GDP (constant LCU) (UNESCO Institute) in Italy

Italy: GDP (constant LCU) (UNESCO Institute) was 1.93 trillion constant LCU in 2024. ▲ Rising

Latest (2024)
1.93 trillion constant LCU
Change on year
up 0.7%
World rank
78th
of 212 countries
All-time high
1.93 trillion constant LCU
in 2024
All-time low
811.43 billion constant LCU
in 1970
Years of data
55
1970–2024

GDP in Italy, 1970–2024

0500.0B1.0T1.5T2.0T197019972024

Source: UNESCO Institute for Statistics. Measured in constant LCU.

Analysis

Italy recorded 1.93 trillion constant LCU for gdp in 2024. That is the highest value across all 55 years on record.

That represents a change of up 0.7% on the previous year and up 10.9% over ten years.

Over the whole period, gdp in Italy peaked at 1.93 trillion constant LCU in 2024 and was at its lowest, 811.43 billion constant LCU, in 1970.

Italy ranks 78th of 212 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

GDP (constant LCU) (UNESCO Institute) in Italy, year by year

Annual values for GDP (constant LCU) in Italy, 1970 to 2024.
Year constant LCU Change
1970 811.43 billion constant LCU —
1971 826.18 billion constant LCU +1.8%
1972 856.67 billion constant LCU +3.7%
1973 917.72 billion constant LCU +7.1%
1974 968.19 billion constant LCU +5.5%
1975 947.96 billion constant LCU -2.1%
1976 1.02 trillion constant LCU +7.1%
1977 1.04 trillion constant LCU +2.6%
1978 1.08 trillion constant LCU +3.2%
1979 1.14 trillion constant LCU +6.0%
1980 1.18 trillion constant LCU +3.4%
1981 1.19 trillion constant LCU +0.8%
1982 1.19 trillion constant LCU +0.4%
1983 1.21 trillion constant LCU +1.2%
1984 1.25 trillion constant LCU +3.2%
1985 1.28 trillion constant LCU +2.8%
1986 1.32 trillion constant LCU +2.9%
1987 1.36 trillion constant LCU +3.2%
1988 1.42 trillion constant LCU +4.2%
1989 1.46 trillion constant LCU +3.4%
1990 1.49 trillion constant LCU +2.0%
1991 1.52 trillion constant LCU +1.5%
1992 1.53 trillion constant LCU +0.8%
1993 1.52 trillion constant LCU -0.9%
1994 1.55 trillion constant LCU +2.2%
1995 1.59 trillion constant LCU +2.9%
1996 1.62 trillion constant LCU +1.3%
1997 1.65 trillion constant LCU +1.9%
1998 1.68 trillion constant LCU +1.8%
1999 1.70 trillion constant LCU +1.7%
2000 1.77 trillion constant LCU +3.9%
2001 1.81 trillion constant LCU +2.0%
2002 1.81 trillion constant LCU +0.3%
2003 1.81 trillion constant LCU +0.1%
2004 1.84 trillion constant LCU +1.5%
2005 1.85 trillion constant LCU +0.8%
2006 1.89 trillion constant LCU +1.8%
2007 1.91 trillion constant LCU +1.5%
2008 1.89 trillion constant LCU -1.0%
2009 1.79 trillion constant LCU -5.3%
2010 1.82 trillion constant LCU +1.5%
2011 1.83 trillion constant LCU +0.7%
2012 1.78 trillion constant LCU -3.1%
2013 1.74 trillion constant LCU -1.8%
2014 1.74 trillion constant LCU -0.0%
2015 1.76 trillion constant LCU +0.9%
2016 1.78 trillion constant LCU +1.2%
2017 1.81 trillion constant LCU +1.6%
2018 1.82 trillion constant LCU +0.8%
2019 1.83 trillion constant LCU +0.4%
2020 1.67 trillion constant LCU -8.9%
2021 1.82 trillion constant LCU +8.9%
2022 1.91 trillion constant LCU +4.8%
2023 1.92 trillion constant LCU +0.7%
2024 1.93 trillion constant LCU +0.7%

Italy compared with similar countries

  • Italy's 1.93 trillion constant LCU is above the median for high income countries, which is 153.41 billion constant LCU, 12.6× the median. (83 countries reporting)
  • Italy's 1.93 trillion constant LCU is above the median for Europe & Central Asia, which is 410.71 billion constant LCU, 4.7× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 959.97 billion constant LCU 811.43 billion constant LCU 1.14 trillion constant LCU 10
1980s 1.29 trillion constant LCU 1.18 trillion constant LCU 1.46 trillion constant LCU 10
1990s 1.58 trillion constant LCU 1.49 trillion constant LCU 1.70 trillion constant LCU 10
2000s 1.84 trillion constant LCU 1.77 trillion constant LCU 1.91 trillion constant LCU 10
2010s 1.79 trillion constant LCU 1.74 trillion constant LCU 1.83 trillion constant LCU 10
2020s 1.85 trillion constant LCU 1.67 trillion constant LCU 1.93 trillion constant LCU 5

Countries ranked near Italy

  1. 75 Albania 2.04 trillion constant LCU compare
  2. 76 Ukraine 2.01 trillion constant LCU compare
  3. 77 Burundi 1.99 trillion constant LCU compare
  4. 79 Uruguay 1.90 trillion constant LCU compare
  5. 80 United Arab Emirates 1.74 trillion constant LCU compare
  6. 81 Israel 1.69 trillion constant LCU compare

See the full ranking of 212 places →

More population data for Italy

All data for Italy →

Frequently asked questions

What is gdp in Italy?
Gdp in Italy was 1.93 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Italy?
The highest recorded value was 1.93 trillion constant LCU in 2024.
What is the lowest gdp recorded in Italy?
The lowest recorded value was 811.43 billion constant LCU in 1970.
How does Italy rank for gdp?
Italy ranks 78th out of 212 countries with data for 2024.
Is gdp rising or falling in Italy?
Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
Where does this Italy data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in Italy. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/italy/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release