How does Italy rank in the worlds economy?

As of 2022, Italy ranked as the third largest economy in the European Union and the eighth largest in the world, with a gross domestic product (GDP) of approximately $2.11 trillion. Italy is known for its strong manufacturing sector, particularly in the automotive, fashion, and machinery industries, as well as its tourism industry. However, the country also faces challenges such as a high public debt, a relatively slow-growing economy, and an ageing population.