Italy’s GDP is almost equal to the GDP of all countries that joined the EU in the 21st century

Posted by vladgrinch

26 Comments

  1. franbatista123 on

    Big developed economy is almost as big as developing economies (for the most part), more news at 11.

  2. Well, Italy’s GDP was 2.7 times higher than the combined GDP of all those countries just 25 years ago. Give it a little bit more time.

  3. idrisssssssssssss on

    Italy is the cradle of European civilization, would be strange if they didn’t have a huge economy

  4. Which is also around Russia GDP with 200mill people.

    edit:sorry, 150mil I went by my bad memory and didnt check..

  5. Relevant-Outcome3529 on

    And yet there are still enough confused people who want to admit Ukraine into the EU….

  6. Albanian_EagleBALKAN on

    Its housing, general architecture, and roads look more similar to those in Lebanon than in Romania though

  7. Poland has the biggest growth of any EU country iirc. Really cool to see.
    A lot of people overlook, just how historically and culturally important countries like Poland and the Czech Republik are. 

  8. PotentialRise7587 on

    Won’t stay that way for long, Italy is one of the fastest aging western countries, and lots of young Italians are leaving for other parts of Europe.

  9. Yes, Italian banks used to launch 3/4 of their credit lines in Italy, and 1/4 in those pesky new areas, during the transition. The profit they made was also divided 1/4 to 3/4, with 3/4 coming from the poor folks. This is the way Italy keeps its GDP high. They invest locally, money they loot in other places.

  10. Bister-is-here on

    In addition to the things everyone is saying, there’s another very important thing. 

    Italy is a net contributor to the EU, meaning it gives much more money to the EU than it receives. 

    All the other countries you see on the map are net recipients, meaning they receive much more money from the EU than they give.

  11. Lanky_Commercial9731 on

    Italy’s glory days are behind, I wouldn’t be surprised if in a decade Poland would surpass them

  12. search_google_com on

    But still Italians are suffering from massive unemployment and low salary. Is there any developed country where people go to eork abroad so much other than Italy and Spain? There is a reason people perceive those countries less developed. Indeed most of their GDP comes from GDP which does not improve the quality of lives of normal people. As a Taiwanese I can say No wonder many Asians feel those countries are run down

  13. Italy is one of the most complex economies in Europe, they have it all: cars, manufacturing, luxury brands, tourism, cosmetics, processed foods, DOP specialties, military, etc. Look up how many Italian companies are known worldwide, I saw a list and couldn’t believe how many they have.