2014 Edition
CIA World Factbook 2014 Archive (HTML)
Introduction
Background
Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II. An era of parliamentary government came to a close in the early 1920s when Benito MUSSOLINI established a Fascist dictatorship. His alliance with Nazi Germany led to Italy's defeat in World War II. A democratic republic replaced the monarchy in 1946 and economic revival followed. Italy is a charter member of NATO and the European Economic Community (EEC). It has been at the forefront of European economic and political unification, joining the Economic and Monetary Union in 1999. Persistent problems include sluggish economic growth, high youth and female unemployment, organized crime, corruption, and economic disparities between southern Italy and the more prosperous north.
Geography
Area
- 301,340 sq km 294,140 sq km 7,200 sq km includes Sardinia and Sicily
- total
- 301,340 sq km
- water
- 7,200 sq km
Area - comparative
Area comparison map:
Climate
predominantly Mediterranean; Alpine in far north; hot, dry in south
Coastline
7,600 km
Elevation extremes
- Mediterranean Sea 0 m Mont Blanc (Monte Bianco) de Courmayeur 4,748 m (a secondary peak of Mont Blanc)
- highest point
- Mont Blanc (Monte Bianco) de Courmayeur 4,748 m (a secondary peak of Mont Blanc)
- lowest point
- Mediterranean Sea 0 m
Environment - current issues
air pollution from industrial emissions such as sulfur dioxide; coastal and inland rivers polluted from industrial and agricultural effluents; acid rain damaging lakes; inadequate industrial waste treatment and disposal facilities
Environment - international agreements
- Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling none of the selected agreements
- party to
- Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
- signed, but not ratified
- none of the selected agreements
Freshwater withdrawal (domestic/industrial/agricultural)
- 45.41 cu km/yr (24%/43%/34%) 789.8 cu m/yr (2008)
- per capita
- 789.8 cu m/yr (2008)
- total
- 45.41 cu km/yr (24%/43%/34%)
Geographic coordinates
42 50 N, 12 50 E
Geography - note
strategic location dominating central Mediterranean as well as southern sea and air approaches to Western Europe
Irrigated land
39,510 sq km (2007)
Land boundaries
- 1,836 km Austria 404 km, France 476 km, Holy See (Vatican City) 3 km, San Marino 37 km, Slovenia 218 km, Switzerland 698 km
- border countries
- Austria 404 km, France 476 km, Holy See (Vatican City) 3 km, San Marino 37 km, Slovenia 218 km, Switzerland 698 km
- total
- 1,836 km
Land use
- 22.57% 8.37% 69.07% (2011)
- arable land
- 22.57%
- other
- 69.07% (2011)
- permanent crops
- 8.37%
Location
Southern Europe, a peninsula extending into the central Mediterranean Sea, northeast of Tunisia
Map references
Europe
Maritime claims
- 12 nm 200 m depth or to the depth of exploitation
- continental shelf
- 200 m depth or to the depth of exploitation
- territorial sea
- 12 nm
Natural hazards
- regional risks include landslides, mudflows, avalanches, earthquakes, volcanic eruptions, flooding; land subsidence in Venice significant volcanic activity; Etna (elev. 3,330 m), which is in eruption as of 2010, is Europe's most active volcano; flank eruptions pose a threat to nearby Sicilian villages; Etna, along with the famous Vesuvius, which remains a threat to the millions of nearby residents in the Bay of Naples area, have both been deemed Decade Volcanoes by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to their explosive history and close proximity to human populations; Stromboli, on its namesake island, has also been continuously active with moderate volcanic activity; other historically active volcanoes include Campi Flegrei, Ischia, Larderello, Pantelleria, Vulcano, and Vulsini
- volcanism
- significant volcanic activity; Etna (elev. 3,330 m), which is in eruption as of 2010, is Europe's most active volcano; flank eruptions pose a threat to nearby Sicilian villages; Etna, along with the famous Vesuvius, which remains a threat to the millions of nearby residents in the Bay of Naples area, have both been deemed Decade Volcanoes by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to their explosive history and close proximity to human populations; Stromboli, on its namesake island, has also been continuously active with moderate volcanic activity; other historically active volcanoes include Campi Flegrei, Ischia, Larderello, Pantelleria, Vulcano, and Vulsini
Natural resources
coal, mercury, zinc, potash, marble, barite, asbestos, pumice, fluorspar, feldspar, pyrite (sulfur), natural gas and crude oil reserves, fish, arable land
Terrain
mostly rugged and mountainous; some plains, coastal lowlands
Total renewable water resources
191.3 cu km (2011)
People and Society
Age structure
- 13.8% (male 4,340,943/female 4,154,547) 9.8% (male 3,046,202/female 3,028,190) 43% (male 13,107,098/female 13,405,812) 12.4% (male 3,703,329/female 3,942,261) 20.8% (male 5,548,047/female 7,403,693) (2014 est.)
