Browse a full set of economic indicators


Includes Italy real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Italy economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Italy best banks and safest banks are also available.

A Large, Sophisticated Economy

As the eighth-largest global economy, Italy excels in the business and financial services sectors, in agricultural and industrial production, and in scientific and information technology research, as well as tourism and high-end fashion and design. A founding member of the European Union, and strategically positioned near markets in North Africa and the Middle East, it is a major recipient of foreign investment. While small and medium-sized enterprises, which make up 99.9% of the total, are the main drivers of Italy’s prosperity, the informal sector still plays a significant role, and regulatory and fiscal complexities remain an obstacle to stronger economic growth.

Italy GDP & Economic Overview

Key Facts

Total Area 301,340 sq km
Type of Government Parliamentary republic
Capital City Milan
Total Population 58.941 million
Median Age 47.7
Total GDP USD 2,169,750 millions
Adult Per Capita Income (PPP) USD 49,672.51

Trade & Finance

International Trade

Total Exports USD 674,855 million
Major Exports Packaged medicines
Cars and vehicle parts
Refined petroleum
Vaccines and cultures
Major Trade Partners – Export Germany
United States
Total Imports USD 663,695 million
Major Imports Crude and petroleum
Package medicines
Natural gas
Major Trade Partners – Imports Germany

Inbound and Outbound Investment

Data Shows Germany’s Debt Load To Be Among
Europe’s Heaviest

The chart at left compares Italy’s debt-to-GDP ratio to the regional average. It illustrates how the country has been unable at keeping its debt burden in line with national productive capacity.

Italy's Leading Companies

Manufacturing, oil & gas, AI Enel
Energy Eni
Insurance and finance Generali Group
Telecom Telecom Italia
Automotive Stellantis
Aerospace and defense Leonardo

Global Finance Rankings & Awards: Italy

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000