Italy Gross Domestic Product (GDP) by Year (1961–2023)

Italy's GDP reflects its post-war economic miracle and subsequent fluctuations tied to global and domestic factors. From $46.5 billion in 1961, GDP grew rapidly during the 1960s and 1970s, reaching $227.7 billion in 1975. This growth was driven by industrialization, strong exports, and a burgeoning manufacturing sector. The 1980s continued the upward trend, peaking at $1.18 trillion in 1990, supported by robust trade and integration into the European market.

The 2008 global financial crisis led to a contraction, with GDP declining from $2.4 trillion in 2008 to $1.8 trillion by 2015. However, Italy's diversified economy and recovery efforts saw GDP rebound to $2.25 trillion in 2023, supported by tourism, exports, and investments in green energy and digital infrastructure.