Italy Italy

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Italy, is a country located at Southern Europe, it has an area of 302,068 Km2.

Italy, with a population of 58,989,749 people, it is ranked at 25º position by population of 196 countries and has a population density of 195 people per km2.

It's capital is Rome and its currency is Euros

Italy is the 8º largest economy by nominal GDP. Its national debt in 2023 was 2,863,438 millions of euros (3,096,236 millions of dollars), ( 137.3% debt-to-GDP ratio) and its public debt per capita is €48,541 euros per inhabitant$52,488 dollars per inhabitant.

The last annual rate of CPI published in Italy was on June of 2024 and it was 0.8%.

In terms of the human development index (HDI) of Italy, which is the index used by the United Nations to measure the progress of a country, was 0.895 points in 2021, leaving it in 30th place in the table of 191 countries published.

If the reason to visit Italy are business, you must know it's in the 58th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Italy, if you want to see information about other countries click here

Rome: Monthly Temp.
Rome: Monthly Rainfall
Italy Economy
Gouvernement
Qu. GDP Per Capita [+]2024Q19,035K
Annual GDP [+]2023€2,085,376M
Annual GDP [+]2023$2,254,851M
GDP per capita [+]2023€35,350
GDP per capita [+]2023$38,224
Quarterly GDP [+]2024Q1€532,954M
Debt (M.€.) [+]20232,863,438
Debt ($M) [+]20233,096,236
Debt (%GDP) [+]2023137.30%
Debt Per Capita [+]2023€48,541
Debt Per Capita [+]2023$52,488
Deficit (M.€) [+]2023-154,124
Deficit ($M) [+]2023-166,654
Deficit (%GDP) [+]2023-7.40%
Expenditure (M.€) [+]20231,150,716.0
Expenditure ($M) [+]20231,244,269.2
Education Expenditure (M.€) [+]202173,241.8
Education Expenditure ($M) [+]202186,626.0
Education Expenditure (%Bud.) [+]20217.44%
Gov. Health Exp. (M.€) [+]2023130,291,000,000.0
Gov. Health Exp.($M) [+]2023140,883,658,300.0
Gov. Health Exp. (%Bud.) [+]202112.36%
Defence Expenditure (M.€) [+]202232,958.0
Defence Expenditure ($M) [+]202234,706.4
Defence Expenditure (%Bud.) [+]20223.17%
Expenditure (%GDP) [+]202355.20%
Expenditure Per Capita [+]2023€19,507
Expenditure Per Capita [+]2023$21,093
Education Expenditure P.C [+]2021€1,239
Education Expenditure P.C [+]2021$1,436
Gov. Health Exp. P.C. [+]2023€2,208
Gov. Health Exp. P.C. [+]2023$2,388
Defence Expenditure P.C. [+]2022€558
Defence Expenditure P.C. [+]2022$572
Moody's Rating [+]11/17/2023Baa3
S&P Rating [+]07/26/2022BBB
Fitch Rating [+]12/03/2021BBB
Corruption Index [+]202256
Competitiveness Ranking [+]201930º
Fragile States Index [+]201843.8
RTI Raking [+]202266º
Innovation Ranking [+]201831º
Labour
Unemployment Rate [+]May 20246.8%
Unemployment rate [+]2024Q17.7%
Unemployed [+]2024Q11,974K
Average Wage [+]2023$36,215
Average Wage [+]2023€33,492
Human Capital Ranking [+]201735º
Markets
US Dollar exchange rate [+]07/26/20240.9208
10-Year Bond Yield [+]07/26/20243.76%
Risk Premium [+]07/26/2024136
Stock ExchangeYTD % [+]07/15/202413.26%
Prices
CPI (overall index) [+]June 20240.8%
HICP [+]June 20240.9%
PPI Year on Year [+]April 2024-8.1%
Money Market
Key rates [+]06/12/20244.25%
Business
Doing Business [+]202058º
IPI Year on Year [+]April 2024-2.9%
Passengers vehicles Year [+]December 20221,316,392
Annual Vehicles/ 1,000 p. [+]December 202225.50
Motor vehicle production [+]2022796,394
Vehicles / 1,000 people [+]2021765.75
Taxes
Tax Revenue (%GDP) [+]202342.5%
Standard VAT [+]10/01/201322.00%
Top tax rate + SSC [+]202252.2%
Trade
Annual arrivals [+]201964,512,919
Exports [+]2023€626,204.5M
Exports [+]2023$676,963.3M
Exports % GDP [+]202330.03%
Imports [+]2023€591,831.5M
Imports [+]2023$639,630.1M
Imports % GDP [+]202328.38%
Trade balance [+]2023€34,373.0M
Trade balance [+]2023$37,333.2M
Trade balance % GDP [+]20231.65%
Retail Sales YoY [+]December 2023-2.9%
Socio-Demography
Global AgeWatch Ranking [+]201537º
Density [+]2023195
Global Peace Ranking [+]202334º
Crude divorce rate [+]20221.40‰
Remittance received ($M) [+]20179,287.4
% Immigrant [+]202010.78%
% Emigrant [+]20205.50%
Birth Rate [+]20236.40‰
Remittance sent ($M) [+]201717,369.1
Crude death rate [+]202311.20‰
Fertility Rate [+]20221.24
Crude marriage rate [+]20223.20‰
% risk of poverty [+]202318.9%
Population [+]202358,989,749
Immigrant stock [+]20206,386,998
Emigrant stock [+]20203,258,831
HDI [+]20210.895
Gender Gap Ranking [+]202379º
Life expectancy [+]202383.80
Suicides [+]20213,852
Suicide rate [+]20216.43
Number of homicides [+]2022322
Rate Homicides per 100.000 [+]20220.55
Energy and Environment
CO2 Tons per capita [+]20225.48
Annual crude oil production [+]202385
Crude Oil Reserves [+]2021497.9
Consumption GWh [+]2022298,320
Generation GWh [+]2022274,164
Others
COVID-19 - Deaths [+]07/07/2024197,081
COVID-19 - Confirmed [+]07/07/202426,727,644
Fully vaccinated [+]11/16/202347,947,097
COVID-19 - Deaths per million population [+]07/07/20243,340.94
Doses administered [+]11/16/2023144,608,839