Gross domestic product (GDP) and main components (output, expenditure and income) - annual data

In 2020, Italy's gross domestic product (GDP) and main components (output, expenditure and income) decreased by 8.9% compared to 2019, reaching €1,578,756M.

Italy accounts for 12.5% of the EU-27 total of €12,662,394M.

Italy ranks 3rd out of 27 EU member states with reported data — in the top half of the distribution.

Over the past five years, the indicator has fallen by 5.1% (from €1,663,277M in 2015).

Source: Eurostat dataset nama_10_gdp, accessed via the eupublicdata pipeline.