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Italy vs Poland: Economic Indicators Comparison

Italy with a GDP of $2.1T ranked the 8th largest economy in the world, while Poland ranked 22nd with $585.7B. By GDP 5-years average growth and GDP per capita, Italy and Poland ranked 154th vs 53rd and 29th vs 62nd, respectively.

Gross Domestic Product & Income

StatItalyPoland
GDP$2.1T$585.7B
GDP growth, 1 year0.9%5.1%
GDP growth, 5-years average0.9%4%
Population60.3M38.4M
GDP per capita$34k$15k
GDP per capita growth0.95%5.14%
Purchasing Power Parity conversion factor0.71.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.820.49
GDP per capita, PPP adjusted$40k$32k
GNI, Atlas method$2T$535.5B
GNI per capita$34k$14k
GNI, PPP adjusted$2.6T$1.1T
GNI per capita, PPP adjusted$42k$30k

Financial system and Human development

StatItalyPoland
Income Tax Rate43%32%
Corporate Tax Rate27.5%19%
Inflation, consumer prices1.2%1.6%
Inflation, GDP deflator0.9%1.2%
Unemployment10.2%3.7%
Economic Freedom Index63.869.1
Personal Freedom Index8.798.95
Human Freedom Index8.018.02
Property Rights Index75.463.1
Judical Effectiveness Index51.342.8
Business Freedom Index70.462.6
Fiscal Health Index71.192.2
Labor Freedom Index50.962
Investment Freedom Index8080
Financial Freedom Index5070
Trade Freedom Index86.486.4
Monetary Freedom Index83.282
Government Spending Index28.548.8
Tax Burden Index5674.7
Government Integrity Index62.264.6
Corruption Perceptions Index5260
Life expectancy at birth, years83.277.9
Suicide mortality rate, per 100,000 people8.216.2
Mortality caused by road traffic injury, per 100,000 people5.69.7
Intentional homicides, per 100,000 people0.70.8
International tourism, number of arrivals61.6M19.6M

Government debt & reserves

StatItalyPoland
Central government debt, % of GDP132.1%48.4%
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%10.6%
Gross savings, % of GDP20.8%19.6%
Gross capital formation, % of GDP18.2%20.7%
Total reserves including gold$152.4B$117B
Foreign direct investment net inflows$39.6B$16.7B

Exports, imports and economic structure

StatItalyPoland
Exports of goods and services, % of GDP31.5%55.6%
Imports of goods and services, % of GDP29%52.2%
Current account balance (balance of payments)$53.8B-$5.8B
Revenue excluding grants, % of GDP37.7%33.6%
Grants excluding technical cooperation, BoPN/A$1.4B
Personal remittances received$9.9B$7.1B
Industry including construction value added, % of GDP21.4%28.6%
Agriculture, forestry and fishing value added, % of GDP1.9%2.1%
Charges for the use of intellectual property, payments BoP$5.1B$3.6B
Charges for the use of intellectual property, receipts BoP$4.9B$614M
Expense, % of GDP41.3%34.2%
Government Expenditure, % of GDP48.8%41.3%

Compare with countries close by GDP per capita

Italy vs

CountryGDP
per capita
Population
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
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

Poland vs

CountryGDP
per capita
Population
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M