How has the gross domestic product changed in Italy in the 20th century?
Here we can see some data about the development of the GDP in the italian economy
60´s
At the beginning of the decade of 1960, Italy had a Gross Domestic Product (nominal) of USD 40,385 million. For the year 1969, the GDP of the country reached USD 97,085 million. The Italian economy grew by 140.3% during this decade with respect to GDP in 1960.
70´s
At the beginning of the 70s, Italy had a Gross Domestic Product of USD 113,021 million. For the year 1979, the GDP of the country reached USD 392,379 million. The Italian economy had a growth of 247.1% during this decade with respect to the GDP of the year 1970.
80´s
At the beginning of the 1980s, Italy had a GDP of USD 483,592 million. For the year 1989, the GDP of the country reached USD 939,875 million. The Italian economy had a growth of 94.3% during this decade with respect to the GDP of the year 1980.
90´s
At the beginning of the 1990s, Italy reached $ 1 trillion. The Italian economy had a gross domestic product (nominal) of USD 1,173,063 (1 billion 173,063 million dollars) in 1990. For the year 1999, the country's GDP reached USD 1,250,203 million. The Italian economy had a growth of 6.5% during this decade with respect to the GDP of the year 1990.
2000
At the beginning of the 2000s, Italy had a GDP of USD 1,145,109 (1 billion 145.109 million dollars). For the year 2009, the country's GDP reached USD 2,190,700 million (2 billion 190,700 million dollars). The Italian economy had a growth of 91.3% during this decade with respect to the GDP of the year 2000.
As we can see the GDP has a tendency to increase. Therefore at the end of the 20th century the GDP has increased by a total of 2 million compared to the 1960s.
But there were months when the growth of the economy did not progress.
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