GERD by sector of performance and socioeconomic objectives (NABS 2007) in Italy
Italy: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 31,043 Million euro in 2024. ▲ Rising
Latest (2024)
31,043 Million euro
Change on year
up 5.6%
World rank
10th
of 54 countries
All-time high
31,043 Million euro
in 2024
All-time low
14,769 Million euro
in 2003
Years of data
22
2003–2024
GERD by sector of performance and socioeconomic objectives in Italy, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gerd by sector of performance and socioeconomic objectives in Italy stood at 31,043 Million euro. That is the highest value across all 22 years on record.
That represents a change of up 5.6% on the previous year and up 42.5% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Italy peaked at 31,043 Million euro in 2024 and was at its lowest, 14,769 Million euro, in 2003.
Italy ranks 10th of 54 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in Italy, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 14,769 Million euro | — |
| 2004 | 15,253 Million euro | +3.3% |
| 2005 | 15,599 Million euro | +2.3% |
| 2006 | 16,831 Million euro | +7.9% |
| 2007 | 18,231 Million euro | +8.3% |
| 2008 | 18,993 Million euro | +4.2% |
| 2009 | 19,209 Million euro | +1.1% |
| 2010 | 19,625 Million euro | +2.2% |
| 2011 | 19,811 Million euro | +0.9% |
| 2012 | 20,502 Million euro | +3.5% |
| 2013 | 20,983 Million euro | +2.3% |
| 2014 | 21,781 Million euro | +3.8% |
| 2015 | 22,157 Million euro | +1.7% |
| 2016 | 23,172 Million euro | +4.6% |
| 2017 | 23,794 Million euro | +2.7% |
| 2018 | 25,232 Million euro | +6.0% |
| 2019 | 26,260 Million euro | +4.1% |
| 2020 | 25,028 Million euro | -4.7% |
| 2021 | 25,991 Million euro | +3.8% |
| 2022 | 27,286 Million euro | +5.0% |
| 2023 | 29,399 Million euro | +7.7% |
| 2024 | 31,043 Million euro | +5.6% |
Italy compared with similar countries
- Italy's 31,043 Million euro is above the median for Europe & Central Asia, which is 5,020 Million euro, 6.2× the median. (35 countries reporting)
- Italy's 31,043 Million euro is above the median for high income countries, which is 8,893 Million euro, 3.5× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16,984 Million euro | 14,769 Million euro | 19,209 Million euro | 7 |
| 2010s | 22,332 Million euro | 19,625 Million euro | 26,260 Million euro | 10 |
| 2020s | 27,750 Million euro | 25,028 Million euro | 31,043 Million euro | 5 |
Countries ranked near Italy
- 7 France 64,129 Million euro compare
- 8 United Kingdom 44,366 Million euro compare
- 8 United Kingdom 44,366 Million euro compare
- 11 Switzerland 26,643 Million euro compare
- 12 Netherlands 26,437 Million euro compare
- 13 Netherlands 25,678 Million euro compare
More economy & growth data for Italy
- Real gdp growth, annual growth rate -31.03 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gerd by sector of performance and socioeconomic objectives in Italy?
- Gerd by sector of performance and socioeconomic objectives in Italy was 31,043 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in Italy?
- The highest recorded value was 31,043 Million euro in 2024.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Italy?
- The lowest recorded value was 14,769 Million euro in 2003.
- How does Italy rank for gerd by sector of performance and socioeconomic objectives?
- Italy ranks 10th out of 54 countries with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in Italy?
- Over the last ten years it is up 42.5%. 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 GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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