Italy Gdp facts

While investigating facts about Italy Gdp Per Capita and Italy Gdp Growth, I found out little known, but curios details like:

In 1987 Italy's GDP was revalued to include the black market economy. The numbers were so large that it allowed Italy's economy to overtake the United Kingdom's as the 5th largest in the world - a move referred to as "il sorpasso" or "the overtake".

how much of italy gdp is tourism?

The drug trafficking and extortion rings of the organized crime syndicate Ndrangheta amount to 3% of Italy's entire GDP

What percentage of italy's gdp is tourism?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is the gdp of italy 2019. Here are 13 of the best facts about Italy Gdp 2019 and Italy Gdp 2018 I managed to collect.

what is the gdp of italy?

1. The Mafia accounts for 7% of Italy's GDP.

2. Due to its oil resources, Equatorial Guinea has a GDP per capita that is on a par with Italy and Spain. However, the wealth is distributed so unequally that 77% of the population lives below the poverty line.

3. Although Mississippi is the poorest US state, it has a higher GDP per capita than Japan, Spain, South Korea and Italy.

4. The Sub-Saharan African nation of Equatorial Guinea has a higher GDP per capita measured at purchasing power parity than developed nations like Spain, South Korea and Israel, and almost as much as New Zealand and Italy.

5. The mafia's narcotics trafficking, extortion and money laundering activities accounted for at least 3% of Italy's GDP in 2010

6. California''s economy makes up over 14% of the US GDP and it's economy is equal to Italy as of 2015 and is growing above the national average.

7. The 'Ndrangheta is currently the most powerful criminal organization in the world with an annual revenue of around €53 billion, roughly $72 billion USD. In 2011 a US diplomat estimated that the organization's activities accounted for at least 3% of Italy's GDP.

8. In 1913, Russia's GDP was more than 3 times that of Italy and more than Germany and dramatically fell after Communist revolution.

What is true about italy gdp?

You can easily fact check it by examining the linked well-known sources.

Lombardy, Italy contains 1/6 of Italy's population and produces 1/5 of Italy's total GDP