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Italy Imports (% GDP)

Italy's imports (% GDP) fell to 30.44% in 2024, down from 32.11% in 2023, according to World Bank. This represents a decrease of 1.67% from the previous year. Italy has imports (% GDP) lower than the global median (30.44% vs median 45.74%). Compared with the median in Europe, Italy is lower (30.44% vs regional median 57.20%) and ranks 42nd out of 44 countries in Europe.

Italy's exports (% GDP) fell to 32.73% in 2024, down from 33.53% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Imports (% GDP)
2024 30.44%
2023 32.11%
2022 36.92%
2021 29.13%
2020 25.21%
2019 27.74%
2018 28.46%
2017 27.44%
2016 25.63%
2015 26.29%
2014 25.83%
2013 25.86%
2012 26.9%
2011 27.91%
2010 26.74%
2009 22.86%
2008 27.47%
2007 27.58%
2006 26.87%
2005 24.61%
2004 23.34%
2003 22.77%
2002 23.56%
2001 24.3%
2000 24.71%
1999 21.38%
1998 20.99%
1997 20.39%
1996 19.14%
1995 20.96%
1994 18.54%
1993 17.32%
1992 17.39%
1991 16.8%
1990 18.02%
1989 18.49%
1988 17.49%
1987 17.54%
1986 17.42%
1985 21.48%
1984 21.38%
1983 19.81%
1982 22.34%
1981 23.56%
1980 22.73%
1979 21.28%
1978 19.54%
1977 20.38%
1976 21.1%
1975 18.63%
1974 22.23%
1973 17.92%
1972 15.47%
1971 14.78%
1970 14.9%
Italy Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Italy compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $674.87B $677.1B 2024
Annual Imports $615.6B $639.93B 2024
Balance of Trade €2B €7.8B Aug'25
Exports €38.7B €61.7B Aug'25
Exports (% GDP) 32.73% 33.53% 2024
FDI Inflows (% GDP) 0.92% 1.82% 2024
Imports €36.6B €53.8B Aug'25
Net Trade (Goods & Services, BoP) $61.62B $34.66B 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 63.18% 65.64% 2024