Gross domestic product (GDP) in Italy
Italy: Gross domestic product (GDP) was 1.30 trillion current GBP in 2014. ◆ Volatile
Latest (2014)
1.30 trillion current GBP
Change on year
down 4.6%
World rank
8th
of 200 countries
All-time high
1.42 trillion current GBP
in 2011
All-time low
292.65 million current GBP
in 1863
Years of data
151
1861–2014
Gross domestic product (GDP) in Italy, 1861–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
The most recent figure for gross domestic product (gdp) in Italy is 1.30 trillion current GBP, measured in 2014.
That represents a change of down 4.6% on the previous year and up 32.3% over ten years.
Over the whole period, gross domestic product (gdp) in Italy peaked at 1.42 trillion current GBP in 2011 and was at its lowest, 292.65 million current GBP, in 1863.
Italy ranks 8th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Italy, year by year
| Year | current GBP | Change |
|---|---|---|
| 1861 | 298.84 million current GBP | — |
| 1862 | 316.87 million current GBP | +6.0% |
| 1863 | 292.65 million current GBP | -7.6% |
| 1864 | 298.30 million current GBP | +1.9% |
| 1865 | 312.48 million current GBP | +4.8% |
| 1866 | 325.90 million current GBP | +4.3% |
| 1867 | 309.88 million current GBP | -4.9% |
| 1868 | 331.64 million current GBP | +7.0% |
| 1869 | 337.86 million current GBP | +1.9% |
| 1870 | 336.33 million current GBP | -0.5% |
| 1871 | 343.63 million current GBP | +2.2% |
| 1872 | 373.98 million current GBP | +8.8% |
| 1873 | 402.62 million current GBP | +7.7% |
| 1874 | 393.69 million current GBP | -2.2% |
| 1875 | 362.00 million current GBP | -8.0% |
| 1876 | 361.30 million current GBP | -0.2% |
| 1877 | 403.87 million current GBP | +11.8% |
| 1878 | 380.75 million current GBP | -5.7% |
| 1879 | 368.16 million current GBP | -3.3% |
| 1880 | 397.49 million current GBP | +8.0% |
| 1881 | 388.55 million current GBP | -2.2% |
| 1882 | 416.05 million current GBP | +7.1% |
| 1883 | 398.82 million current GBP | -4.1% |
| 1884 | 396.12 million current GBP | -0.7% |
| 1885 | 429.52 million current GBP | +8.4% |
| 1886 | 438.03 million current GBP | +2.0% |
| 1887 | 402.27 million current GBP | -8.2% |
| 1888 | 397.89 million current GBP | -1.1% |
| 1889 | 406.88 million current GBP | +2.3% |
| 1890 | 444.13 million current GBP | +9.2% |
| 1891 | 461.76 million current GBP | +4.0% |
| 1892 | 411.26 million current GBP | -10.9% |
| 1893 | 401.50 million current GBP | -2.4% |
| 1894 | 374.39 million current GBP | -6.8% |
| 1895 | 409.20 million current GBP | +9.3% |
| 1896 | 399.52 million current GBP | -2.4% |
| 1897 | 403.49 million current GBP | +1.0% |
| 1898 | 443.46 million current GBP | +9.9% |
| 1899 | 436.52 million current GBP | -1.6% |
| 1900 | 478.14 million current GBP | +9.5% |
| 1901 | 501.96 million current GBP | +5.0% |
| 1902 | 495.74 million current GBP | -1.2% |
| 1903 | 549.22 million current GBP | +10.8% |
| 1904 | 540.96 million current GBP | -1.5% |
| 1905 | 570.14 million current GBP | +5.4% |
| 1906 | 604.14 million current GBP | +6.0% |
| 1907 | 676.78 million current GBP | +12.0% |
| 1908 | 652.71 million current GBP | -3.6% |
| 1909 | 704.88 million current GBP | +8.0% |
| 1910 | 692.42 million current GBP | -1.8% |
| 1911 | 766.13 million current GBP | +10.6% |
| 1912 | 797.43 million current GBP | +4.1% |
| 1913 | 835.02 million current GBP | +4.7% |
| 1914 | 804.17 million current GBP | -3.7% |
| 1915 | 813.00 million current GBP | +1.1% |
| 1916 | 1.02 billion current GBP | +26.1% |
| 1917 | 1.19 billion current GBP | +16.2% |
| 1918 | 1.42 billion current GBP | +18.8% |
