Australia vs Italy: GDP
GDP over time
- Australia
- Italy
How they compare
Italy currently reports 2.05 trillion constant 2015 US$ against 1.69 trillion constant 2015 US$ in Australia, a difference of 350.66 billion constant 2015 US$.
That makes Italy's figure about 1.2 times Australia's.
Across all 66 years both countries report, Italy has been ahead every year.
Globally, Australia ranks 12th and Italy ranks 9th of 211 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.