Italy

Country in Europe

In brief

GDP: $2.6T (2025). World rank 9 of 210; in Europe, 5 of 47. GDP growth per year: +0.5% (2025). World rank 186 of 209 (1 = best); in Europe, 41 of 46. Tax revenue, share of GDP: 25.6% (2024). World rank 12 of 142; in Europe, 7 of 41. From 2015 to 2025: GDP $1.8T → $2.6T, GDP per person $30,640 → $43,309, and GDP per person at purchasing power parity $37,384 → $62,803.

Size and growth

GDP: $2.6T 2025
GDP per person: $43,309 2025
GDP per person at purchasing power parity: $62,803 2025
GDP growth per year: +0.5% 2025

Income and prices

Income level (World Bank): High income
Gross national income per person: $42,080 2025
Inflation: +1.5% 2025
Price level, USA = 100: 69 2025

Structure and jobs

Agriculture, share of GDP: 2.1% 2025
Industry, share of GDP: 22.6% 2025
Services, share of GDP: 64.5% 2025
Unemployment: 6.4% 2025
Youth unemployment, ages 15–24: 20.6% 2025
Women in work or seeking work: 40.8% 2025

Trade and finance

Exports, share of GDP: 32.2% 2025
Imports, share of GDP: 30.3% 2025
Current account balance, share of GDP: +1.2% 2025
Foreign direct investment, share of GDP: 0% 2025
Remittances received, share of GDP: 0.5% 2025
Tax revenue, share of GDP: 25.6% 2024
Currency: Euro (EUR)

Poverty and inequality

Gini index (0 = full equality): 34.3 2023
Living on under $3 a day: 0.9% 2023