Economy of Italy

Imports

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

Import partnersGermany 15.7%, France 8.9%, China 7%, Netherlands 5.8%, Spain 4.8%, Belgium 4.1% (2012)

Exports

Exports commoditiesengineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; food, beverages and tobacco; minerals, nonferrous metals

Export partnersGermany 12.8%, France 11.3%, US 6.6%, Switzerland 5.8%, UK 5%, Spain 4.8% (2012)

Economy sectors

Agriculture productsfruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain, olives; beef, dairy products; fish

Industrial productstourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics

Economy

Unemployment Rate (not seasonally adjusted)13.1 % (2013-11)12.6 % (2013-10)12.1 % (2013-09)10.9 % (2013-08)10.8 % (2013-07)11.6 % (2013-06)

Unemployment Rate (not seasonally adjusted) of Italy

Unemployment Rate (seasonally adjusted)12.6 % (2014-05)12.5 % (2014-04)12.6 % (2014-03)12.7 % (2014-02)12.7 % (2014-01)12.5 % (2013-12)12.7 % (2013-11)12.4 % (2013-10)12.5 % (2013-09)12.3 % (2013-08)12.1 % (2013-07)12.1 % (2013-06)

Unemployment Rate (seasonally adjusted) of Italy

Reserves of foreign exchange and gold182 Billion $ (2012)173 Billion $ (2011)159 Billion $ (2010)

Reserves of foreign exchange and gold of Italy

Harmonized Indices of Consumer Prices0.40 Percentage change m/m-12 (2014-05)0.50 Percentage change m/m-12 (2014-04)0.30 Percentage change m/m-12 (2014-03)0.40 Percentage change m/m-12 (2014-02)0.60 Percentage change m/m-12 (2014-01)0.70 Percentage change m/m-12 (2013-12)0.70 Percentage change m/m-12 (2013-11)0.80 Percentage change m/m-12 (2013-10)0.90 Percentage change m/m-12 (2013-09)1.20 Percentage change m/m-12 (2013-08)1.20 Percentage change m/m-12 (2013-07)

Harmonized Indices of Consumer Prices of Italy

Inflation1.20 % (2013)3.30 % (2012)2.90 % (2011)

Unemployment12.4 % (2013)10.7 % (2012)8.40 % (2011)

GDP - Official Exchange Rate2.07 Trillion $ (2013)1.99 Trillion $ (2012)2.20 Trillion $ (2011)

GDP growth rate-1.80 % (2013)-2.40 % (2012)0.40 % (2011)

GDP per Capita (PPP)29,600 $ (2013)29,800 $ (2012)31,000 $ (2011)

GDP - Purchasing Power Parity1.81 Trillion $ (2013)1.81 Trillion $ (2012)1.88 Trillion $ (2011)

GDP PPP per land area5.99 Million $ per square kilometer (2013)6.02 Million $ per square kilometer (2012)6.23 Million $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity122 Million kW

Banking

Central bank discount rate0.25 % (2013)1.50 % (2012)1.75 % (2010)

Commercial bank prime lending rate5.20 % (2013)5.22 % (2012)4.60 % (2011)

Commercial bank prime lending rate of Italy

GDP decomposition by sector

Agriculture % of GDP2.00 % (2013)2.00 % (2012)

Industry % of GDP24.4 % (2013)24.2 % (2012)

Services % of GDP73.5 % (2013)73.8 % (2012)

Tourism

International tourism, number of arrivals46.4 Million (2012)46.1 Million (2011)43.6 Million (2010)

International tourism, number of departures28.8 Million (2012)29.3 Million (2011)29.8 Million (2010)

International tourism, number of departures of Italy

Yearly Tourist arrivals to residents ratio75.7 % (2012)75.6 % (2011)73.6 % (2010)

Yearly Tourist arrivals to residents ratio of Italy

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)133 % of GDP (2013)127 % of GDP (2012)120 % of GDP (2011)

Public debt (Percentage of GDP) of Italy

Budget surplus (+) or deficit (-)-2.90 % of GDP

Current Account Balance (Percentage of GDP)-0.40 % of GDP (2012)-3.06 % of GDP (2011)-3.53 % of GDP (2010)

Current Account Balance (Percentage of GDP) of Italy

Current Account Balance (Total)-2.40 Billion $ (2013)-15.21 Billion $ (2012)-71.87 Billion $ (2011)

Current Account Balance (Total) of Italy

External Debt (Total)2.60 Trillion $ (2013)2.49 Trillion $ (2012)2.68 Trillion $ (2011)

External Debt (Percentage of GDP)126 % of GDP (2013)125 % of GDP (2012)122 % of GDP (2011)

External Debt (Percentage of GDP) of Italy

External Debt per Capita42,354 $ (2013)40,695 $ (2012)43,988 $ (2011)