Gross Domestic Product of Italy fell -3% in 2012 compared to last year. This rate is 37 -tenths of one percent less than the previous year, when changed 0.7%.
The GDP figure in 2012 was €1,624,359$2,088,280 million, leaving Italy placed 9th in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Italy dropped €24,397$206,311 million with respect to 2011.
The GDP per capita of Italy in 2012 was €26,990$34,744, €480$3,532 less than in 2011, when it was €27,470$38,276. 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 2002 when the GDP per capita in Italy was €23,650$22,386.
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 30th out of the 196 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.