- 0-14 years
- 13.8% (male 4,340,943/female 4,154,547)
- 15-24 years
- 9.8% (male 3,046,202/female 3,028,190)
- 25-54 years
- 43% (male 13,107,098/female 13,405,812)
- 55-64 years
- 12.4% (male 3,703,329/female 3,942,261)
- 65 years and over
- 20.8% (male 5,548,047/female 7,403,693) (2014 est.)
Birth rate
8.84 births/1,000 population (2014 est.)
Death rate
10.1 deaths/1,000 population (2014 est.)
Dependency ratios
- 55 % 21.8 % 33.3 % 3 (2014 est.)
- elderly dependency ratio
- 33.3 %
- potential support ratio
- 3 (2014 est.)
- total dependency ratio
- 55 %
- youth dependency ratio
- 21.8 %
Drinking water source
- urban: 100% of population rural: 100% of population total: 100% of population urban: 0% of population rural: 0% of population total: 0% of population (2012 est.)
- rural
- 0% of population
- total
- 0% of population (2012 est.)
- urban
- 0% of population
Education expenditures
4.5% of GDP (2010)
Ethnic groups
Italian (includes small clusters of German-, French-, and Slovene-Italians in the north and Albanian-Italians and Greek-Italians in the south)
Health expenditures
9.5% of GDP (2011)
HIV/AIDS - adult prevalence rate
0.3% (2009 est.)
HIV/AIDS - deaths
fewer than 1,000 (2009 est.)
HIV/AIDS - people living with HIV/AIDS
140,000 (2009 est.)
Hospital bed density
3.5 beds/1,000 population (2010)
Infant mortality rate
- 3.31 deaths/1,000 live births 3.51 deaths/1,000 live births 3.1 deaths/1,000 live births (2014 est.)
- female
- 3.1 deaths/1,000 live births (2014 est.)
- total
- 3.31 deaths/1,000 live births
Languages
Italian (official), German (parts of Trentino-Alto Adige region are predominantly German-speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area)
Life expectancy at birth
- 82.03 years 79.4 years 84.82 years (2014 est.)
- female
- 84.82 years (2014 est.)
- total population
- 82.03 years
Literacy
- age 15 and over can read and write 99% 99.2% 98.7% (2011 est.)
- definition
- age 15 and over can read and write
- female
- 98.7% (2011 est.)
- male
- 99.2%
- total population
- 99%
Major urban areas - population
ROME (capital) 3.298 million; Milan 2.909 million; Naples 2.373 million; Turin 1.613 million; Palermo 915,000; Bergamo 784,000 (2011)
Maternal mortality rate
4 deaths/100,000 live births (2010)
Median age
- 44.5 years 43.3 years 45.6 years (2014 est.)
- female
- 45.6 years (2014 est.)
- male
- 43.3 years
- total
- 44.5 years
Mother's mean age at first birth
30.3 (2011 est.)
Nationality
- Italian(s) Italian
- adjective
- Italian
- noun
- Italian(s)
Net migration rate
4.29 migrant(s)/1,000 population (2014 est.)
Obesity - adult prevalence rate
19.8% (2008)
Physicians density
3.8 physicians/1,000 population (2009)
Population
61,680,122 (July 2014 est.)
Population growth rate
0.3% (2014 est.)
