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 10.912 US Dollar per capita. In contrast, the GDP in Italy reached 31.770 US dollars per inhabitant, or 1,888.71 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 33.

Inflation in Italy was in 2021 at around 1.87%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 12.7% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


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