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Economy of Italy. Statistics, Data and Indicators

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Italy
60BBB Credit rank #50
146.13 Quality of life #36
41 Corruption rank#47
58 Ease of doing business#51
Italy


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



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