Religions
Christian 80% (overwhelmingly Roman Catholic with very small groups of Jehovah's Witnesses and Protestants), Muslim (about 800,000 to 1 million), Atheist and Agnostic 20%
School life expectancy (primary to tertiary education)
- 16 years 16 years 17 years (2011)
- female
- 17 years (2011)
- male
- 16 years
- total
- 16 years
Sex ratio
- 1.06 male(s)/female 1.05 male(s)/female 1.01 male(s)/female 0.98 male(s)/female 0.93 male(s)/female 0.74 male(s)/female 0.93 male(s)/female (2014 est.)
- 0-14 years
- 1.05 male(s)/female
- 15-24 years
- 1.01 male(s)/female
- 25-54 years
- 0.98 male(s)/female
- 55-64 years
- 0.93 male(s)/female
- 65 years and over
- 0.74 male(s)/female
- at birth
- 1.06 male(s)/female
- total population
- 0.93 male(s)/female (2014 est.)
Total fertility rate
1.42 children born/woman (2014 est.)
Unemployment, youth ages 15-24
- 35.3% 33.7% 37.5% (2012)
- female
- 37.5% (2012)
- total
- 35.3%
Urbanization
- 68.4% of total population (2011) 0.49% annual rate of change (2010-15 est.)
- rate of urbanization
- 0.49% annual rate of change (2010-15 est.)
- urban population
- 68.4% of total population (2011)
Government
Administrative divisions
- 15 regions (regioni, singular - regione) and 5 autonomous regions (regioni autonome, singular - regione autonoma) Abruzzo, Basilicata, Calabria, Campania, Emilia-Romagna, Lazio (Latium), Liguria, Lombardia, Marche, Molise, Piemonte (Piedmont), Puglia (Apulia), Toscana (Tuscany), Umbria, Veneto (Venetia) Friuli-Venezia Giulia; Sardegna (Sardinia); Sicilia (Sicily); Trentino-Alto Adige (Trentino-South Tyrol) or Trentino-Suedtirol (German); Valle d'Aosta (Aosta Valley) or Vallee d'Aoste (French)
- autonomous regions
- Friuli-Venezia Giulia; Sardegna (Sardinia); Sicilia (Sicily); Trentino-Alto Adige (Trentino-South Tyrol) or Trentino-Suedtirol (German); Valle d'Aosta (Aosta Valley) or Vallee d'Aoste (French)
- regions
- Abruzzo, Basilicata, Calabria, Campania, Emilia-Romagna, Lazio (Latium), Liguria, Lombardia, Marche, Molise, Piemonte (Piedmont), Puglia (Apulia), Toscana (Tuscany), Umbria, Veneto (Venetia)
Capital
- Rome 41 54 N, 12 29 E UTC+1 (6 hours ahead of Washington, DC, during Standard Time) +1hr, begins last Sunday in March; ends last Sunday in October
- daylight saving time
- +1hr, begins last Sunday in March; ends last Sunday in October
- geographic coordinates
- 41 54 N, 12 29 E
- name
- Rome
- time difference
- UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
Constitution
previous 1848 (originally for Kingdom of Sardinia and adopted by Kingdom of Italy in 1861); latest enacted 22 December 1947, adopted 27 December 1947, entered into force 1 January 1948; amended many times, last in 2012 (2013)
Country name
- Italian Republic Italy Repubblica Italiana Italia Kingdom of Italy
- conventional long form
- Italian Republic
- conventional short form
- Italy
- former
- Kingdom of Italy
- local long form
- Repubblica Italiana
- local short form
- Italia
Diplomatic representation from the US
- Ambassador John R. PHILLIPS (since 16 August 2013); note - also accredited to San Marino Via Vittorio Veneto 121, 00187-Rome PSC 59, Box 100, APO AE 09624 [39] (06) 46741 [39] (06) 4674-2244 Florence, Milan, Naples
- chief of mission
- Ambassador John R. PHILLIPS (since 16 August 2013); note - also accredited to San Marino
- consulate(s) general
- Florence, Milan, Naples
- embassy
- Via Vittorio Veneto 121, 00187-Rome
- FAX
- [39] (06) 4674-2244
- mailing address
- PSC 59, Box 100, APO AE 09624
- telephone
- [39] (06) 46741
Diplomatic representation in the US
- Ambassador Claudio BISOGNIERO (since 13 January 2012) 3000 Whitehaven Street NW, Washington, DC 20008 [1] (202) 612-4400 [1] (202) 518-2154 Boston, Chicago, Houston, Miami, New York, Los Angeles, Philadelphia, San Francisco Detroit, Newark (NJ), San Francisco
- chancery
- 3000 Whitehaven Street NW, Washington, DC 20008
- chief of mission
- Ambassador Claudio BISOGNIERO (since 13 January 2012)
- consulate(s)
- Detroit, Newark (NJ), San Francisco
- consulate(s) general
- Boston, Chicago, Houston, Miami, New York, Los Angeles, Philadelphia, San Francisco
- FAX
- [1] (202) 518-2154
- telephone
- [1] (202) 612-4400
Executive branch
