Italy Italy

Subscribe to our free email alert service

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

Italy, with a population of 58,983,122 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 2021 was 2,678,098 millions of euros (3,169,955 millions of dollars), ( 150.3% debt-to-GDP ratio) and its public debt per capita is €45,404 euros per inhabitant$53,743 dollars per inhabitant.

The last annual rate of CPI published in Italy was on January of 2023 and it was 10.1%.

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 [+]2022Q38,023K
Annual GDP [+]2021€1,782,050M
Annual GDP [+]2021$2,101,275M
GDP per capita [+]2021€30,140
GDP per capita [+]2021$35,625
Quarterly GDP [+]2022Q3€473,234M
Debt (M.€.) [+]20212,678,098
Debt ($M) [+]20213,169,955
Debt (%GDP) [+]2021150.30%
Debt Per Capita [+]2021€45,404
Debt Per Capita [+]2021$53,743
Deficit (M.€) [+]2021-128,902
Deficit ($M) [+]2021-150,768
Deficit (%GDP) [+]2021-7.20%
Expenditure (M.€) [+]2021986,168.0
Expenditure ($M) [+]20211,165,146.7
Education Expenditure (M.€) [+]201875,385.4
Education Expenditure ($M) [+]201889,067.2
Education Expenditure (%Bud.) [+]20188.80%
Gov. Health Exp. (M.€) [+]2021126,857.0
Gov. Health Exp.($M) [+]2021150,033.8
Gov. Health Exp. (%Bud.) [+]201713.42%
Defence Expenditure (M.€) [+]202022,844.0
Defence Expenditure ($M) [+]202026,156.1
Defence Expenditure (%Bud.) [+]20202.42%
Expenditure (%GDP) [+]202155.30%
Expenditure Per Capita [+]2021€16,719
Expenditure Per Capita [+]2021$19,754
Education Expenditure P.C [+]2018€1,259
Education Expenditure P.C [+]2018$1,486
Gov. Health Exp. P.C. [+]2021€2,142
Gov. Health Exp. P.C. [+]2021$2,533
Defence Expenditure P.C. [+]2020€384
Defence Expenditure P.C. [+]2020$499
Moody's Rating [+]08/05/2022Baa3
S&P Rating [+]07/26/2022BBB
Fitch Rating [+]12/03/2021BBB
Corruption Index [+]202256
Competitiveness Ranking [+]201930º
Fragile States Index [+]201843.8
RTI Raking [+]09/28/201863º
Innovation Ranking [+]201831º
Labour
Unemployment Rate [+]December 20227.8%
Unemployment rate [+]2022Q37.7%
Unemployed [+]2022Q31,927K
Average Wage [+]2021$37,915
Average Wage [+]2021€32,058
Human Capital Ranking [+]201735º
Markets
US Dollar exchange rate [+]02/03/20230.9143
10-Year Bond Yield [+]02/03/20234.02%
Risk Premium [+]02/03/2023183
Stock ExchangeYTD % [+]02/03/202313.68%
Prices
CPI (overall index) [+]January 202310.1%
HICP [+]January 202310.9%
PPI Year on Year [+]December 202239.2%
Money Market
Key rates [+]12/21/20222.50%
Business
Doing Business [+]202058º
IPI Year on Year [+]November 2022-3.7%
Passengers vehicles Year [+]December 20221,316,392
Annual Vehicles/ 1,000 p. [+]December 202225.51
Motor vehicle production [+]2020777,165
Vehicles / 1,000 people [+]2020759.67
Taxes
Tax Revenue (%GDP) [+]202143.4%
Standard VAT [+]10/01/201322.00%
Top tax rate + SSC [+]202152.8%
Trade
Annual arrivals [+]201964,512,919
Exports [+]2021€520,771.1M
Exports [+]2021$610,285.1M
Exports % GDP [+]202129.22%
Imports [+]2021€480,437.4M
Imports [+]2021$550,387.7M
Imports % GDP [+]202126.96%
Trade balance [+]2021€40,333.7M
Trade balance [+]2021$59,897.4M
Trade balance % GDP [+]20212.26%
Retail Sales YoY [+]November 2022-2.7%
Socio-Demography
Global AgeWatch Ranking [+]201537º
Density [+]2021195
Global Peace Ranking [+]202232º
Crude divorce rate [+]20201.10‰
Remittance received ($M) [+]20179,287.4
% Immigrant [+]201910.52%
% Emigrant [+]20195.16%
Birth Rate [+]20216.80‰
Remittance sent ($M) [+]201717,369.1
Crude death rate [+]202112.00‰
Fertility Rate [+]20201.24
Crude marriage rate [+]20201.60‰
% risk of poverty [+]202120.1%
Population [+]202158,983,122
Immigrant stock [+]20196,273,722
Emigrant stock [+]20193,077,777
HDI [+]20210.895
Gender Gap Ranking [+]202263º
Life expectancy [+]202182.90
Suicides [+]20193,725
Suicide rate [+]20196.12
Number of homicides [+]2020285
Rate Homicides per 100.000 [+]20200.47
Energy and Environment
CO2 Tons per capita [+]20215.41
Annual crude oil production [+]202197
Crude Oil Reserves [+]2021497.9
Consumption GWh [+]2021299,922
Generation GWh [+]2021274,179
Others
COVID-19 - Deaths [+]02/03/2023187,272
COVID-19 - Confirmed [+]02/03/202325,488,166
Fully vaccinated [+]02/01/202347,974,425
COVID-19 - Deaths per million population [+]02/03/20233,175.01
Doses administered [+]02/01/2023143,695,672