Italy IT: GDP: PPP: 2011 Price

Italy IT: GDP: PPP: 2011 Price data was reported at 2,132,625.945 Intl $ mn in 2017. This records an increase from the previous number of 2,101,061.874 Intl $ mn for 2016. Italy IT: GDP: PPP: 2011 Price data is updated yearly, averaging 2,090,312.754 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 2,256,420.707 Intl $ mn in 2007 and a record low of 1,766,345.062 Intl $ mn in 1990. Italy IT: GDP: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;

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