it Italy 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$2.40 trillion

↑ 4.45% vs 2023
GDP per Capita

$40,737.21

↑ 4.45% vs 2023
GDP Growth (Annual %)

4.45%

↑ 3.75pp vs 2023
Inflation Rate (CPI %)

0.98%

↓ 4.64pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $2.30 trillion $2.40 trillion +4.45%
GDP per Capita $39,003.32 $40,737.21 +4.45%
GDP Growth (Annual %) 0.70% 4.45% +3.75pp
Inflation (CPI %) 5.62% 0.98% -4.64pp
Unemployment Rate (%) 7.63% 6.78% -0.85pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$2.40 trillion
GDP per Capita
$40,737.21
GDP Growth (Annual %)
4.45%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
0.98%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
6.78%
Interest Rate (Real %)
N/A
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Italy's Gross Domestic Product (GDP) is $2.40 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Italy for 2024 is $40,737.21. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Italy for 2024 is 0.98%. This measures the annual percentage change in the cost of consumer goods and services.

Italy's annual GDP growth rate for 2024 is 4.45%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Italy for 2024 is 6.78%. This represents the percentage of the labor force that is unemployed and actively seeking employment.