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Gross Domestic Product (GDP) per capita in Italy 2018, by region

Gross domestic product (GDP) per capita in Italy in 2018 reached roughly 34,320 U.S. dollars. When analyzed from the regional perspective of the single regions, the highest GDP per capita could be observed in the Northern areas of the country. Leading the 2018 ranking was the province of Bozen, an autonomous region in the North-East of Italy, where the value of GPD per inhabitant was equal to 47 thousand euros. In Aosta Valley and Lombardy, the second and the third regions with the highest gross domestic product per capita, the values amounted to over 38 thousand euros respectively.

Economic performance of a country

Gross domestic product per capita is an indicator of economic performance, calculated as a division of the total gross domestic product of a country in a certain period of time by its population. Whereas nominal and real GDP help to understand the economic strength of the country as a whole, per capita values illustrate the standard of living and wellbeing of the citizens.

Italian economy among the slowest growing economies in the EU

Despite the 1.5 percent growth of Italian gross domestic product registered in 2017, GDP growth rate is predicted to slow down in the upcoming years, going hand-in-hand with the gradual stagnation of Italy’s economy. When compared to the other EU member states, annual GDP growth in 2018 was one of the lowest.

Gross domestic product (GDP) per capita of Italy in 2018, by region

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Source

Release date

January 2020

Region

Italy

Survey time period

2018

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Statistics on "Key indicators of Italy's economy"

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