Italy vs the Netherlands: Economic Indicators Comparison

Italy with a GDP of $2.1T ranked the 8th largest economy in the world, while the Netherlands ranked 17th with $913.7B. By GDP 5-years average growth and GDP per capita, Italy and the Netherlands ranked 154th vs 121st and 29th vs 15th, respectively.

Gross Domestic Product & Income

StatItalyNetherlands
GDP$2.1T$913.7B
GDP growth, 1 year0.9%2.5%
GDP growth, 5-years average0.9%2.2%
Population60.3M17.3M
GDP per capita$34k$53k
GDP per capita growth0.95%2%
Purchasing Power Parity conversion factor0.70.8
Price level ratio of PPP conversion factor GDP to market exchange rate0.820.94
GDP per capita, PPP adjusted$40k$56k
GNI, Atlas method$2T$883.2B
GNI per capita$34k$51k
GNI, PPP adjusted$2.6T$980.2B
GNI per capita, PPP adjusted$42k$57k

Financial system and Human development

StatItalyNetherlands
Income Tax Rate43%52%
Corporate Tax Rate27.5%25%
Inflation, consumer prices1.2%1.6%
Inflation, GDP deflator0.9%2.2%
Unemployment10.2%3.9%
Economic Freedom Index63.877
Personal Freedom Index8.799.23
Human Freedom Index8.018.49
Property Rights Index75.490
Judical Effectiveness Index51.373.9
Business Freedom Index70.480.4
Fiscal Health Index71.194.1
Labor Freedom Index50.960.2
Investment Freedom Index8090
Financial Freedom Index5080
Trade Freedom Index86.486.4
Monetary Freedom Index83.282.5
Government Spending Index28.545.2
Tax Burden Index5651.7
Government Integrity Index62.290.1
Corruption Perceptions Index5282
Life expectancy at birth, years83.281.6
Suicide mortality rate, per 100,000 people8.212.6
Mortality caused by road traffic injury, per 100,000 people5.63.8
Intentional homicides, per 100,000 people0.70.8
International tourism, number of arrivals61.6M18.8M

Government debt & reserves

StatItalyNetherlands
Central government debt, % of GDP132.1%54.4%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI6%18.4%
Gross savings, % of GDP20.8%31.9%
Gross capital formation, % of GDP18.2%20.7%
Total reserves including gold$152.4B$38.4B
Foreign direct investment net inflows$39.6B-$239.3B

Exports, imports and economic structure

StatItalyNetherlands
Exports of goods and services, % of GDP31.5%84.3%
Imports of goods and services, % of GDP29%73.3%
Current account balance (balance of payments)$53.8B$99.1B
Revenue excluding grants, % of GDP37.7%39.1%
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances received$9.9B$2.5B
Industry including construction value added, % of GDP21.4%17.9%
Agriculture, forestry and fishing value added, % of GDP1.9%1.6%
Charges for the use of intellectual property, payments BoP$5.1B$41.9B
Charges for the use of intellectual property, receipts BoP$4.9B$35B
Expense, % of GDP41.3%37.8%
Government Expenditure, % of GDP48.8%42.7%

Compare with countries close by GDP per capita

Italy vs

CountryGDP
per capita
Population
Sweden
$55k
10.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M

Netherlands vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k