it Italy 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$1.89 trillion

↑ 2.26% vs 2015
GDP per Capita

$31,126.32

↑ 2.43% vs 2015
GDP Growth (Annual %)

1.24%

↑ 0.35pp vs 2015
Inflation Rate (CPI %)

-0.09%

↓ 0.13pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $1.85 trillion $1.89 trillion +2.26%
GDP per Capita $30,387.13 $31,126.32 +2.43%
GDP Growth (Annual %) 0.89% 1.24% +0.35pp
Inflation (CPI %) 0.04% -0.09% -0.13pp
Unemployment Rate (%) 11.90% 11.69% -0.21pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$1.89 trillion
GDP per Capita
$31,126.32
GDP Growth (Annual %)
1.24%
Gross National Income
$1.88 trillion
Prices & Employment
Inflation (CPI %)
-0.09%
Inflation (GDP Deflator %)
1.25%
Unemployment Rate (%)
11.69%
Interest Rate (Real %)
2.22%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
2.46%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Italy's Gross Domestic Product (GDP) is $1.89 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Italy for 2016 is $31,126.32. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Italy for 2016 is -0.09%. This measures the annual percentage change in the cost of consumer goods and services.

Italy's annual GDP growth rate for 2016 is 1.24%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Italy for 2016 is 11.69%. This represents the percentage of the labor force that is unemployed and actively seeking employment.