What is the difference in gdp between Australia and Italy?

480.48 billion current LCU, with Australia ahead.

How many years of comparable data are there for Australia and Italy?

55 years are reported by both, from 1970 to 2024.

Where does this data come from?

UNESCO Institute for Statistics, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Australia vs Italy: GDP

Australia

2.67 trillion current LCU

in 2024

Italy

2.19 trillion current LCU

in 2024

Australia rank

84th

Italy rank

86th

GDP over time

Australia
Italy

How they compare

Australia currently reports 2.67 trillion current LCU against 2.19 trillion current LCU in Italy, a difference of 480.48 billion current LCU.

That makes Australia's figure about 1.2 times Italy's.

The two have swapped places 2 times across 55 shared years of data; in 1970 it was Australia ahead.

Australia ranks 84th and Italy ranks 86th of 208 countries.

Across the 6 decades both report, Australia averaged higher in 1 and Italy in 5.

Head to head by decade

Decade	Australia	Italy	Difference	Ahead
1970s	70.66 billion current LCU	83.99 billion current LCU	13.33 billion current LCU	Italy
1980s	234.15 billion current LCU	425.27 billion current LCU	191.12 billion current LCU	Italy
1990s	494.67 billion current LCU	961.23 billion current LCU	466.56 billion current LCU	Italy
2000s	924.88 billion current LCU	1.47 trillion current LCU	542.53 billion current LCU	Italy
2010s	1.62 trillion current LCU	1.69 trillion current LCU	67.04 billion current LCU	Italy
2020s	2.33 trillion current LCU	1.97 trillion current LCU	360.76 billion current LCU	Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Australia or Italy?: Australia, at 2.67 trillion current LCU against 2.19 trillion current LCU in Italy as of 2024.
What is the difference in gdp between Australia and Italy?: 480.48 billion current LCU, with Australia ahead.
How many years of comparable data are there for Australia and Italy?: 55 years are reported by both, from 1970 to 2024.
How do Australia and Italy rank globally for gdp?: Australia ranks 84th and Italy ranks 86th of 208 countries.
Where does this data come from?: UNESCO Institute for Statistics, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Italy: GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/compare/gdp-current-lcu-2/australia/italy/

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About this data

Indicator: GDP (current LCU)
Unit: current LCU
Source: UNESCO Institute for Statistics
Licence: CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage: 211 places, 10,385 data points, 1970–2024
Last refreshed: 16 August 2026

February 2026 Data Release