Economy of Italy. Statistics, Data and Indicators
Italy
| 60BBB | Credit rank #50 |
| 146.13 | Quality of life #36 |
| 41 | Corruption rank#47 |
| 58 | Ease of doing business#51 |
Italy Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 2108 USD Billion | 2021 |
| GDP Annual Growth Rate | 1.7 % | 4Q/22 |
| GDP Growth Rate | -0.1 % | 4Q/22 |
| GDP per capita | 31506 USD | 2021 |
| Inflation Rate YoY | 10.1 % | Jan/23 |
| Interest Rate | 3 % | Feb/23 |
| Unemployment Rate | 7.8 % | Dec/22 |
| Wages | 2475 EUR/ Month | 2671.719 USD/Month | 2021 |
| Balance of Trade | 1445 EUR Million | 1.56 B USD | Nov/22 |
| Current Account | 446 EUR Million | 0.481 B USD | Nov/22 |
| Foreign Exchange Reserves | 211201 EUR Million | 227.988 B USD | Dec/22 |
| Government Debt | 2764866 EUR Million | 2984.624 B USD | Nov/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 2108 USD Billion | 2021 |
| GDP Annual Growth Rate | 1.7 % | 4Q/22 |
| GDP Growth Rate | -0.1 % | 4Q/22 |
| GDP per capita | 31506 USD | 2021 |
| GDP Constant Prices | 437629 EUR Million | 472.413 B USD | 4Q/22 |
| GDP per capita PPP | 41929 USD | 2021 |
| GDP From Agriculture | 7613 EUR Million | 8.218 B USD | 3Q/22 |
| GDP From Construction | 21355 EUR Million | 23.052 B USD | 3Q/22 |
| GDP From Manufacturing | 75895 EUR Million | 81.927 B USD | 3Q/22 |
| GDP From Services | 290574 EUR Million | 313.669 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 151 % | 2021 |
| Government Budget Value | -17.77 EUR Billion | -19.182 USD Billion | Nov/22 |
| Government Spending | 80254 EUR Million | 86.633 USD Billion | 3Q/22 |
| Government Debt | 2764866 EUR Million | 2984.624 USD Billion | Nov/22 |
| Government Revenues | 60.69 EUR Billion | 65.514 USD Billion | Nov/22 |
| Fiscal Expenditure | 78.46 EUR Billion | 84.696 B USD | Nov/22 |
| Government Budget to GDP | -7.2 % | 2021 |
| Government Spending to GDP | 55.5 % | 2021 |
| Military Expenditure | 32006 USD Million | 32.006 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 119 index points | Jan/23 |
| Export Prices | 151 index points | Nov/22 |
| Food Inflation | 12.8 % | Jan/23 |
| Gasoline Prices | 2.14 USD/Liter | Jan/23 |
| GDP Deflator | 108 index points | 3Q/22 |
| Import Prices | 168 index points | Nov/22 |
| Inflation Rate YoY | 10.1 % | Jan/23 |
| Producer Prices | 164 index points | Dec/22 |
| Inflation Rate Mom | 0.2 % | Jan/23 |
| Core Consumer Prices | 111 Index Points | Jan/23 |
| Core Inflation Rate | 6.02 % | Jan/23 |
| CPI Housing Utilities | 171 Index Points | Jan/23 |
| CPI Transportation | 120 Index Points | Jan/23 |
| Harmonised Consumer Prices | 120 Index Points | Jan/23 |
| Producer Prices Change | 31.7 % | Dec/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 2.5 % | 2021 |
| Weapons Sales | 806 USD Million | 2020 |
| Balance of Trade | 1445 EUR Million | 1.56 USD Billion | Nov/22 |
| Capital Flows | 4260 EUR Million | 4.599 USD Billion | Nov/22 |
| Current Account | 446 EUR Million | 0.481 USD Billion | Nov/22 |
| Exports | 57327 EUR Million | 61.883 USD Billion | Nov/22 |
| External Debt | 2510439 EUR Million | 2709.974 USD Billion | 3Q/22 |
| Foreign Exchange Reserves | 211201 EUR Million | 227.988 USD Billion | Dec/22 |
| Imports | 55882 EUR Million | 60.324 USD Billion | Nov/22 |
| Terms of Trade | 89.5 Index Points | Nov/22 |
| Tourism Revenues | 2414 EUR Million | 2.606 B USD | Nov/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 3.84 % | Dec/22 |
