The Gross Domestic Product (GDP) in Italy was worth 1886.45 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Italy represents 1.67 percent of the world economy. source: World Bank
GDP in Italy averaged 999.48 USD Billion from 1960 until 2020, reaching an all time high of 2398.86 USD Billion in 2008 and a record low of 40.39 USD Billion in 1960. This page provides the latest reported value for - Italy GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy GDP - values, historical data and charts - was last updated on June of 2022.
GDP in Italy is expected to reach 2000.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy GDP is projected to trend around 2380.00 USD Billion in 2023 and 2500.00 USD Billion in 2024, according to our econometric models.