GDP in USD PPP terms reached 2,398 USD bil in 2018 in Italy, according to the National Statistical Office. This is 3.2 % less than in the previous year.
Historically, GDP in USD PPP terms in Italy reached an all time high of 2,477 USD bil in 2017 and an all time low of 606 USD bil in 1980. When compared to Italy's main peers, GDP in USD PPP terms in Austria amounted to 464 USD bil, 2,969 USD bil in France, 76.1 USD bil in Slovenia and 551 USD bil in Switzerland in 2018.
Italy has been ranked 14th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 1 places behind the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.