Price level ratio of PPP conversion factor (GDP) to market exchange in Italy

Italy: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.6611 in 2024. ▼ Falling

Latest (2024)
0.6611
Change on year
down 2.0%
World rank
45th
of 202 countries
All-time high
1.15
in 1992
All-time low
0.6339
in 2022
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Italy, 1990–2024

00.250.50.7511.21990200720241990: 1.11991: 1.11992: 1.21993: 0.9171994: 0.9081995: 0.9231996: 11997: 0.9141998: 0.8921999: 0.8592000: 0.7442001: 0.7312002: 0.7792003: 0.9432004: 1.12005: 1.12006: 12007: 1.12008: 1.22009: 1.12010: 12011: 1.12012: 0.9612013: 0.9792014: 0.9832015: 0.8192016: 0.7752017: 0.7792018: 0.8042019: 0.7252020: 0.7222021: 0.742022: 0.6342023: 0.6752024: 0.661

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Italy stood at 0.6611.

The figure is down 2.0% on the previous year and down 32.7% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Italy peaked at 1.15 in 1992 and was at its lowest, 0.6339, in 2022.

Italy ranks 45th of 202 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Italy, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Italy, 1990 to 2024.
Year Value Change
1990 1.12
1991 1.12 +0.5%
1992 1.15 +2.7%
1993 0.9174 -20.5%
1994 0.9076 -1.1%
1995 0.9234 +1.7%
1996 1 +8.4%
1997 0.9145 -8.7%
1998 0.892 -2.5%
1999 0.8595 -3.6%
2000 0.7438 -13.5%
2001 0.7311 -1.7%
2002 0.7787 +6.5%
2003 0.9427 +21.1%
2004 1.06 +12.4%
2005 1.06 +0.4%
2006 1.03 -2.9%
2007 1.11 +7.3%
2008 1.15 +3.9%
2009 1.08 -6.7%
2010 1.03 -4.7%
2011 1.06 +3.0%
2012 0.9607 -9.0%
2013 0.9792 +1.9%
2014 0.9826 +0.3%
2015 0.8194 -16.6%
2016 0.7754 -5.4%
2017 0.7794 +0.5%
2018 0.8045 +3.2%
2019 0.7246 -9.9%
2020 0.7222 -0.3%
2021 0.7396 +2.4%
2022 0.6339 -14.3%
2023 0.6748 +6.5%
2024 0.6611 -2.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9812 0.8595 1.15 10
2000s 0.969 0.7311 1.15 10
2010s 0.8907 0.7246 1.06 10
2020s 0.6863 0.6339 0.7396 5

Countries ranked near Italy

  1. 42 Zimbabwe 0.6774 compare
  2. 43 Haiti 0.6731 compare
  3. 44 South Sudan 0.6664 compare
  4. 46 Andorra 0.6579 compare
  5. 47 Uruguay 0.6564 compare
  6. 48 Saint Kitts and Nevis 0.6406 compare

See the full ranking of 202 places →

More population data for Italy

All data for Italy →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Italy?
Price level ratio of ppp conversion factor (gdp) to market exchange in Italy was 0.6611 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Italy?
The highest recorded value was 1.15 in 1992.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Italy?
The lowest recorded value was 0.6339 in 2022.
How does Italy rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Italy ranks 45th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Italy?
Over the last ten years it is down 32.7%. The long-run trend across the full record is falling.
Where does this Italy data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Italy. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/italy/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release