GDP (current LCU) (UNESCO Institute) in Italy

Italy: GDP (current LCU) (UNESCO Institute) was 2.19 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
2.19 trillion current LCU
Change on year
up 2.9%
World rank
87th
of 211 countries
All-time high
2.19 trillion current LCU
in 2024
All-time low
36.69 billion current 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 current LCU.

Analysis

In 2024, gdp in Italy stood at 2.19 trillion current LCU. That is the highest value across all 55 years on record.

The figure is up 2.9% on the previous year and up 34.0% over ten years.

Over the whole period, gdp in Italy peaked at 2.19 trillion current LCU in 2024 and was at its lowest, 36.69 billion current LCU, in 1970.

That places Italy 87th out of 211 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for GDP (current LCU) in Italy, 1970 to 2024.
Year current LCU Change
1970 36.69 billion current LCU —
1971 40.04 billion current LCU +9.1%
1972 43.85 billion current LCU +9.5%
1973 52.96 billion current LCU +20.8%
1974 67.19 billion current LCU +26.9%
1975 76.96 billion current LCU +14.5%
1976 96.83 billion current LCU +25.8%
1977 117.66 billion current LCU +21.5%
1978 138.41 billion current LCU +17.6%
1979 169.32 billion current LCU +22.3%
1980 211.58 billion current LCU +25.0%
1981 253.45 billion current LCU +19.8%
1982 299.14 billion current LCU +18.0%
1983 348.32 billion current LCU +16.4%
1984 398.25 billion current LCU +14.3%
1985 446.96 billion current LCU +12.2%
1986 494.17 billion current LCU +10.6%
1987 540.59 billion current LCU +9.4%
1988 600.72 billion current LCU +11.1%
1989 659.57 billion current LCU +9.8%
1990 732.62 billion current LCU +11.1%
1991 800.29 billion current LCU +9.2%
1992 842.22 billion current LCU +5.2%
1993 867.49 billion current LCU +3.0%
1994 917.54 billion current LCU +5.8%
1995 990.52 billion current LCU +8.0%
1996 1.05 trillion current LCU +5.8%
1997 1.10 trillion current LCU +4.5%
1998 1.14 trillion current LCU +4.2%
1999 1.18 trillion current LCU +3.2%
2000 1.24 trillion current LCU +5.7%
2001 1.31 trillion current LCU +5.1%
2002 1.36 trillion current LCU +3.6%
2003 1.40 trillion current LCU +3.2%
2004 1.46 trillion current LCU +4.1%
2005 1.50 trillion current LCU +2.9%
2006 1.56 trillion current LCU +4.1%
2007 1.62 trillion current LCU +4.0%
2008 1.64 trillion current LCU +1.4%
2009 1.58 trillion current LCU -3.6%
2010 1.62 trillion current LCU +2.1%
2011 1.66 trillion current LCU +2.4%
2012 1.63 trillion current LCU -1.5%
2013 1.62 trillion current LCU -0.7%
2014 1.64 trillion current LCU +0.9%
2015 1.66 trillion current LCU +1.7%
2016 1.70 trillion current LCU +2.5%
2017 1.74 trillion current LCU +2.3%
2018 1.78 trillion current LCU +1.9%
2019 1.80 trillion current LCU +1.5%
2020 1.67 trillion current LCU -7.4%
2021 1.84 trillion current LCU +10.3%
2022 2.00 trillion current LCU +8.4%
2023 2.13 trillion current LCU +6.7%
2024 2.19 trillion current LCU +2.9%

Italy compared with similar countries

  • Italy's 2.19 trillion current LCU is above the median for high income countries, which is 220.22 billion current LCU, 10.0× the median. (82 countries reporting)
  • Italy's 2.19 trillion current LCU is above the median for Europe & Central Asia, which is 481.94 billion current LCU, 4.5× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 83.99 billion current LCU 36.69 billion current LCU 169.32 billion current LCU 10
1980s 425.27 billion current LCU 211.58 billion current LCU 659.57 billion current LCU 10
1990s 961.23 billion current LCU 732.62 billion current LCU 1.18 trillion current LCU 10
2000s 1.47 trillion current LCU 1.24 trillion current LCU 1.64 trillion current LCU 10
2010s 1.69 trillion current LCU 1.62 trillion current LCU 1.80 trillion current LCU 10
2020s 1.97 trillion current LCU 1.67 trillion current LCU 2.19 trillion current LCU 5

Countries ranked near Italy

  1. 84 United Kingdom 2.85 trillion current LCU compare
  2. 85 Australia 2.67 trillion current LCU compare
  3. 86 Albania 2.53 trillion current LCU compare
  4. 88 Israel 2.00 trillion current LCU compare
  5. 89 United Arab Emirates 1.97 trillion current LCU compare
  6. 90 Malaysia 1.93 trillion current LCU compare

See the full ranking of 211 places →

More population data for Italy

All data for Italy →

Frequently asked questions

What is gdp in Italy?
Gdp in Italy was 2.19 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Italy?
The highest recorded value was 2.19 trillion current LCU in 2024.
What is the lowest gdp recorded in Italy?
The lowest recorded value was 36.69 billion current LCU in 1970.
How does Italy rank for gdp?
Italy ranks 87th out of 211 countries with data for 2024.
Is gdp rising or falling in Italy?
Over the last ten years it is up 34.0%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current 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-current-lcu-2/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

February 2026 Data Release