Gross National Income — Value Standard Local Currency, annual growth in Italy
Italy: Gross National Income — Value Standard Local Currency, annual growth was 5.03 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Italy, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value standard local currency, annual growth in Italy is 5.03 % change on previous year, measured in 2023.
That represents a change of down 38.6% on the previous year and up 763.5% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Italy peaked at 26.11 % change on previous year in 1974 and was at its lowest, -6.99 % change on previous year, in 2020.
That places Italy 174th out of 231 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Italy, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.14 % change on previous year | — |
| 1972 | 9.58 % change on previous year | +4.8% |
| 1973 | 20.48 % change on previous year | +113.8% |
| 1974 | 26.11 % change on previous year | +27.5% |
| 1975 | 14.71 % change on previous year | -43.7% |
| 1976 | 25.73 % change on previous year | +74.9% |
| 1977 | 21.65 % change on previous year | -15.9% |
| 1978 | 17.67 % change on previous year | -18.4% |
| 1979 | 22.65 % change on previous year | +28.2% |
| 1980 | 25.04 % change on previous year | +10.5% |
| 1981 | 18.89 % change on previous year | -24.6% |
| 1982 | 17.9 % change on previous year | -5.2% |
| 1983 | 16.6 % change on previous year | -7.3% |
| 1984 | 14.31 % change on previous year | -13.8% |
| 1985 | 12.09 % change on previous year | -15.6% |
| 1986 | 10.26 % change on previous year | -15.1% |
| 1987 | 9.62 % change on previous year | -6.2% |
| 1988 | 11.17 % change on previous year | +16.1% |
| 1989 | 9.55 % change on previous year | -14.5% |
| 1990 | 10.26 % change on previous year | +7.4% |
| 1991 | 9.01 % change on previous year | -12.1% |
| 1992 | 5.03 % change on previous year | -44.2% |
| 1993 | 3.22 % change on previous year | -36.1% |
| 1994 | 5.62 % change on previous year | +74.8% |
| 1995 | 8.33 % change on previous year | +48.1% |
| 1996 | 6.04 % change on previous year | -27.5% |
| 1997 | 5.06 % change on previous year | -16.3% |
| 1998 | 4.12 % change on previous year | -18.5% |
| 1999 | 3.55 % change on previous year | -13.9% |
| 2000 | 5.51 % change on previous year | +55.3% |
| 2001 | 5.21 % change on previous year | -5.4% |
| 2002 | 3.44 % change on previous year | -34.0% |
| 2003 | 3.2 % change on previous year | -7.0% |
| 2004 | 4.47 % change on previous year | +39.9% |
| 2005 | 3.19 % change on previous year | -28.6% |
| 2006 | 4.3 % change on previous year | +34.7% |
| 2007 | 3.64 % change on previous year | -15.5% |
| 2008 | 0.3444 % change on previous year | -90.5% |
| 2009 | -2.8 % change on previous year | -912.4% |
| 2010 | 1.99 % change on previous year | -171.0% |
| 2011 | 2.4 % change on previous year | +20.7% |
| 2012 | -1.35 % change on previous year | -156.2% |
| 2013 | -0.7579 % change on previous year | -43.8% |
| 2014 | 1.08 % change on previous year | -241.9% |
| 2015 | 0.972 % change on previous year | -9.6% |
| 2016 | 3.49 % change on previous year | +259.4% |
| 2017 | 2.6 % change on previous year | -25.6% |
| 2018 | 2.45 % change on previous year | -5.7% |
| 2019 | 1.2 % change on previous year | -51.0% |
| 2020 | -6.99 % change on previous year | -682.9% |
| 2021 | 10.15 % change on previous year | -245.1% |
| 2022 | 8.19 % change on previous year | -19.3% |
| 2023 | 5.03 % change on previous year | -38.6% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2009 | -912.4% | 0.3444 % change on previous year | -2.8 % change on previous year |
| 2020 | -682.9% | 1.2 % change on previous year | -6.99 % change on previous year |
| 2016 | +259.4% | 0.972 % change on previous year | 3.49 % change on previous year |
| 2021 | +245.1% | -6.99 % change on previous year | 10.15 % change on previous year |
| 2014 | +241.9% | -0.7579 % change on previous year | 1.08 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.64 % change on previous year | 9.14 % change on previous year | 26.11 % change on previous year | 9 |
| 1980s | 14.54 % change on previous year | 9.55 % change on previous year | 25.04 % change on previous year | 10 |
| 1990s | 6.02 % change on previous year | 3.22 % change on previous year | 10.26 % change on previous year | 10 |
| 2000s | 3.05 % change on previous year | -2.8 % change on previous year | 5.51 % change on previous year | 10 |
| 2010s | 1.41 % change on previous year | -1.35 % change on previous year | 3.49 % change on previous year | 10 |
| 2020s | 4.09 % change on previous year | -6.99 % change on previous year | 10.15 % change on previous year | 4 |
Countries ranked near Italy
- 171 United States 5.12 % change on previous year compare
- 172 Burkina Faso 5.09 % change on previous year compare
- 173 Australia 5.07 % change on previous year compare
- 175 Yemen Dem 5.01 % change on previous year compare
- 176 Botswana 4.91 % change on previous year compare
- 177 Central African Republic 4.89 % 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 national income — value standard local currency, annual growth in Italy?
- Gross national income — value standard local currency, annual growth in Italy was 5.03 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Italy?
- The highest recorded value was 26.11 % change on previous year in 1974.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Italy?
- The lowest recorded value was -6.99 % change on previous year in 2020.
- How does Italy rank for gross national income — value standard local currency, annual growth?
- Italy ranks 174th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Italy?
- Over the last ten years it is up 763.5%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.