Gross Domestic Product of Italy grew 1.8% in 1971 compared to last year. This rate is 48 -tenths of one percent less than the figure of 6.6% published in 1970.
The GDP figure in 1971 was €40,325$124,672 million, leaving Italy placed 4th in the ranking of GDP of the 19 countries that we publish. The absolute value of GDP in Italy rose €3,329$11,277 million with respect to 1970.
The GDP per capita of Italy in 1971 was €744$2,301, €58$199 higher than in 1970, it was €686$2,102. 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 1961 when the GDP per capita in Italy was €299$884.
If we order the countries according to their GDP per capita, Italy is well positioned in terms of the standard of living of its population, coming 16th out of the 19 countries whose GDP we publish.
Here we show you the progression of the GDP in Italy. You can see GDP in other countries in GDP and see all the economic information about Italy in Italy's economy.