| Gold Reserves | 2452 Tonnes | 4Q/22 |
| Interbank Rate | 2.35 % | Jan/23 |
| Interest Rate | 3 % | Feb/23 |
| Loans to Private Sector | 666224 EUR Million | 719.177 USD Billion | Nov/22 |
| Money Supply M1 | 1519318 EUR Million | 1640.077 USD Billion | Nov/22 |
| Money Supply M2 | 1894671 EUR Million | 2045.264 USD Billion | Nov/22 |
| Money Supply M3 | 1935169 EUR Million | 2088.981 USD Billion | Dec/22 |
| Central Bank Balance Sheet | 1482300 EUR Million | 1600.117 B USD | Dec/22 |
| Foreign Direct Investment | -3127 EUR Million | -3.376 B USD | Nov/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 67 | 2022 |
| Retirement Age Women | 67 | 2022 |
| Unemployment Rate | 7.8 % | Dec/22 |
| Wages | 2475 EUR/ Month | 2671.719 USD/Month | 2021 |
| Youth Unemployment Rate | 22.1 % | Dec/22 |
| Employed Persons | 23215 Thousand Person | 23.215 Million Person | Dec/22 |
| Employment Change | -0.1 % | 3Q/22 |
| Employment Rate | 60.3 % | Nov/22 |
| Full Time Employment | 14678 Hundreds Person | 1467.8 K Persons | 3Q/22 |
| Labor Force Participation Rate | 65.7 % | Dec/22 |
| Living Wage Family | 1440 EUR/Month | 1622.316 USD/Month | 2018 |
| Living Wage Individual | 935 EUR/Month | 1053.379 USD/Month | 2018 |
| Long Term Unemployment Rate | 4.7 % | 3Q/22 |
| Part Time Employment | 3489 Hundreds Person | 348.9 K Persons | 3Q/22 |
| Unemployed Persons | 1960 Thousand Persons | 1.96 Million Persons | Dec/22 |
| Wage Growth | 1.5 % | Dec/22 |
| Wages High Skilled | 2340 EUR/Month | 2636.263 USD/Month | 2018 |
| Wages Low Skilled | 1130 EUR/Month | 1273.067 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 24 % | 2022 |
| Personal Income Tax Rate | 43 % | 2022 |
| Sales Tax Rate | 22 % | 2022 |
| Social Security Rate | 40 % | 2022 |
| Social Security Rate For Companies | 30 % | 2022 |
| Social Security Rate For Employees | 10 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 87 BBL/D/1K | Sep/22 |
| Electricity Production | 22311 GWh | Dec/22 |
| Industrial Production | -3.7 % | Nov/22 |
| Mining Production | -3.86 % | Nov/22 |
| Steel Production | 1500 Thousand Tonnes | Dec/20 |
| Factory Orders | 1.7 % | Dec/20 |
| Industrial Production (MoM) | -0.3 % | Nov/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 2000 companies | 1Q/22 |
| Business Confidence | 103 index points | Jan/23 |
| Corruption Index | 56 index points | 2022 |
| Corruption Rank | 41 place | 2022 |
| Ease of Doing Business | 58 place | 2019 |
| Manufacturing PMI | 50.4 index points | Jan/23 |
| Manufacturing Production | -2.2 % | Nov/22 |
| Services PMI | 51.2 index points | Jan/23 |
| Competitiveness Index | 71.53 Index Points | 2019 |
| Competitiveness Rank | 30 | 2019 |
| Composite PMI | 51.2 Index Points | Jan/23 |
| Zew Economic Sentiment Index | 59.7 Index Points | Mar/21 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 101 index points | Jan/23 |
| Private Debt To GDP | 166 % | 2021 |
| Retail Sales MoM | 0.8 % | Nov/22 |
| Retail Sales YoY | 4.4 % | Nov/22 |
| Consumer Credit | 115032 EUR Million | 124.175 USD Billion | Nov/22 |
| Consumer Spending | 262903 EUR Million | 283.799 USD Billion | 3Q/22 |
| Disposable Personal Income | 319779 EUR Million | 345.196 B USD | 3Q/22 |
| Households Debt To GDP | 42.8 % | 2Q/22 |
| Households Debt To Income | 63.94 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 5.3 % | Nov/22 |
| Construction PMI | 47 Index Points | Dec/22 |
