Source
Central bank

Bank of Italy

International Reserves

USD 48.5 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 1,895.3 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 2,289.6 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
2% 1.5% -1.1% -5.5% 1.7% 0.6% -2.8%
2013 2014 2015 2016* 2017*    
-1.8% -0.3% 0.8% 0.8% 0.9%    

*Estimate

GDP per capita - current prices

USD 30,891.9 (2017, estimate)

GDP per capita - PPP

Intl$ 37,318.0 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
4.46% 4.11% 3.22% 2.29% 1.8%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 2.2% 
  • industry: 23.9% 
  • services: 73.8%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

1.3% (2014)

OECD, data retrieved January 2017

Inflation
2013 2014 2015 2016* 2017*
1.2% 0.2% 0.1% -0.1% 0.5%

*Estimate

Unemployment rate
2013 2014 2015* 2016* 2017*
12.1% 12.6% 11.9% 11.5% 11.2%

*Estimate

Household saving rates

3% (Total, 2015)

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
129% 132.5% 132.7% 133.2% 133.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-2.9% -3% -2.6% -2.5% -2.2%

*Estimate

Government bond ratings

Standard & Poor's: BBB-

Moody's: Baa2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
USD 615.5 billion USD 587.3 billion N/A
Largest companies

Intesa Sanpaolo, Enel, Generali Group, UniCredit Group, EXOR, Eni, Poste Italiane, Atlantia, Telecom Italia, Snam, Luxottica Group, Unipol Gruppo, Mediobanca, Finmeccanica, Terna, Banco Popolare, Banca Mediolanum, Banca MPS, UBI Banca, Banca Popolare di Milano, Cattolica Assicurazioni, Banca Popolare dell'Emilia, Credito Emiliano, Banca Popolare di Sondrio, Banca CARIGE, Prada, Credito Valtellinese.

 
 
Source
Current account balance

USD 35.5 billion (2017 estimate)

Current account balance by percentage of GDP

1.9% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

30.1% (2015)

Shares in world total merchandising export

2.8% (2015)

Shares in world total commercial services export

2.1% (2015)

Total exports

USD 436.3 billion (2016 estimate)

Export commodities

Engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; foodstuffs, beverages, and tobacco; minerals, nonferrous metals

Total imports

USD 372.2 billion (2016 estimate)

 
 
Source
Import commodities

Engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages, tobacco

Exports - major partners

Germany 12.3%, France 10.3%, US 8.7%, UK 5.4%, Spain 4.8%, Switzerland 4.7% (2015)

Imports - major partners

Germany 15.4%, France 8.7%, China 7.7%, Netherlands 5.6%, Spain 5%, Belgium 4.7% (2015)

FDI inflows
2013 2014 2015
USD 24,273 million USD 23,223 million USD 20,279 million
FDI outflows
2013 2014 2015
USD 25,134 million USD 26,539 million USD 27,607 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -1632.8 million USD 2861.3 million USD -4503.9 million USD 3101.0 million
Cross-border M&A deals worth over $3 billion completed in 2014

Sky Italian Holdings, Sky Italia Capital, Italy, USD 4.2 billion

Cross-border M&A deals worth over $3 billion completed in 2015

GTECH SpA, International Game Technology, United States, USD 6.2 billion

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 50 out of 190 countries (2017)

Subcategories:

Starting a business: 63 out of 190 countries

Enforcing Contracts: 108 out of 190 countries

Registering Property: 24 out of 190 countries

Getting Credit: 101 out of 190 countries

Protecting Minority Investors: 42 out of 190 countries

Trading Across Borders: 1 out of 190 countries

Paying Taxes: 126 out of 190 countries

Dealing with Construction Permits: 86 out of 190 countries

Getting Electricity: 51 out of 190 countries

Resolving Insolvency: 25 out of 190 countries

Global competitiveness ranking

44 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 86 / Score: 61.17 (Moderately free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+1

Total area

301,340 sq km (2014)

Capital

Rome (2014)

Currency

euros (EUR) (2014)

Government type

republic (2014)

Languages

Italian (official), German (parts of Trentino-Alto Adige region are predominantly German-speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area)

Religions

Christian 80% (overwhelmingly Roman Catholic with very small groups of Jehovah's Witnesses and Protestants), Muslim (about 800,000 to 1 million), Atheist and Agnostic 20%

Total population
1990 2000 2010 2014* 2019**
56.694 million 56.924 million 59.19 million 59.96 million 61.187 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
59.4% 67% 67% 69%
Population median age

44.5 years (2014 est.)

Population growth rate

0.3% (2014 estimate)

Life expectancy

82.03 years (2014 estimate)

Adult literacy

99% (2011 estimate)

% of population living on less than $2 a day

1.7% (2010)

Inequality of wealth distribution (Gini index)

35.5 (2010)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 34.3%   Mobile 158.9%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

 

Internet users as % of total population

58.46% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Rome 31st (2014)
 

CO2 emissions(Metric tons of CO2 per capita)

6.9 (2010)

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