Italy 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$2.30 trillion
↑ 9.41% vs 2022GDP per Capita
$39,003.32
↑ 9.45% vs 2022GDP Growth (Annual %)
0.70%
↓ 3.96pp vs 2022Inflation Rate (CPI %)
5.62%
↓ 2.58pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.10 trillion | $2.30 trillion | +9.41% |
| GDP per Capita | $35,635.74 | $39,003.32 | +9.45% |
| GDP Growth (Annual %) | 4.66% | 0.70% | -3.96pp |
| Inflation (CPI %) | 8.20% | 5.62% | -2.58pp |
| Unemployment Rate (%) | 8.07% | 7.63% | -0.44pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $2.30 trillion
- GDP per Capita
- $39,003.32
- GDP Growth (Annual %)
- 0.70%
- Gross National Income
- $2.25 trillion
Prices & Employment
- Inflation (CPI %)
- 5.62%
- Inflation (GDP Deflator %)
- 5.82%
- Unemployment Rate (%)
- 7.63%
- Interest Rate (Real %)
- -0.88%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.01%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Italy's Gross Domestic Product (GDP) is $2.30 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Italy for 2023 is $39,003.32. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Italy for 2023 is 5.62%. This measures the annual percentage change in the cost of consumer goods and services.
Italy's annual GDP growth rate for 2023 is 0.70%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Italy for 2023 is 7.63%. This represents the percentage of the labor force that is unemployed and actively seeking employment.