Gross Domestic Product — Value US$, annual growth rate in Italy
Italy: Gross Domestic Product — Value US$, annual growth rate was 2.96 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Italy, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Italy recorded 2.96 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.
Compared with earlier readings it is down 68.6% on the previous year and up 218.0% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Italy peaked at 41.61 % change on previous year in 1986 and was at its lowest, -19.34 % change on previous year, in 1993.
That places Italy 177th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Italy, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.94 % change on previous year | — |
| 1972 | 16.51 % change on previous year | +66.0% |
| 1973 | 20.82 % change on previous year | +26.1% |
| 1974 | 13.72 % change on previous year | -34.1% |
| 1975 | 14.1 % change on previous year | +2.7% |
| 1976 | -1.31 % change on previous year | -109.3% |
| 1977 | 14.62 % change on previous year | -1216.3% |
| 1978 | 22.31 % change on previous year | +52.6% |
| 1979 | 24.95 % change on previous year | +11.8% |
| 1980 | 21.23 % change on previous year | -14.9% |
| 1981 | -9.75 % change on previous year | -145.9% |
| 1982 | -0.8001 % change on previous year | -91.8% |
| 1983 | 3.69 % change on previous year | -561.2% |
| 1984 | -1.16 % change on previous year | -131.4% |
| 1985 | 3.27 % change on previous year | -381.6% |
| 1986 | 41.61 % change on previous year | +1173.5% |
| 1987 | 25.83 % change on previous year | -37.9% |
| 1988 | 10.65 % change on previous year | -58.8% |
| 1989 | 4.16 % change on previous year | -61.0% |
| 1990 | 27.21 % change on previous year | +554.5% |
| 1991 | 5.49 % change on previous year | -79.8% |
| 1992 | 5.94 % change on previous year | +8.1% |
| 1993 | -19.34 % change on previous year | -425.5% |
| 1994 | 3.23 % change on previous year | -116.7% |
| 1995 | 6.86 % change on previous year | +112.7% |
| 1996 | 11.67 % change on previous year | +70.1% |
| 1997 | -5.31 % change on previous year | -145.5% |
| 1998 | 2.23 % change on previous year | -142.0% |
| 1999 | -1.4 % change on previous year | -162.6% |
| 2000 | -8.39 % change on previous year | +501.5% |
| 2001 | 1.95 % change on previous year | -123.2% |
| 2002 | 9.36 % change on previous year | +380.9% |
| 2003 | 23.5 % change on previous year | +151.0% |
| 2004 | 14.52 % change on previous year | -38.2% |
| 2005 | 2.88 % change on previous year | -80.2% |
| 2006 | 5.02 % change on previous year | +74.4% |
| 2007 | 13.48 % change on previous year | +168.6% |
| 2008 | 8.77 % change on previous year | -34.9% |
| 2009 | -8.61 % change on previous year | -198.1% |
| 2010 | -2.92 % change on previous year | -66.1% |
| 2011 | 7.55 % change on previous year | -358.6% |
| 2012 | -9.06 % change on previous year | -220.0% |
| 2013 | 2.64 % change on previous year | -129.1% |
| 2014 | 0.9302 % change on previous year | -64.7% |
| 2015 | -15.08 % change on previous year | -1721.6% |
| 2016 | 2.26 % change on previous year | -115.0% |
| 2017 | 4.43 % change on previous year | +96.2% |
| 2018 | 6.53 % change on previous year | +47.4% |
| 2019 | -3.8 % change on previous year | -158.2% |
| 2020 | -5.55 % change on previous year | +46.0% |
| 2021 | 14.25 % change on previous year | -356.6% |
| 2022 | -3.5 % change on previous year | -124.5% |
| 2023 | 9.41 % change on previous year | -369.1% |
| 2024 | 2.96 % change on previous year | -68.6% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -1721.6% | 0.9302 % change on previous year | -15.08 % change on previous year |
| 1977 | +1216.3% | -1.31 % change on previous year | 14.62 % change on previous year |
| 1986 | +1173.5% | 3.27 % change on previous year | 41.61 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.07 % change on previous year | -1.31 % change on previous year | 24.95 % change on previous year | 9 |
| 1980s | 9.87 % change on previous year | -9.75 % change on previous year | 41.61 % change on previous year | 10 |
| 1990s | 3.66 % change on previous year | -19.34 % change on previous year | 27.21 % change on previous year | 10 |
| 2000s | 6.25 % change on previous year | -8.61 % change on previous year | 23.5 % change on previous year | 10 |
| 2010s | -0.6528 % change on previous year | -15.08 % change on previous year | 7.55 % change on previous year | 10 |
| 2020s | 3.51 % change on previous year | -5.55 % change on previous year | 14.25 % change on previous year | 5 |
Countries ranked near Italy
- 174 San Marino 3.08 % change on previous year compare
- 175 Angola 2.99 % change on previous year compare
- 176 Germany 2.97 % change on previous year compare
- 178 Ecuador 2.91 % change on previous year compare
- 179 Curacao 2.76 % change on previous year compare
- 179 Curaçao 2.76 % change on previous year compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Italy?
- Gross domestic product — value us$, annual growth rate in Italy was 2.96 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Italy?
- The highest recorded value was 41.61 % change on previous year in 1986.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Italy?
- The lowest recorded value was -19.34 % change on previous year in 1993.
- How does Italy rank for gross domestic product — value us$, annual growth rate?
- Italy ranks 177th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Italy?
- Over the last ten years it is up 218.0%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.