Italy GDP in 2020

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$1892.57 billion 2.229%
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According to the latest statistical data released by the World Bank in 2024, Italy's gross domestic product(GDP) in 2020 was $1892.57 billion, an increase of -5.9% over 2019, and GDP accounted for 2.229% of the world's total economy. In 2020, Italy's GDP ranked 9th in the world and 4th in European countries.