GERD as a percentage of GDP in Italy

Italy: GERD as a percentage of GDP was 1.4% in 2023. ▲ Rising

Latest (2023)
1.4%
Change on year
up 1.0%
World rank
33rd
of 116 countries
All-time high
1.5%
in 2020
All-time low
0.9%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in Italy, 1996–2023

00.511.51996200920231996: 0.9441997: 0.9851998: 11999: 0.9792000: 12001: 12002: 1.12003: 1.12004: 12005: 12006: 1.12007: 1.12008: 1.22009: 1.22010: 1.22011: 1.22012: 1.32013: 1.32014: 1.32015: 1.32016: 1.42017: 1.42018: 1.42019: 1.52020: 1.52021: 1.42022: 1.42023: 1.4

Source: UNESCO Institute for Statistics.

Analysis

Italy recorded 1.4% for gerd as a percentage of gdp in 2023.

Compared with earlier readings it is up 1.0% on the previous year and up 6.6% over ten years.

Over the whole period, gerd as a percentage of gdp in Italy peaked at 1.5% in 2020 and was at its lowest, 0.9%, in 1996.

That places Italy 33rd out of 116 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.0% 0.9% 1.0% 4
2000s 1.1% 1.0% 1.2% 10
2010s 1.3% 1.2% 1.5% 10
2020s 1.4% 1.4% 1.5% 4

Countries ranked near Italy

  1. 30 Spain 1.5% compare
  2. 31 Türkiye 1.4% compare
  3. 32 Croatia 1.4% compare
  4. 34 Hungary 1.4% compare
  5. 35 Brazil 1.2% compare
  6. 36 Hong Kong (China) 1.1% compare

See the full ranking of 166 places →

More science & technology data for Italy

All data for Italy →

Frequently asked questions

What is gerd as a percentage of gdp in Italy?
Gerd as a percentage of gdp in Italy was 1.4% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Italy?
The highest recorded value was 1.5% in 2020.
What is the lowest gerd as a percentage of gdp recorded in Italy?
The lowest recorded value was 0.9% in 1996.
How does Italy rank for gerd as a percentage of gdp?
Italy ranks 33rd out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Italy?
Over the last ten years it is up 6.6%. The long-run trend across the full record is rising.
Where does this Italy data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Italy. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 21 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/italy/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release