Gross domestic product (GDP), per unit of GDP in Italy
Italy: Gross domestic product (GDP), per unit of GDP was 1.3 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
1.3 international-$ in 2021 prices per US$ of GDP
Change on year
down 8.4%
World rank
142nd
of 180 countries
All-time high
10.06 international-$ in 2021 prices per US$ of GDP
in 1960
All-time low
1.07 international-$ in 2021 prices per US$ of GDP
in 2008
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Italy, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
In 2023, gross domestic product (gdp), per unit of gdp in Italy stood at 1.3 international-$ in 2021 prices per US$ of GDP.
Compared with earlier readings it is down 8.4% on the previous year and up 12.5% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Italy peaked at 10.06 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 1.07 international-$ in 2021 prices per US$ of GDP, in 2008.
Italy ranks 142nd of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Italy, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 10.06 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 9.81 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 1962 | 9.23 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 1963 | 8.43 international-$ in 2021 prices per US$ of GDP | -8.7% |
| 1964 | 7.92 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 1965 | 7.57 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 1966 | 7.38 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 1967 | 7.18 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 1968 | 7.05 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 1969 | 6.78 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 1970 | 6.82 international-$ in 2021 prices per US$ of GDP | +0.6% |
| 1971 | 6.37 international-$ in 2021 prices per US$ of GDP | -6.6% |
| 1972 | 5.71 international-$ in 2021 prices per US$ of GDP | -10.3% |
| 1973 | 5.09 international-$ in 2021 prices per US$ of GDP | -10.9% |
| 1974 | 4.79 international-$ in 2021 prices per US$ of GDP | -5.9% |
| 1975 | 4.23 international-$ in 2021 prices per US$ of GDP | -11.8% |
| 1976 | 4.67 international-$ in 2021 prices per US$ of GDP | +10.4% |
| 1977 | 4.3 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 1978 | 3.76 international-$ in 2021 prices per US$ of GDP | -12.5% |
| 1979 | 3.28 international-$ in 2021 prices per US$ of GDP | -12.9% |
| 1980 | 2.88 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 1981 | 3.14 international-$ in 2021 prices per US$ of GDP | +9.2% |
| 1982 | 3.12 international-$ in 2021 prices per US$ of GDP | -0.6% |
| 1983 | 2.99 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 1984 | 3.03 international-$ in 2021 prices per US$ of GDP | +1.5% |
| 1985 | 2.97 international-$ in 2021 prices per US$ of GDP | -2.1% |
| 1986 | 2.23 international-$ in 2021 prices per US$ of GDP | -24.8% |
| 1987 | 1.86 international-$ in 2021 prices per US$ of GDP | -16.7% |
| 1988 | 1.76 international-$ in 2021 prices per US$ of GDP | -5.5% |
| 1989 | 1.76 international-$ in 2021 prices per US$ of GDP | +0.2% |
| 1990 | 1.45 international-$ in 2021 prices per US$ of GDP | -17.6% |
| 1991 | 1.42 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 1992 | 1.37 international-$ in 2021 prices per US$ of GDP | -3.4% |
| 1993 | 1.69 international-$ in 2021 prices per US$ of GDP | +23.5% |
| 1994 | 1.7 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 1995 | 1.67 international-$ in 2021 prices per US$ of GDP | -1.9% |
| 1996 | 1.52 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1997 | 1.66 international-$ in 2021 prices per US$ of GDP | +9.4% |
| 1998 | 1.7 international-$ in 2021 prices per US$ of GDP | +2.6% |
| 1999 | 1.77 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 2000 | 2 international-$ in 2021 prices per US$ of GDP | +12.7% |
| 2001 | 2.01 international-$ in 2021 prices per US$ of GDP | +0.8% |
| 2002 | 1.78 international-$ in 2021 prices per US$ of GDP | -11.6% |
| 2003 | 1.43 international-$ in 2021 prices per US$ of GDP | -19.7% |
| 2004 | 1.25 international-$ in 2021 prices per US$ of GDP | -12.4% |
| 2005 | 1.25 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 2006 | 1.22 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2007 | 1.14 international-$ in 2021 prices per US$ of GDP | -6.6% |
| 2008 | 1.07 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 2009 | 1.13 international-$ in 2021 prices per US$ of GDP | +5.6% |
| 2010 | 1.17 international-$ in 2021 prices per US$ of GDP | +3.5% |
| 2011 | 1.14 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 2012 | 1.22 international-$ in 2021 prices per US$ of GDP | +7.4% |
| 2013 | 1.15 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 2014 | 1.14 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 2015 | 1.35 international-$ in 2021 prices per US$ of GDP | +18.2% |
| 2016 | 1.39 international-$ in 2021 prices per US$ of GDP | +3.1% |
| 2017 | 1.37 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2018 | 1.29 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 2019 | 1.4 international-$ in 2021 prices per US$ of GDP | +8.8% |
| 2020 | 1.35 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 2021 | 1.31 international-$ in 2021 prices per US$ of GDP | -3.5% |
| 2022 | 1.42 international-$ in 2021 prices per US$ of GDP | +8.2% |
| 2023 | 1.3 international-$ in 2021 prices per US$ of GDP | -8.4% |
Italy compared with similar countries
- Italy's 1.3 international-$ in 2021 prices per US$ of GDP is above the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 1.1× the median. (65 countries reporting)
- Italy's 1.3 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 86% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.14 international-$ in 2021 prices per US$ of GDP | 6.78 international-$ in 2021 prices per US$ of GDP | 10.06 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 4.9 international-$ in 2021 prices per US$ of GDP | 3.28 international-$ in 2021 prices per US$ of GDP | 6.82 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 2.58 international-$ in 2021 prices per US$ of GDP | 1.76 international-$ in 2021 prices per US$ of GDP | 3.14 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.6 international-$ in 2021 prices per US$ of GDP | 1.37 international-$ in 2021 prices per US$ of GDP | 1.77 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.43 international-$ in 2021 prices per US$ of GDP | 1.07 international-$ in 2021 prices per US$ of GDP | 2.01 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.26 international-$ in 2021 prices per US$ of GDP | 1.14 international-$ in 2021 prices per US$ of GDP | 1.4 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.34 international-$ in 2021 prices per US$ of GDP | 1.3 international-$ in 2021 prices per US$ of GDP | 1.42 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Italy
- 139 Seychelles 1.32 international-$ in 2021 prices per US$ of GDP compare
- 140 Portugal 1.31 international-$ in 2021 prices per US$ of GDP compare
- 141 Aruba 1.31 international-$ in 2021 prices per US$ of GDP compare
- 143 Slovenia 1.29 international-$ in 2021 prices per US$ of GDP compare
- 144 Curacao 1.27 international-$ in 2021 prices per US$ of GDP compare
- 145 Japan 1.26 international-$ in 2021 prices per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Italy?
- Gross domestic product (gdp), per unit of gdp in Italy was 1.3 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Italy?
- The highest recorded value was 10.06 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Italy?
- The lowest recorded value was 1.07 international-$ in 2021 prices per US$ of GDP in 2008.
- How does Italy rank for gross domestic product (gdp), per unit of gdp?
- Italy ranks 142nd out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Italy?
- Over the last ten years it is up 12.5%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.