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 58,997,201 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 9º largest economy by nominal GDP. Its national debt in 2022 was 2,757,547 millions of euros (2,905,508 millions of dollars), ( 141.7% debt-to-GDP ratio) and its public debt per capita is €46,740 euros per inhabitant$49,248 dollars per inhabitant.

The last annual rate of CPI published in Italy was on March of 2024 and it was 1.3%.

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 [+]2023Q48,941K
Annual GDP [+]2023€2,085,376M
Annual GDP [+]2023$2,254,917M
GDP per capita [+]2023€35,350
GDP per capita [+]2023$38,221
Quarterly GDP [+]2023Q4€527,492M
Debt (M.€.) [+]20222,757,547
Debt ($M) [+]20222,905,508
Debt (%GDP) [+]2022141.70%
Debt Per Capita [+]2022€46,740
Debt Per Capita [+]2022$49,248
Deficit (M.€) [+]2022-156,442
Deficit ($M) [+]2022-160,084
Deficit (%GDP) [+]2022-8.00%
Expenditure (M.€) [+]20221,091,530.0
Expenditure ($M) [+]20221,141,697.0
Education Expenditure (M.€) [+]201875,392.9
Education Expenditure ($M) [+]201889,075.9
Education Expenditure (%Bud.) [+]20188.80%
Gov. Health Exp. (M.€) [+]2022130,364,000,000.0
Gov. Health Exp.($M) [+]2022137,273,292,000.0
Gov. Health Exp. (%Bud.) [+]201713.42%
Defence Expenditure (M.€) [+]202232,958.0
Defence Expenditure ($M) [+]202233,783.5
Defence Expenditure (%Bud.) [+]20223.17%
Expenditure (%GDP) [+]202256.10%
Expenditure Per Capita [+]2022€18,501
Expenditure Per Capita [+]2022$19,352
Education Expenditure P.C [+]2018€1,259
Education Expenditure P.C [+]2018$1,486
Gov. Health Exp. P.C. [+]2022€2,208
Gov. Health Exp. P.C. [+]2022$2,325
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 [+]February 20247.5%
Unemployment rate [+]2023Q47.5%
Unemployed [+]2023Q41,938K
Average Wage [+]2022$35,649
Average Wage [+]2022€33,855
Human Capital Ranking [+]201735º
Markets
US Dollar exchange rate [+]04/17/20240.9400
10-Year Bond Yield [+]04/18/20243.85%
Risk Premium [+]04/18/2024139
Stock ExchangeYTD % [+]04/09/202411.84%
Prices
CPI (overall index) [+]March 20241.3%
HICP [+]March 20241.2%
PPI Year on Year [+]February 2024-14.2%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202058º
IPI Year on Year [+]February 2024-3.1%
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) [+]202242.7%
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$677,114.9M
Exports % GDP [+]202330.03%
Imports [+]2023€591,831.5M
Imports [+]2023$639,947.4M
Imports % GDP [+]202328.38%
Trade balance [+]2023€34,373.0M
Trade balance [+]2023$37,167.5M
Trade balance % GDP [+]20231.65%
Retail Sales YoY [+]December 2023-2.9%
Socio-Demography
Global AgeWatch Ranking [+]201537º
Density [+]2022195
Global Peace Ranking [+]202334º
Crude divorce rate [+]20221.40‰
Remittance received ($M) [+]20179,287.4
% Immigrant [+]202010.78%
% Emigrant [+]20205.50%
Birth Rate [+]20226.70‰
Remittance sent ($M) [+]201717,369.1
Crude death rate [+]202212.10‰
Fertility Rate [+]20221.24
Crude marriage rate [+]20223.20‰
% risk of poverty [+]202220.1%
Population [+]202258,997,201
Immigrant stock [+]20206,386,998
Emigrant stock [+]20203,258,831
HDI [+]20210.895
Gender Gap Ranking [+]202379º
Life expectancy [+]202282.80
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 [+]20215.41
Annual crude oil production [+]202283
Crude Oil Reserves [+]2021497.9
Consumption GWh [+]2021299,922
Generation GWh [+]2021274,179
Others
COVID-19 - Deaths [+]03/31/2024196,910
COVID-19 - Confirmed [+]03/31/202426,718,988
Fully vaccinated [+]11/16/202347,947,097
COVID-19 - Deaths per million population [+]03/31/20243,337.62
Doses administered [+]11/16/2023144,608,839