| 1919 | 1.64 billion current GBP | +16.0% |
| 1920 | 1.29 billion current GBP | -21.7% |
| 1921 | 1.07 billion current GBP | -16.5% |
| 1922 | 1.14 billion current GBP | +6.1% |
| 1923 | 1.16 billion current GBP | +1.6% |
| 1924 | 1.18 billion current GBP | +2.4% |
| 1925 | 1.24 billion current GBP | +4.4% |
| 1926 | 1.28 billion current GBP | +3.6% |
| 1927 | 1.47 billion current GBP | +15.1% |
| 1928 | 1.51 billion current GBP | +2.6% |
| 1929 | 1.50 billion current GBP | -1.0% |
| 1930 | 1.35 billion current GBP | -10.1% |
| 1931 | 1.27 billion current GBP | -5.4% |
| 1932 | 1.56 billion current GBP | +22.7% |
| 1933 | 1.57 billion current GBP | +0.3% |
| 1934 | 1.70 billion current GBP | +8.1% |
| 1935 | 1.88 billion current GBP | +11.1% |
| 1936 | 1.75 billion current GBP | -7.3% |
| 1937 | 1.50 billion current GBP | -14.1% |
| 1938 | 1.65 billion current GBP | +9.7% |
| 1939 | 1.98 billion current GBP | +20.3% |
| 1940 | 2.57 billion current GBP | +29.6% |
| 1941 | 2.87 billion current GBP | +11.7% |
| 1942 | 3.70 billion current GBP | +28.9% |
| 1946 | 3.28 billion current GBP | -11.4% |
| 1947 | 5.52 billion current GBP | +68.5% |
| 1948 | 3.24 billion current GBP | -41.3% |
| 1949 | 4.01 billion current GBP | +23.7% |
| 1950 | 5.35 billion current GBP | +33.4% |
| 1951 | 6.14 billion current GBP | +14.9% |
| 1952 | 6.62 billion current GBP | +7.8% |
| 1953 | 7.33 billion current GBP | +10.7% |
| 1954 | 7.80 billion current GBP | +6.5% |
| 1955 | 8.60 billion current GBP | +10.2% |
| 1956 | 9.37 billion current GBP | +8.9% |
| 1957 | 10.07 billion current GBP | +7.5% |
| 1958 | 10.82 billion current GBP | +7.4% |
| 1959 | 11.57 billion current GBP | +6.9% |
| 1960 | 14.42 billion current GBP | +24.7% |
| 1961 | 16.02 billion current GBP | +11.0% |
| 1962 | 17.99 billion current GBP | +12.4% |
| 1963 | 20.61 billion current GBP | +14.5% |
| 1964 | 22.56 billion current GBP | +9.5% |
| 1965 | 24.28 billion current GBP | +7.6% |
| 1966 | 26.31 billion current GBP | +8.4% |
| 1967 | 29.38 billion current GBP | +11.7% |
| 1968 | 36.64 billion current GBP | +24.7% |
| 1969 | 40.45 billion current GBP | +10.4% |
| 1970 | 47.09 billion current GBP | +16.4% |
| 1971 | 51.06 billion current GBP | +8.4% |
| 1972 | 57.97 billion current GBP | +13.5% |
| 1973 | 71.39 billion current GBP | +23.2% |
| 1974 | 85.08 billion current GBP | +19.2% |
| 1975 | 102.59 billion current GBP | +20.6% |
| 1976 | 124.64 billion current GBP | +21.5% |
| 1977 | 147.19 billion current GBP | +18.1% |
| 1978 | 163.76 billion current GBP | +11.3% |
| 1979 | 185.27 billion current GBP | +13.1% |
| 1980 | 204.68 billion current GBP | +10.5% |
| 1981 | 213.63 billion current GBP | +4.4% |
| 1982 | 243.78 billion current GBP | +14.1% |
| 1983 | 291.32 billion current GBP | +19.5% |
| 1984 | 328.12 billion current GBP | +12.6% |
| 1985 | 351.23 billion current GBP | +7.0% |
| 1986 | 435.43 billion current GBP | +24.0% |
| 1987 | 491.41 billion current GBP | +12.9% |
| 1988 | 499.58 billion current GBP | +1.7% |
| 1989 | 565.70 billion current GBP | +13.2% |
| 1990 | 663.04 billion current GBP | +17.2% |
| 1991 | 704.29 billion current GBP | +6.2% |
| 1992 | 749.71 billion current GBP | +6.4% |
| 1993 | 707.73 billion current GBP | -5.6% |
| 1994 | 715.89 billion current GBP | +1.2% |
| 1995 | 741.89 billion current GBP | +3.6% |
| 1996 | 838.97 billion current GBP | +13.1% |
| 1997 | 756.86 billion current GBP | -9.8% |
| 1998 | 764.63 billion current GBP | +1.0% |
| 1999 | 771.68 billion current GBP | +0.9% |
| 2000 | 754.62 billion current GBP | -2.2% |
| 2001 | 807.41 billion current GBP | +7.0% |
