Gross Domestic Product of Italy grew 0.8% in 2005 compared to last year. This rate is 6 -tenths of one percent less than the figure of 1.4% published in 2004.
The GDP figure in 2005 was €1,493,635$1,859,245 million, leaving Italy placed 7th in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Italy rose €41,316$53,522 million with respect to 2004.
The GDP per capita of Italy in 2005 was €25,680$32,031, €570$688 higher than in 2004, it was €25,110$31,343. 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 1995 when the GDP per capita in Italy was €15,800$20,675.
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 25th out of the 195 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.