Main article: Italy
GDP
Main article: Italy's GDP
Financial system
Non-financial debt
2022: Aggregate non-financial debt
National debt
Main article: Italian State Debt
Inflation
2023: 8.1% in May
2022
Inflation in November - 11.8%
Inflation in July - 7.9%
July
2021: December inflation - 4.2%
Inflation in December 2021 in Italy reached its highest level in more than a decade, as rising energy costs contribute to higher prices.
In December, it was 4.2% compared to a year ago, while in the previous month price growth was 3.9%, the Italian statistical institute Istat said in a statement.
Key rate
Budget
2023: Budget deficit over €30bn per month
Italy's budget deficit in March 2023 reached the indicator that was during the economic shutdown in COVID-19.
2021: EU support program after COVID-19 pandemic
EU The Next Generation program - 750 billion euros (915 billion) dollars in grants and loans aimed at stimulating economic recovery - will begin in June 2021, with Southern countries receiving the lion's share. Europe
According to Bloomberg Economics, the program will allocate funding equivalent to almost 1% of the eurozone's GDP annually from 2022 to 2024, with spending gradually increasing from the second half of 2021.
2019: Cloud service providers taxed in Italy
At the end of December 2019, the Italian parliament passed a bill that introduces a 3% tax on the income of digital service providers (including cloud), which receive more than $831 million in revenue worldwide and at least $6 million in Italy. Read more here.
Investments
2023: Italy creates a state fund to invest in AI startups
On May 30, 2023, Deputy Foreign Minister Italy Alessio Butti announced that a specialized investment fund had been formed in the country to support startups in the region. artificial intelligence More. here
Stock market
2024: Issuers capitalization 40% of GDP
R&D
2020: R&D spending - $29.6 billion
Foreign trade
2023: 3x jump in exports to China
In a little more than a year, according to the results of February 2023, Italy's exports to China tripled. The problem is that even experts find it difficult to explain why.
In February, shipments to China topped 3 billion euros ($3.3 billion), up 131% from a year earlier. That followed another 137% jump a month earlier. For comparison, in January 2022, Italy exported goods and services worth about 1 billion euros to economy No. 2 in the world.
2022
Germany is the largest export destination
Trade deficit with China
2021
Seventh largest importer to Russia
Italy is among the largest arms exporters in 5 years with a share of 3.1%
2019
5th place in terms of imports to the Russian Federation
Exporting Computer Devices
The Impact of US President Trump's Administration's Trade Restrictions
2015: Top ten global apple exporters with 13.7% share
Telecommunications
2023: Italy passed a law on fines of 5 thousand euros for watching pirated videos on the Internet
On July 27, 2023, the authorities Italy passed a new law aimed at combating piracy on the Internet. Users caught watching illegal streaming video services will be fined €5,000. More. here
Real estate
2023: Commercial property deal volume collapse
In the second quarter of 2023, the volume of commercial real estate transactions in Europe fell by 58% to the lowest level since 2010.
The office segment suffered the most - the fall was 68%, while in the hotel segment the fall was 36%. In all major markets, there was a significant decrease in the volume of transactions.
Salaries
2022: Real wages below 2000 levels
2018: Salaries of top officials in government management
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2017: Average monthly salary
Labour market and unemployment
2023
Youth unemployment 21.3%
The decline in the number of employees aged 15 to 64 years
2022
The proportion of employees aged 65 or more - above 5%
Unemployment rate - 8.1%
2020: Unemployment rate - 11%
Pensions
2023: Minimum retirement age is 67
2020: Average retirement age for women - 61, for men - 62
Retail
2023: Retail slump as pressure attempts on Russia
2018: CRAI is the largest retail chain
Consumption
Tea
2018: Per capita tea consumption per kg per year
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Milk
2018: Milk consumption in litres per year per person
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Meat
2023: Pork is the most consumed type of meat
2019: Pork is the most consumed type of meat
Beer
2019: Beer consumption in litres per year per person
Foreign exchange reserves
Energy carriers
2023: Government contributions to pay for energy by citizens and companies reached 5% of GDP
2020: Energy consumption per capita
and
Energy supplies
Gasoline price
Lighting
Industry
2021:217 robots for 10,000 employees
Agriculture
2019: Average use of pesticides in agriculture
Tourism
2020:55 UNESCO-protected World Heritage Sites
2018: Italy is among the top countries in terms of tourism revenue
Alcohol market
Minimum age to purchase alcoholic beverages
Cars
2021: 440,000 cars produced
Diasporas in countries of the world
See also
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