Italy - GDP

GDP (current US$)

The latest value for GDP (current US$) in Italy was $1,888,710,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $2,408,660,000,000 in 2008 and $40,385,290,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $40,385,290,000
1961 $44,842,760,000
1962 $50,383,890,000
1963 $57,710,740,000
1964 $63,175,420,000
1965 $67,978,150,000
1966 $73,654,870,000
1967 $81,133,120,000
1968 $87,942,230,000
1969 $97,085,080,000
1970 $113,395,000,000
1971 $124,672,000,000
1972 $145,260,000,000
1973 $175,492,000,000
1974 $199,564,000,000
1975 $227,696,000,000
1976 $224,717,000,000
1977 $257,596,000,000
1978 $315,058,000,000
1979 $393,677,000,000
1980 $477,257,000,000
1981 $430,703,000,000
1982 $427,273,000,000
1983 $443,042,000,000
1984 $437,888,000,000
1985 $452,217,000,000
1986 $640,386,000,000
1987 $805,713,000,000
1988 $891,609,000,000
1989 $928,661,000,000
1990 $1,181,220,000,000
1991 $1,246,220,000,000
1992 $1,320,160,000,000
1993 $1,064,960,000,000
1994 $1,099,220,000,000
1995 $1,174,660,000,000
1996 $1,312,430,000,000
1997 $1,241,880,000,000
1998 $1,270,050,000,000
1999 $1,252,450,000,000
2000 $1,146,680,000,000
2001 $1,168,020,000,000
2002 $1,276,770,000,000
2003 $1,577,620,000,000
2004 $1,806,540,000,000
2005 $1,858,220,000,000
2006 $1,949,550,000,000
2007 $2,213,100,000,000
2008 $2,408,660,000,000
2009 $2,199,930,000,000
2010 $2,136,100,000,000
2011 $2,294,990,000,000
2012 $2,086,960,000,000
2013 $2,141,920,000,000
2014 $2,162,010,000,000
2015 $1,836,640,000,000
2016 $1,877,070,000,000
2017 $1,961,800,000,000
2018 $2,091,930,000,000
2019 $2,009,380,000,000
2020 $1,888,710,000,000

GDP (current LCU)