| 2002 | 845.04 billion current GBP | +4.7% |
| 2003 | 961.37 billion current GBP | +13.8% |
| 2004 | 982.20 billion current GBP | +2.2% |
| 2005 | 1.02 trillion current GBP | +3.7% |
| 2006 | 1.06 trillion current GBP | +3.6% |
| 2007 | 1.10 trillion current GBP | +4.3% |
| 2008 | 1.30 trillion current GBP | +18.1% |
| 2009 | 1.40 trillion current GBP | +7.9% |
| 2010 | 1.38 trillion current GBP | -1.9% |
| 2011 | 1.42 trillion current GBP | +3.3% |
| 2012 | 1.31 trillion current GBP | -7.6% |
| 2013 | 1.36 trillion current GBP | +3.8% |
| 2014 | 1.30 trillion current GBP | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1860s | 313.82 million current GBP | 292.65 million current GBP | 337.86 million current GBP | 9 |
| 1870s | 372.63 million current GBP | 336.33 million current GBP | 403.87 million current GBP | 10 |
| 1880s | 407.16 million current GBP | 388.55 million current GBP | 438.03 million current GBP | 10 |
| 1890s | 418.52 million current GBP | 374.39 million current GBP | 461.76 million current GBP | 10 |
| 1900s | 577.47 million current GBP | 478.14 million current GBP | 704.88 million current GBP | 10 |
| 1910s | 998.00 million current GBP | 692.42 million current GBP | 1.64 billion current GBP | 10 |
| 1920s | 1.28 billion current GBP | 1.07 billion current GBP | 1.51 billion current GBP | 10 |
| 1930s | 1.62 billion current GBP | 1.27 billion current GBP | 1.98 billion current GBP | 10 |
| 1940s | 3.60 billion current GBP | 2.57 billion current GBP | 5.52 billion current GBP | 7 |
| 1950s | 8.37 billion current GBP | 5.35 billion current GBP | 11.57 billion current GBP | 10 |
| 1960s | 24.87 billion current GBP | 14.42 billion current GBP | 40.45 billion current GBP | 10 |
| 1970s | 103.61 billion current GBP | 47.09 billion current GBP | 185.27 billion current GBP | 10 |
| 1980s | 362.49 billion current GBP | 204.68 billion current GBP | 565.70 billion current GBP | 10 |
| 1990s | 741.47 billion current GBP | 663.04 billion current GBP | 838.97 billion current GBP | 10 |
| 2000s | 1.02 trillion current GBP | 754.62 billion current GBP | 1.40 trillion current GBP | 10 |
| 2010s | 1.35 trillion current GBP | 1.30 trillion current GBP | 1.42 trillion current GBP | 5 |
Countries ranked near Italy
- 5 United Kingdom of Great Britain and Northern Ireland 1.82 trillion current GBP compare
- 6 France 1.72 trillion current GBP compare
- 7 Brazil 1.47 trillion current GBP compare
- 9 India 1.24 trillion current GBP compare
- 10 Russian Federation 1.23 trillion current GBP compare
- 11 Canada 1.08 trillion current GBP 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)
- Services, value added (constant LCU), per capita 21,690 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.83 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8922 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 38,640 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.33 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7896 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,195 current LCU per person (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Italy?
- Gross domestic product (gdp) in Italy was 1.30 trillion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Italy?
- The highest recorded value was 1.42 trillion current GBP in 2011.
- What is the lowest gross domestic product (gdp) recorded in Italy?
- The lowest recorded value was 292.65 million current GBP in 1863.
- How does Italy rank for gross domestic product (gdp)?
- Italy ranks 8th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Italy?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.