Gross domestic product (GDP) (National statistical) in Italy
Italy: Gross domestic product (GDP) was 2.05 trillion constant 2015 US$ in 2025. ▲ Rising
Gross domestic product (GDP) in Italy, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Italy recorded 2.05 trillion constant 2015 US$ for gross domestic product (gdp) in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 10.8% over ten years.
Over the whole period, gross domestic product (gdp) in Italy peaked at 2.05 trillion constant 2015 US$ in 2025 and was at its lowest, 488.50 billion constant 2015 US$, in 1960.
That places Italy 9th out of 209 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic product (GDP) in Italy, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 488.50 billion constant 2015 US$ | — |
| 1961 | 528.60 billion constant 2015 US$ | +8.2% |
| 1962 | 561.39 billion constant 2015 US$ | +6.2% |
| 1963 | 592.88 billion constant 2015 US$ | +5.6% |
| 1964 | 609.47 billion constant 2015 US$ | +2.8% |
| 1965 | 629.38 billion constant 2015 US$ | +3.3% |
| 1966 | 667.05 billion constant 2015 US$ | +6.0% |
| 1967 | 714.94 billion constant 2015 US$ | +7.2% |
| 1968 | 761.73 billion constant 2015 US$ | +6.5% |
| 1969 | 808.18 billion constant 2015 US$ | +6.1% |
| 1970 | 851.10 billion constant 2015 US$ | +5.3% |
| 1971 | 866.57 billion constant 2015 US$ | +1.8% |
| 1972 | 898.55 billion constant 2015 US$ | +3.7% |
| 1973 | 962.58 billion constant 2015 US$ | +7.1% |
| 1974 | 1.02 trillion constant 2015 US$ | +5.5% |
| 1975 | 994.30 billion constant 2015 US$ | -2.1% |
| 1976 | 1.07 trillion constant 2015 US$ | +7.1% |
| 1977 | 1.09 trillion constant 2015 US$ | +2.6% |
| 1978 | 1.13 trillion constant 2015 US$ | +3.2% |
| 1979 | 1.20 trillion constant 2015 US$ | +6.0% |
| 1980 | 1.24 trillion constant 2015 US$ | +3.4% |
| 1981 | 1.25 trillion constant 2015 US$ | +0.8% |
| 1982 | 1.25 trillion constant 2015 US$ | +0.4% |
| 1983 | 1.27 trillion constant 2015 US$ | +1.2% |
| 1984 | 1.31 trillion constant 2015 US$ | +3.2% |
| 1985 | 1.34 trillion constant 2015 US$ | +2.8% |
| 1986 | 1.38 trillion constant 2015 US$ | +2.9% |
| 1987 | 1.43 trillion constant 2015 US$ | +3.2% |
| 1988 | 1.49 trillion constant 2015 US$ | +4.2% |
| 1989 | 1.54 trillion constant 2015 US$ | +3.4% |
| 1990 | 1.57 trillion constant 2015 US$ | +2.0% |
| 1991 | 1.59 trillion constant 2015 US$ | +1.5% |
| 1992 | 1.60 trillion constant 2015 US$ | +0.8% |
| 1993 | 1.59 trillion constant 2015 US$ | -0.9% |
| 1994 | 1.62 trillion constant 2015 US$ | +2.2% |
| 1995 | 1.67 trillion constant 2015 US$ | +2.9% |
| 1996 | 1.69 trillion constant 2015 US$ | +1.3% |
| 1997 | 1.73 trillion constant 2015 US$ | +1.9% |
| 1998 | 1.76 trillion constant 2015 US$ | +1.8% |
| 1999 | 1.79 trillion constant 2015 US$ | +1.7% |
| 2000 | 1.86 trillion constant 2015 US$ | +3.9% |
| 2001 | 1.89 trillion constant 2015 US$ | +2.0% |
| 2002 | 1.90 trillion constant 2015 US$ | +0.3% |
| 2003 | 1.90 trillion constant 2015 US$ | +0.1% |
| 2004 | 1.93 trillion constant 2015 US$ | +1.5% |
| 2005 | 1.94 trillion constant 2015 US$ | +0.8% |
