Gross Domestic Product of Italy fell -8.9% in 2020 compared to last year. This rate is 92 -tenths of one percent less than the previous year, when changed 0.3%.
The GDP figure in 2020 was €1,651,595$2,001,466 million, leaving Italy placed 8th in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Italy dropped €138,152$85,244 million with respect to 2019.
The GDP per capita of Italy in 2020 was €27,500$33,159, €2,160$1,341 less than in 2019, when it was €29,660$34,500. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Italy was €26,930$36,965.
If we order the countries according to their GDP per capita, Italy is in 32th position of the 196 countries whose GDP we publish.