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Indicators of economy in Italy

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Italy reached 33.228 US dollars per inhabitant, or 2,003.58 bn US Dollar in the whole country. Italy is one of the world's largest economies and is currently at rank 8. If this is calculated per inhabitant taking into account the purchasing power parity, then Italy is in the list of the world's richest countries in place 29.

Inflation in Italy was in 2019 at around 0.61%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 5.25% lower.
The Corruption Perceptions Index for the public sector counts 53 and is compared to other countries moderate.


Back to overview: Italy

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Italy
Total
Italy
per capita
EU
Total
EU
per capita
GDP2,003.58 bn USD33,228.24 USD15,626.45 tn USD30,381.17 USD
Gross national product2,081.97 bn USD34,528.40 USD16,026.52 tn USD31,158.99 USD


Italy ranked 20th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 26 of the 2000 largest listed companies in the world originate from Italy. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:

Rank 97: Enel (Rome)
Rank 125: Intesa Sanpaolo (Turin)
Rank 140: Generali Group (Trieste)
Rank 202: UniCredit (Milan)
Rank 315: Poste Italiane (Rome)
Rank 468: Eni (Rome)
Rank 520: Atlantia (Rome)
Rank 546: Telecom Italia (Rome)
Rank 683: Unipol Gruppo (Bologna)
Rank 861: Leonardo (Rome)

Development of the Gross domestic product in billion US Dollar 1979 - 2019


Household debt and deficits 2019


 Italy
Total
Italy
per capita
EU
Total
EU
per capita
Gross debt2,697.89 bn USD44,743.02 USD14,618.72 tn USD28,421.93 USD
Budget deficit32.07 bn USD531.92 USD148.52 bn USD288.76 USD


Im- and Exports 2019

 Italy
Total
Italy
per capita
EU
Total
EU
per capita
Imports571.18 bn USD9,472.71 USD8,073.39 bn USD15,696.41 USD
Exports632.62 bn USD10,491.65 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports



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