Total shortfall from extreme poverty in Italy
Italy: Total shortfall from extreme poverty was 425.03 million international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
425.03 million international-$ in 2021 prices
Change on year
up 26.8%
World rank
40th
of 120 countries
All-time high
937.05 million international-$ in 2021 prices
in 2015
All-time low
15.94 million international-$ in 2021 prices
in 1989
Years of data
38
1977–2023
Total shortfall from extreme poverty in Italy, 1977–2023
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, total shortfall from extreme poverty in Italy stood at 425.03 million international-$ in 2021 prices.
The figure is up 26.8% on the previous year and down 40.5% over ten years.
Over the whole period, total shortfall from extreme poverty in Italy peaked at 937.05 million international-$ in 2021 prices in 2015 and was at its lowest, 15.94 million international-$ in 2021 prices, in 1989.
Italy ranks 40th of 120 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total shortfall from extreme poverty in Italy, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1977 | 84.18 million international-$ in 2021 prices | — |
| 1978 | 176.87 million international-$ in 2021 prices | +110.1% |
| 1979 | 126.01 million international-$ in 2021 prices | -28.8% |
| 1980 | 45.11 million international-$ in 2021 prices | -64.2% |
| 1981 | 17.30 million international-$ in 2021 prices | -61.6% |
| 1982 | 18.37 million international-$ in 2021 prices | +6.2% |
| 1983 | 89.51 million international-$ in 2021 prices | +387.3% |
| 1984 | 26.34 million international-$ in 2021 prices | -70.6% |
| 1986 | 98.63 million international-$ in 2021 prices | +274.4% |
| 1987 | 494.49 million international-$ in 2021 prices | +401.4% |
| 1989 | 15.94 million international-$ in 2021 prices | -96.8% |
| 1991 | 155.19 million international-$ in 2021 prices | +873.9% |
| 1993 | 533.46 million international-$ in 2021 prices | +243.7% |
| 1995 | 300.72 million international-$ in 2021 prices | -43.6% |
| 1998 | 847.82 million international-$ in 2021 prices | +181.9% |
| 2000 | 658.05 million international-$ in 2021 prices | -22.4% |
| 2002 | 772.13 million international-$ in 2021 prices | +17.3% |
| 2003 | 352.28 million international-$ in 2021 prices | -54.4% |
| 2004 | 314.54 million international-$ in 2021 prices | -10.7% |
| 2005 | 323.97 million international-$ in 2021 prices | +3.0% |
| 2006 | 320.87 million international-$ in 2021 prices | -1.0% |
| 2007 | 329.05 million international-$ in 2021 prices | +2.6% |
| 2008 | 333.02 million international-$ in 2021 prices | +1.2% |
| 2009 | 423.11 million international-$ in 2021 prices | +27.1% |
| 2010 | 610.87 million international-$ in 2021 prices | +44.4% |
| 2011 | 578.95 million international-$ in 2021 prices | -5.2% |
| 2012 | 566.50 million international-$ in 2021 prices | -2.2% |
| 2013 | 714.57 million international-$ in 2021 prices | +26.1% |
| 2014 | 612.32 million international-$ in 2021 prices | -14.3% |
| 2015 | 937.05 million international-$ in 2021 prices | +53.0% |
| 2016 | 815.48 million international-$ in 2021 prices | -13.0% |
| 2017 | 723.92 million international-$ in 2021 prices | -11.2% |
| 2018 | 690.45 million international-$ in 2021 prices | -4.6% |
| 2019 | 533.93 million international-$ in 2021 prices | -22.7% |
| 2020 | 417.03 million international-$ in 2021 prices | -21.9% |
| 2021 | 398.35 million international-$ in 2021 prices | -4.5% |
| 2022 | 335.17 million international-$ in 2021 prices | -15.9% |
| 2023 | 425.03 million international-$ in 2021 prices | +26.8% |
Italy compared with similar countries
- Italy's 425.03 million international-$ in 2021 prices is above the median for high income countries, which is 21.17 million international-$ in 2021 prices, 20.1× the median. (42 countries reporting)
- Italy's 425.03 million international-$ in 2021 prices is above the median for Europe & Central Asia, which is 8.37 million international-$ in 2021 prices, 50.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Total shortfall from extreme poverty in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +873.9% | 15.94 million international-$ in 2021 prices | 155.19 million international-$ in 2021 prices |
| 1987 | +401.4% | 98.63 million international-$ in 2021 prices | 494.49 million international-$ in 2021 prices |
| 1983 | +387.3% | 18.37 million international-$ in 2021 prices | 89.51 million international-$ in 2021 prices |
| 1986 | +274.4% | 26.34 million international-$ in 2021 prices | 98.63 million international-$ in 2021 prices |
| 1993 | +243.7% | 155.19 million international-$ in 2021 prices | 533.46 million international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 129.02 million international-$ in 2021 prices | 84.18 million international-$ in 2021 prices | 176.87 million international-$ in 2021 prices | 3 |
| 1980s | 100.71 million international-$ in 2021 prices | 15.94 million international-$ in 2021 prices | 494.49 million international-$ in 2021 prices | 8 |
| 1990s | 459.30 million international-$ in 2021 prices | 155.19 million international-$ in 2021 prices | 847.82 million international-$ in 2021 prices | 4 |
| 2000s | 425.23 million international-$ in 2021 prices | 314.54 million international-$ in 2021 prices | 772.13 million international-$ in 2021 prices | 9 |
| 2010s | 678.41 million international-$ in 2021 prices | 533.93 million international-$ in 2021 prices | 937.05 million international-$ in 2021 prices | 10 |
| 2020s | 393.89 million international-$ in 2021 prices | 335.17 million international-$ in 2021 prices | 425.03 million international-$ in 2021 prices | 4 |
Countries ranked near Italy
- 37 Germany 508.64 million international-$ in 2021 prices compare
- 38 Iran 488.11 million international-$ in 2021 prices compare
- 39 Vietnam 436.73 million international-$ in 2021 prices compare
- 41 Guinea 346.34 million international-$ in 2021 prices compare
- 42 Uzbekistan 342.44 million international-$ in 2021 prices
- 43 Spain 291.29 million international-$ in 2021 prices compare
More poverty & inequality data for Italy
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.2 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 5,059 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 6.51 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 41.99 (2023)
- Tax revenue as share of GDP vs. income inequality 42.0% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is total shortfall from extreme poverty in Italy?
- Total shortfall from extreme poverty in Italy was 425.03 million international-$ in 2021 prices in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest total shortfall from extreme poverty recorded in Italy?
- The highest recorded value was 937.05 million international-$ in 2021 prices in 2015.
- What is the lowest total shortfall from extreme poverty recorded in Italy?
- The lowest recorded value was 15.94 million international-$ in 2021 prices in 1989.
- How does Italy rank for total shortfall from extreme poverty?
- Italy ranks 40th out of 120 countries with data for 2023.
- Is total shortfall from extreme poverty rising or falling in Italy?
- Over the last ten years it is down 40.5%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.
Download this data
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About this data
This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.