And $100 in Europe buys what $102 buys in Italy. Prices across Italy's economy average 102% of Europe's, so a dollar goes 2% further in Europe.
World Bank figures for 2025 unless another year is shown
Measure
Italy
Europe
Economy
Population
58.9 million
743.0 million43 of 43 countries
GDPUS dollars, market exchange rates
$2.55 trillion
$29.9 trillion40 of 43 countries
GDP per personUS dollars
$43,309
$40,25440 of 43 countries
GDP per person at PPPInternational dollars
$62,803
$59,58540 of 43 countries
Prices
Price levelUS prices = 100%
69%
68%40 of 43 countries
A US dollar goes as far as
$1.45 in the US
$1.48 in the US40 of 43 countries
Income
Median income or consumptionPer person, international dollars
$48.79 a day2023 survey · $17,808 a year · income
Medians don't add up
More figures: GDP at PPP, conversion factor and GNI▾
Gross national income is what residents earn, at home and abroad
Measure
Italy
Europe
GDP at PPPInternational dollars
$3.70 trillion
$44.3 trillion40 of 43 countries
PPP conversion factorLocal currency per international dollar
0.6103Euro
Many currencies
GNI per person, Atlas methodUS dollars
$42,080
$38,30540 of 43 countries
GNI per person at PPPInternational dollars
$62,870
$59,15640 of 43 countries
World Bank income groups: Italy, high income. Europe adds up its countries with 2025 figures (UN M49 regions); its per-person figures are the total over their population.
GDP per person at PPP· 2000 to 2025, in constant 2021 international dollarsAdjusted for inflation, so recent years read lower than the current-dollar figures above. Europe covers the 40 of its 43 countries with figures for every year, weighted by population.