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Italy Poverty Rate

Italy's poverty rate fell to 0.7% in 2022, down from 0.9% in 2021, according to World Bank. This represents a decrease of 0.2% from the previous year. Italy has poverty rate lower than the global median (0.70% vs median 1.90%). Compared with the median in Europe, Italy is higher (0.70% vs regional median 0.30%) and ranks 11th out of 41 countries in Europe.

Italy's annual unemployment rate fell to 6.78% in 2024, down from 7.63% in 2023.

Yearly Historical Data (1977-2022)

(in %)
Year Poverty Rate (%)
2022 0.7%
2021 0.9%
2020 0.9%
2019 1%
2018 1.7%
2017 1.5%
2016 1.8%
2015 2.1%
2014 1.4%
2013 1.6%
2012 1.4%
2011 1.3%
2010 1.4%
2009 1.1%
2008 0.9%
2007 0.8%
2006 0.8%
2005 0.8%
2004 0.8%
2003 0.9%
2002 1.7%
2000 1.2%
1998 1.7%
1995 0.7%
1993 1.4%
1991 0.2%
1989 0%
1987 1.2%
1986 0.2%
1984 0.2%
1983 0.2%
1982 0.2%
1981 0.2%
1980 0.2%
1979 0.5%
1978 0.5%
1977 0.2%
Italy Poverty Rate : Definition
Poverty Rate measures the percentage of people in Italy living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 99% 99% 2019
Gini Index 33.7 points 34.8 points 2022
Happiness Index 6.42 points 6.32 points 2024
Homicide Rate 0.51 0.48 2021
Population 58.99M 58.99M 2024
Primary Enrollment Rate 101.56% 101.09% 2022