The value for GDP (current LCU) in Italy was 1,653,580,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,794,930,000,000 in 2019 and a minimum value of 13,014,650,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 13,014,650,000
1961 14,474,600,000
1962 16,263,190,000
1963 18,628,190,000
1964 20,392,110,000
1965 21,942,370,000
1966 23,774,730,000
1967 26,188,600,000
1968 28,386,480,000
1969 31,337,660,000
1970 36,604,010,000
1971 39,945,030,000
1972 43,752,330,000
1973 52,840,660,000
1974 67,033,710,000
1975 76,779,040,000
1976 96,605,950,000
1977 117,387,000,000
1978 138,090,000,000
1979 168,927,000,000
1980 211,091,000,000
1981 252,866,000,000
1982 298,450,000,000
1983 347,522,000,000
1984 397,339,000,000
1985 445,932,000,000
1986 493,033,000,000
1987 539,344,000,000
1988 599,340,000,000
1989 658,049,000,000
1990 730,941,000,000
1991 798,453,000,000
1992 840,283,000,000
1993 865,491,000,000
1994 915,428,000,000
1995 988,243,000,000
1996 1,045,870,000,000
1997 1,092,360,000,000
1998 1,138,860,000,000
1999 1,175,150,000,000
2000 1,241,510,000,000
2001 1,304,140,000,000
2002 1,350,260,000,000
2003 1,394,690,000,000
2004 1,452,320,000,000
2005 1,493,640,000,000
2006 1,552,690,000,000
2007 1,614,840,000,000
2008 1,637,700,000,000
2009 1,577,260,000,000
2010 1,611,280,000,000
2011 1,648,760,000,000
2012 1,624,360,000,000
2013 1,612,750,000,000
2014 1,627,410,000,000
2015 1,655,360,000,000
2016 1,695,790,000,000
2017 1,736,590,000,000
2018 1,771,390,000,000
2019 1,794,930,000,000
2020 1,653,580,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Italy was 1,653,580,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,794,930,000,000 in 2019 and 730,941,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 730,941,000,000
1991 798,453,000,000
1992 840,283,000,000
1993 865,491,000,000
1994 915,428,000,000
1995 988,243,000,000
1996 1,045,870,000,000
1997 1,092,360,000,000
1998 1,138,860,000,000
1999 1,175,150,000,000
2000 1,241,510,000,000
2001 1,304,140,000,000
2002 1,350,260,000,000
2003 1,394,690,000,000
2004 1,452,320,000,000
2005 1,493,640,000,000
2006 1,552,690,000,000
2007 1,614,840,000,000
2008 1,637,700,000,000
2009 1,577,260,000,000
2010 1,611,280,000,000
2011 1,648,760,000,000
2012 1,624,360,000,000
2013 1,612,750,000,000
2014 1,627,410,000,000
2015 1,655,360,000,000
2016 1,695,790,000,000
2017 1,736,590,000,000
2018 1,771,390,000,000
2019 1,794,930,000,000
2020 1,653,580,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Italy was 1,745,430,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 1,991,640,000,000 in 2007 and 486,317,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 486,317,000,000
1961 526,230,000,000
1962 558,876,000,000
1963 590,227,000,000
1964 606,740,000,000
1965 626,568,000,000
1966 664,067,000,000
1967 711,738,000,000
1968 758,318,000,000
1969 804,561,000,000
1970 846,951,000,000
1971 862,349,000,000
1972 894,174,000,000
1973 957,891,000,000
1974 1,010,580,000,000
1975 989,454,000,000
1976 1,059,960,000,000
1977 1,087,100,000,000
1978 1,122,320,000,000
1979 1,189,200,000,000
1980 1,229,990,000,000
1981 1,240,370,000,000
1982 1,245,500,000,000
1983 1,260,070,000,000
1984 1,300,720,000,000
1985 1,337,110,000,000
1986 1,375,350,000,000
1987 1,419,250,000,000
1988 1,478,780,000,000
1989 1,528,890,000,000
1990 1,559,250,000,000
1991 1,583,240,000,000
1992 1,596,440,000,000
1993 1,582,830,000,000
1994 1,616,880,000,000
1995 1,663,550,000,000
1996 1,684,630,000,000
1997 1,715,460,000,000
1998 1,746,520,000,000
1999 1,774,910,000,000
2000 1,842,130,000,000
2001 1,878,080,000,000
2002 1,882,840,000,000
2003 1,885,450,000,000
2004 1,912,300,000,000
2005 1,927,940,000,000
2006 1,962,460,000,000
2007 1,991,640,000,000
2008 1,972,480,000,000
2009 1,868,320,000,000
2010 1,900,330,000,000
2011 1,913,770,000,000
2012 1,856,720,000,000
2013 1,822,540,000,000
2014 1,822,450,000,000
2015 1,836,640,000,000
2016 1,860,390,000,000
2017 1,891,420,000,000
2018 1,908,930,000,000
2019 1,916,770,000,000
2020 1,745,430,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in Italy was 1,573,150,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,795,060,000,000 in 2007 and a minimum value of 438,316,000,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 438,316,000,000
1961 474,289,000,000
1962 503,713,000,000
1963 531,970,000,000
1964 546,852,000,000
1965 564,724,000,000
1966 598,521,000,000
1967 641,487,000,000
1968 683,469,000,000
1969 725,148,000,000
1970 763,353,000,000
1971 777,232,000,000
1972 805,916,000,000
1973 863,344,000,000
1974 910,829,000,000
1975 891,791,000,000
1976 955,335,000,000
1977 979,796,000,000
1978 1,011,540,000,000
1979 1,071,820,000,000
1980 1,108,590,000,000
1981 1,117,950,000,000
1982 1,122,570,000,000
1983 1,135,690,000,000
1984 1,172,330,000,000
1985 1,205,130,000,000
1986 1,239,600,000,000
1987 1,279,170,000,000
1988 1,332,820,000,000
1989 1,377,980,000,000
1990 1,405,340,000,000
1991 1,426,960,000,000
1992 1,438,870,000,000
1993 1,426,600,000,000
1994 1,457,290,000,000
1995 1,499,350,000,000
1996 1,518,350,000,000
1997 1,546,140,000,000
1998 1,574,130,000,000
1999 1,599,720,000,000
2000 1,660,300,000,000
2001 1,692,700,000,000
2002 1,697,000,000,000
2003 1,699,350,000,000
2004 1,723,550,000,000
2005 1,737,640,000,000
2006 1,768,760,000,000
2007 1,795,060,000,000
2008 1,777,790,000,000
2009 1,683,910,000,000
2010 1,712,760,000,000
2011 1,724,870,000,000
2012 1,673,450,000,000
2013 1,642,650,000,000
2014 1,642,570,000,000
2015 1,655,360,000,000
2016 1,676,770,000,000
2017 1,704,730,000,000
2018 1,720,520,000,000
2019 1,727,570,000,000
2020 1,573,150,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Italy was 2,491,060,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,648,040,000,000 in 2019 and 1,056,550,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,056,550,000,000
1991 1,109,080,000,000
1992 1,143,820,000,000
1993 1,160,940,000,000
1994 1,211,240,000,000
1995 1,272,340,000,000
1996 1,310,780,000,000
1997 1,358,310,000,000
1998 1,423,870,000,000
1999 1,457,190,000,000
2000 1,541,560,000,000
2001 1,597,200,000,000
2002 1,639,680,000,000
2003 1,673,370,000,000
2004 1,704,870,000,000
2005 1,746,660,000,000
2006 1,886,980,000,000
2007 1,995,150,000,000
2008 2,089,720,000,000
2009 2,044,870,000,000
2010 2,084,100,000,000
2011 2,173,170,000,000
2012 2,172,380,000,000
2013 2,187,380,000,000
2014 2,200,260,000,000
2015 2,240,920,000,000
2016 2,420,670,000,000
2017 2,517,180,000,000
2018 2,600,330,000,000
2019 2,648,040,000,000
2020 2,491,060,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Italy was 2,322,900,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,650,560,000,000 in 2007 and 2,075,110,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 2,075,110,000,000
1991 2,107,040,000,000
1992 2,124,610,000,000
1993 2,106,500,000,000
1994 2,151,810,000,000
1995 2,213,930,000,000
1996 2,241,970,000,000
1997 2,283,010,000,000
1998 2,324,340,000,000
1999 2,362,130,000,000
2000 2,451,580,000,000
2001 2,499,420,000,000
2002 2,505,770,000,000
2003 2,509,240,000,000
2004 2,544,960,000,000
2005 2,565,780,000,000
2006 2,611,720,000,000
2007 2,650,560,000,000
2008 2,625,060,000,000
2009 2,486,430,000,000
2010 2,529,030,000,000
2011 2,546,920,000,000
2012 2,471,000,000,000
2013 2,425,510,000,000
2014 2,425,400,000,000
2015 2,444,270,000,000
2016 2,475,890,000,000
2017 2,517,180,000,000
2018 2,540,490,000,000
2019 2,550,910,000,000
2020 2,322,900,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts