Gross Domestic Product of Italy grew 8.1% in 1988 compared to last year. This rate is 11 -tenths of one percent higher than the figure of 7% published in 1987.
The GDP figure in 1988 was €727,304$902,023 million, leaving Italy placed 5th in the ranking of GDP of the 26 countries that we publish. The absolute value of GDP in Italy rose €54,229$87,865 million with respect to 1987.
The GDP per capita of Italy in 1988 was €12,800$15,934, €900$1,548 higher than in 1987, it was €11,900$14,386. 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 1978 when the GDP per capita in Italy was €4,200$5,601.
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 26 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.