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
GDP weights used in the calculation of the global specific indicator in Italy, 2014–2023
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
| 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.4% | 11.2% | 11.8% | 6 |
| 2020s | 12.2% | 11.1% | 12.8% | 4 |
Countries ranked near Italy
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)
- Gross capital formation (constant 2015 US$), annual growth rate 2.35 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.18 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 7,795 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 7.19 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.303 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 13,121 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 2.67 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.2681 current LCU per US$ of GDP (2025)
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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