Gross domestic product (GDP), Constant prices, Purchasing power in Italy

Italy: Gross domestic product (GDP), Constant prices, Purchasing power was 0.3397 % change on previous year in 2019. ◆ Volatile

Latest (2019)
0.3397 % change on previous year
Change on year
down 58.7%
World rank
165th
of 193 countries
All-time high
8.21 % change on previous year
in 1961
All-time low
-5.32 % change on previous year
in 2009
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Italy, 1961–2019

-50510196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in Italy stood at 0.3397 % change on previous year.

That represents a change of down 58.7% on the previous year and up 106.4% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Italy peaked at 8.21 % change on previous year in 1961 and was at its lowest, -5.32 % change on previous year, in 2009.

That places Italy 165th out of 193 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Italy, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Italy, 1961 to 2019.
Year % change on previous year Change
1961 8.21 % change on previous year —
1962 6.2 % change on previous year -24.4%
1963 5.61 % change on previous year -9.6%
1964 2.8 % change on previous year -50.2%
1965 3.27 % change on previous year +16.9%
1966 5.98 % change on previous year +83.1%
1967 7.18 % change on previous year +19.9%
1968 6.54 % change on previous year -8.8%
1969 6.1 % change on previous year -6.8%
1970 5.31 % change on previous year -12.9%
1971 1.93 % change on previous year -63.6%
1972 3.15 % change on previous year +63.1%
1973 6.55 % change on previous year +107.6%
1974 5.28 % change on previous year -19.4%
1975 -2.05 % change on previous year -138.8%
1976 6.53 % change on previous year -418.5%
1977 2.36 % change on previous year -63.9%
1978 3.65 % change on previous year +54.8%
1979 5.53 % change on previous year +51.5%
1980 3.48 % change on previous year -37.1%
1981 0.7813 % change on previous year -77.5%
1982 0.3252 % change on previous year -58.4%
1983 1.37 % change on previous year +320.0%
1984 3.21 % change on previous year +135.0%
1985 2.84 % change on previous year -11.5%
1986 2.97 % change on previous year +4.6%
1987 2.96 % change on previous year -0.4%
1988 4.3 % change on previous year +45.4%
1989 3.47 % change on previous year -19.2%
1990 1.95 % change on previous year -43.8%
1991 1.53 % change on previous year -21.5%
1992 0.6997 % change on previous year -54.3%
1993 -0.8581 % change on previous year -222.6%
1994 2.28 % change on previous year -365.8%
1995 2.96 % change on previous year +29.8%
1996 1 % change on previous year -66.2%
1997 1.94 % change on previous year +94.4%
1998 1.65 % change on previous year -15.2%
1999 1.57 % change on previous year -4.5%
2000 4.05 % change on previous year +157.6%
2001 1.78 % change on previous year -56.2%
2002 0.2493 % change on previous year -86.0%
2003 0.2232 % change on previous year -10.5%
2004 1.23 % change on previous year +449.6%
2005 0.9976 % change on previous year -18.7%
2006 1.88 % change on previous year +88.5%
2007 1.35 % change on previous year -28.4%
2008 -0.963 % change on previous year -171.6%
2009 -5.32 % change on previous year +452.8%
2010 1.67 % change on previous year -131.4%
2011 0.8439 % change on previous year -49.6%
2012 -3.01 % change on previous year -456.9%
2013 -1.86 % change on previous year -38.1%
2014 0.0697 % change on previous year -103.7%
2015 0.6602 % change on previous year +847.3%
2016 1.41 % change on previous year +112.8%
2017 1.73 % change on previous year +23.2%
2018 0.8227 % change on previous year -52.5%
2019 0.3397 % change on previous year -58.7%

Italy compared with similar countries

  • Italy's 0.3397 % change on previous year is below the median for high income countries, which is 1.81 % change on previous year, 19% of the median. (65 countries reporting)
  • Italy's 0.3397 % change on previous year is below the median for Europe & Central Asia, which is 2.4 % change on previous year, 14% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +847.3% 0.0697 % change on previous year 0.6602 % change on previous year
2004 +449.6% 0.2232 % change on previous year 1.23 % change on previous year
2009 -452.8% -0.963 % change on previous year -5.32 % change on previous year
2012 -456.9% 0.8439 % change on previous year -3.01 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.77 % change on previous year 2.8 % change on previous year 8.21 % change on previous year 9
1970s 3.82 % change on previous year -2.05 % change on previous year 6.55 % change on previous year 10
1980s 2.57 % change on previous year 0.3252 % change on previous year 4.3 % change on previous year 10
1990s 1.47 % change on previous year -0.8581 % change on previous year 2.96 % change on previous year 10
2000s 0.5469 % change on previous year -5.32 % change on previous year 4.05 % change on previous year 10
2010s 0.267 % change on previous year -3.01 % change on previous year 1.73 % change on previous year 10

Countries ranked near Italy

  1. 162 Kuwait 0.4274 % change on previous year compare
  2. 163 Fiji 0.3617 % change on previous year compare
  3. 164 Saint Vincent and the Grenadines 0.3429 % change on previous year compare
  4. 166 Palau 0.3319 % change on previous year compare
  5. 167 Saudi Arabia 0.3312 % change on previous year compare
  6. 168 Belize 0.2739 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Italy?
Gross domestic product (gdp), constant prices, purchasing power in Italy was 0.3397 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Italy?
The highest recorded value was 8.21 % change on previous year in 1961.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Italy?
The lowest recorded value was -5.32 % change on previous year in 2009.
How does Italy rank for gross domestic product (gdp), constant prices, purchasing power?
Italy ranks 165th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Italy?
Over the last ten years it is up 106.4%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Italy. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/italy/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.