Italy 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$1.91 trillion
↓ 5.55% vs 2019GDP per Capita
$32,091.49
↓ 5.09% vs 2019GDP Growth (Annual %)
-8.87%
↓ 9.30pp vs 2019Inflation Rate (CPI %)
-0.14%
↓ 0.75pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.02 trillion | $1.91 trillion | -5.55% |
| GDP per Capita | $33,812.79 | $32,091.49 | -5.09% |
| GDP Growth (Annual %) | 0.43% | -8.87% | -9.30pp |
| Inflation (CPI %) | 0.61% | -0.14% | -0.75pp |
| Unemployment Rate (%) | 9.95% | 9.16% | -0.79pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $1.91 trillion
- GDP per Capita
- $32,091.49
- GDP Growth (Annual %)
- -8.87%
- Gross National Income
- $1.92 trillion
Prices & Employment
- Inflation (CPI %)
- -0.14%
- Inflation (GDP Deflator %)
- 1.58%
- Unemployment Rate (%)
- 9.16%
- Interest Rate (Real %)
- 0.74%
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)
- 3.94%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Italy's Gross Domestic Product (GDP) is $1.91 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Italy for 2020 is $32,091.49. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Italy for 2020 is -0.14%. This measures the annual percentage change in the cost of consumer goods and services.
Italy's annual GDP growth rate for 2020 is -8.87%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Italy for 2020 is 9.16%. This represents the percentage of the labor force that is unemployed and actively seeking employment.