| 2006 | 1.98 trillion constant 2015 US$ | +1.8% |
| 2007 | 2.01 trillion constant 2015 US$ | +1.5% |
| 2008 | 1.99 trillion constant 2015 US$ | -1.0% |
| 2009 | 1.88 trillion constant 2015 US$ | -5.3% |
| 2010 | 1.91 trillion constant 2015 US$ | +1.5% |
| 2011 | 1.92 trillion constant 2015 US$ | +0.7% |
| 2012 | 1.86 trillion constant 2015 US$ | -3.1% |
| 2013 | 1.83 trillion constant 2015 US$ | -1.8% |
| 2014 | 1.83 trillion constant 2015 US$ | -0.0% |
| 2015 | 1.85 trillion constant 2015 US$ | +0.9% |
| 2016 | 1.87 trillion constant 2015 US$ | +1.2% |
| 2017 | 1.90 trillion constant 2015 US$ | +1.6% |
| 2018 | 1.91 trillion constant 2015 US$ | +0.8% |
| 2019 | 1.92 trillion constant 2015 US$ | +0.4% |
| 2020 | 1.75 trillion constant 2015 US$ | -8.9% |
| 2021 | 1.91 trillion constant 2015 US$ | +8.9% |
| 2022 | 2.00 trillion constant 2015 US$ | +4.8% |
| 2023 | 2.02 trillion constant 2015 US$ | +0.9% |
| 2024 | 2.03 trillion constant 2015 US$ | +0.8% |
| 2025 | 2.05 trillion constant 2015 US$ | +0.5% |
Italy compared with similar countries
- Italy's 2.05 trillion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 26.9× the median. (80 countries reporting)
- Italy's 2.05 trillion constant 2015 US$ is above the median for Europe & Central Asia, which is 71.17 billion constant 2015 US$, 28.7× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 636.21 billion constant 2015 US$ | 488.50 billion constant 2015 US$ | 808.18 billion constant 2015 US$ | 10 |
| 1970s | 1.01 trillion constant 2015 US$ | 851.10 billion constant 2015 US$ | 1.20 trillion constant 2015 US$ | 10 |
| 1980s | 1.35 trillion constant 2015 US$ | 1.24 trillion constant 2015 US$ | 1.54 trillion constant 2015 US$ | 10 |
| 1990s | 1.66 trillion constant 2015 US$ | 1.57 trillion constant 2015 US$ | 1.79 trillion constant 2015 US$ | 10 |
| 2000s | 1.93 trillion constant 2015 US$ | 1.86 trillion constant 2015 US$ | 2.01 trillion constant 2015 US$ | 10 |
| 2010s | 1.88 trillion constant 2015 US$ | 1.83 trillion constant 2015 US$ | 1.92 trillion constant 2015 US$ | 10 |
| 2020s | 1.96 trillion constant 2015 US$ | 1.75 trillion constant 2015 US$ | 2.05 trillion constant 2015 US$ | 6 |
Countries ranked near Italy
- 6 United Kingdom 3.36 trillion constant 2015 US$ compare
- 7 France 2.74 trillion constant 2015 US$ compare
- 8 Brazil 2.07 trillion constant 2015 US$ compare
- 10 South Korea 1.94 trillion constant 2015 US$ compare
- 11 Canada 1.89 trillion constant 2015 US$ compare
- 12 Australia 1.69 trillion constant 2015 US$ 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 gross domestic product (gdp) in Italy?
- Gross domestic product (gdp) in Italy was 2.05 trillion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Italy?
- The highest recorded value was 2.05 trillion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Italy?
- The lowest recorded value was 488.50 billion constant 2015 US$ in 1960.
- How does Italy rank for gross domestic product (gdp)?
- Italy ranks 9th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Italy?
- Over the last ten years it is up 10.8%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.