In 2023, the highest regional Gross Domestic Product in Italy was registered in the northern region of Lombardy, roughly 490 billion euros, followed by Lazio, about 239 billion euros, and Veneto, 137 billion euros. The lowest GDP was recorded in Aosta Valley, in the north, and in Molise, in the south of Italy. A deep economic gap Among the top-10 Italian regions with the highest GDP, five are located in the north of the country: Lombardy, Veneto, Emilia Romagna, Piedmont, and Liguria. Campania, the most populous region in the south, ranked only seventh nationally. These results highlight the deep economic disparities between the north and the south of Italy. The GDP of the northwestern regions reached 709 billion euros in 2023, while the south recorded less than half of the northern regions’ figures. Thus, Lombardy, Piedmont, Liguria, and Aosta Valley constitute Italy's economic driving force. In particular, Lombardy is the region with the highest salaries nationwide, 33,635 euros gross per year, 4,300 euros more than in Campania. Actions by policymakers aimed at closing the economic and wage gap are essential for the full development of southern Italian regions. The demographic divide Despite weaker economic indicators compared to the north, southern regions record better demographic figures. Italy’s population is progressively aging and the number of residents has declined recently. The median age of Italians is expected to reach 52.9 years by 2050. However, the south of the country contributes to mitigating the demographic decline. In fact, birth rates are the highest in the southern regions, in Sicily, and in Sardinia, with 6.6 childbirths per 1,000 inhabitants, well above the 6.2 births per 1,000 residents recorded in the northwest. Additionally, the southern population is on average two years younger than the those living in the northern regions.

In 2023, the gross domestic product (GDP) in Italy reached roughly 36,100 euros per capita. When analyzed from a regional perspective, the highest GDP per capita can be observed in the northern areas of the country. Trentino-South Tyrol led the ranking, with a GDP per inhabitant of 53,200 euros. Lombardy and Aosta Valley ranked in second and third place, with a GDP per capita of 49,000 euros and 46,800 euros, respectively. The figure for Trentino-South Tyrol was more than double the GDP per capita of the southern regions of Calabria, Sicily, Campania, and Apulia, confirming the critical divide between these two areas of the country.Economic performance of a country Gross domestic product per capita is an indicator of economic performance, calculated as a division of the total gross domestic product of a country in a certain period of time by its population. Whereas nominal and real GDP help to understand the economic strength of the country as a whole, per capita values illustrate the standard of living and well-being of the citizens. COVID-19 and GDPItaly's economy was expected to slowly grow in 2020. However, the outbreak of COVID-19 significantly changed this scenario. Different estimations of Italy's GDP growth have been published since the outbreak of the coronavirus pandemic. The GDP decreased by 8.8 percent in 2020. Similarly, this figure further declined by 8.9 percent during 2021.

The Gross Domestic Product (GDP) in Italy was worth 2372.77 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Italy represents 2.23 percent of the world economy. This dataset provides the latest reported value for - Italy GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Italy from 2013 to 2023. In 2023, agriculture contributed around 1.86 percent to the GDP, 22.94 percent came from the industry and 64.96 percent from the service sector.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.