3 Percentage of EU27 (from 2020) total (based on million purchasing power standard2019: 11.2 Percentage of EU27 (from 2020) total (based on million purchasing power standard2020: 11.1 Percentage of EU27 (from 2020) total (based on million purchasing power standard2021: 12.5 Percentage of EU27 (from 2020) total (based on million purchasing power standard2022: 12.5 Percentage of EU27 (from 2020) total (based on million purchasing power standard2023: 12.8 Percentage of EU27 (from 2020) total (based on million purchasing power standard

Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.

Analysis

The most recent figure for gdp weights used in the calculation of the global specific indicator in Italy is 12.8%, measured in 2023. That is the highest value across all 10 years on record.

Compared with earlier readings it is up 2.4% on the previous year and up 8.5% over ten years.

Over the whole period, gdp weights used in the calculation of the global specific indicator in Italy peaked at 12.8% in 2023 and was at its lowest, 11.1%, in 2020.

Italy ranks 5th of 37 countries on this measure, in the top quarter.

GDP weights used in the calculation of the global specific indicator in Italy, year by year

Annual values for GDP weights used in the calculation of the global specific indicator in Italy, 2014 to 2023.
Year Percentage of EU27 (from 2020) total (based on million purchasing power standard Change
2014 11.8%
2015 11.5% -2.5%
2016 11.4% -0.9%
2017 11.4% +0.0%
2018 11.3% -0.9%
2019 11.2% -0.9%
2020 11.1% -0.9%
2021 12.5% +12.6%
2022 12.5% +0.0%
2023 12.8% +2.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.4% 11.2% 11.8% 6
2020s 12.2% 11.1% 12.8% 4

Countries ranked near Italy

  1. 2 France 15.5% compare
  2. 3 United Kingdom of Great Britain and Northern Ireland 13.5% compare
  3. 3 United Kingdom 13.5% compare
  4. 6 Spain 9.1% compare
  5. 7 Poland 6.7% compare
  6. 7 Poland 6.7% compare

See the full ranking of 38 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is gdp weights used in the calculation of the global specific indicator in Italy?
Gdp weights used in the calculation of the global specific indicator in Italy was 12.8% in 2023, according to Eurostat.
What is the highest gdp weights used in the calculation of the global specific indicator recorded in Italy?
The highest recorded value was 12.8% in 2023.
What is the lowest gdp weights used in the calculation of the global specific indicator recorded in Italy?
The lowest recorded value was 11.1% in 2020.
How does Italy rank for gdp weights used in the calculation of the global specific indicator?
Italy ranks 5th out of 37 countries with data for 2023.
Is gdp weights used in the calculation of the global specific indicator rising or falling in Italy?
Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
Where does this Italy data come from?
The figures come from Eurostat, published as part of GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.

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GDP weights used in the calculation of the global specific indicator in Italy. Statizoid, drawing on Eurostat. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/gdp-weights-used-in-the-calculation-of-the-global-specific-indicator/italy/

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About this data

Indicator
GDP weights used in the calculation of the global specific indicator
Unit
Percentage of EU27 (from 2020) total (based on million purchasing power standard
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 374 data points, 2014–2023
Last refreshed