Ratio of GNP to GDP for Italy
GNPGDPITA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.50
Year-over-Year Change
0.41%
Date Range
1/1/1960 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Italy measures the relative size of Italy's domestic production versus its national income.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This ratio provides insight into Italy's economic structure and its international economic relationships. It can indicate the degree to which Italy's economy relies on income from foreign investments or foreign-owned domestic production.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using official Italian national accounts statistics.
Historical Context
Policymakers and analysts use this ratio to assess Italy's economic openness and dependence on foreign economic activity.
Key Facts
- The ratio has ranged from 0.98 to 1.02 over the past decade.
- Italy's ratio is typically higher than the U.S. and other major economies.
- The ratio reflects Italy's sizable foreign investment income and international trade.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Italy measures the relative size of Italy's domestic production versus its national income.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into Italy's economic structure and international economic relationships, indicating the degree to which Italy's economy relies on foreign income or production.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using official Italian national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ratio to assess Italy's economic openness and dependence on foreign economic activity.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of Italy's national accounts reporting.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Italy (GNPGDPITA156NUPN), retrieved from FRED.