Gross Domestic Product of Italy grew 1.8% in 1998 compared to last year This rate is the same than the previous year.
The GDP figure in 1998 was €1,134,535$1,267,952 million, leaving Italy placed 5th in the ranking of GDP of the 40 countries that we publish. The absolute value of GDP in Italy rose €38,233$27,554 million with respect to 1997.
The GDP per capita of Italy in 1998 was €19,940$22,282, €670$473 higher than in 1997, it was €19,270$21,809. 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 1988 when the GDP per capita in Italy was €12,800$15,936.
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 20th out of the 40 countries whose GDP we publish.