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 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Italy reached 31.676 US dollars per inhabitant, or 1,886.45 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 27.

Inflation in Italy was in 2020 at around -0.14%. For the the EU, the average of the same was year at 0.50%.

Compared to Germany, the prices for convenience goods are approximately 6.47% lower.
The Corruption Perceptions Index for the public sector counts 53 and is compared to other countries moderate.


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