- President Giorgio NAPOLITANO (since 15 May 2006) Prime Minister Matteo RENZI (since 22 February 2014); note - the prime minister is referred to as the President of the Council of Ministers Council of Ministers proposed by the prime minister and nominated by the President of the Republic president elected by an electoral college consisting of both houses of parliament and 58 regional representatives for a seven-year term (no term limits); election last held on 18-20 April 2013 (next scheduled for 2020); prime minister appointed by the president and confirmed by parliament; national parliamentary elections were last held on 24-25 February 2013 Giorgio NAPOLITANO elected president on the sixth round of voting; electoral college vote - 738 out of a possible 1,007 (504 votes required); Enrico LETTA sworn in as prime minister on 28 April 2013 following formal talks between the center-left Democratic Party (PD), the center-right People of Freedom party (PdL), the centrist Civic Choice, and President NAPOLITANO that also led to the creation of a broad coalition government; the talks coming after the February 2013 legislative election produced a stalemate that impeded government formation; the PdL split into the Forza Italia and the New Center Right (NCD) in November 2013 and only the NCD remained in the governing coalition
- cabinet
- Council of Ministers proposed by the prime minister and nominated by the President of the Republic
- chief of state
- President Giorgio NAPOLITANO (since 15 May 2006)
- election results
- Giorgio NAPOLITANO elected president on the sixth round of voting; electoral college vote - 738 out of a possible 1,007 (504 votes required); Enrico LETTA sworn in as prime minister on 28 April 2013 following formal talks between the center-left Democratic Party (PD), the center-right People of Freedom party (PdL), the centrist Civic Choice, and President NAPOLITANO that also led to the creation of a broad coalition government; the talks coming after the February 2013 legislative election produced a stalemate that impeded government formation; the PdL split into the Forza Italia and the New Center Right (NCD) in November 2013 and only the NCD remained in the governing coalition
- elections
- president elected by an electoral college consisting of both houses of parliament and 58 regional representatives for a seven-year term (no term limits); election last held on 18-20 April 2013 (next scheduled for 2020); prime minister appointed by the president and confirmed by parliament; national parliamentary elections were last held on 24-25 February 2013
- head of government
- Prime Minister Matteo RENZI (since 22 February 2014); note - the prime minister is referred to as the President of the Council of Ministers
Flag description
three equal vertical bands of green (hoist side), white, and red; design inspired by the French flag brought to Italy by Napoleon in 1797; colors are those of Milan (red and white) combined with the green uniform color of the Milanese civic guard similar to the flag of Mexico, which is longer, uses darker shades of red and green, and has its coat of arms centered on the white band; Ireland, which is longer and is green (hoist side), white, and orange; also similar to the flag of the Cote d'Ivoire, which has the colors reversed - orange (hoist side), white, and green
Government type
republic
Independence
17 March 1861 (Kingdom of Italy proclaimed; Italy was not finally unified until 1870)
International law organization participation
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
International organization participation
ADB (nonregional member), AfDB (nonregional member), Australia Group, BIS, BSEC (observer), CBSS (observer), CD, CDB, CE, CEI, CERN, EAPC, EBRD, ECB, EIB, EITI (implementing country), EMU, ESA, EU, FAO, FATF, G-20, G-7, G-8, G-10, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFAD, IFC, IFRCS, IGAD (partners), IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAIA (observer), MIGA, MINURSO, MINUSMA, NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Pacific Alliance (observer), Paris Club, PCA, PIF (partner), Schengen Convention, SELEC (observer), SICA (observer), UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, Union Latina, UNMISS, UNMOGIP, UNRWA, UNTSO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC
Judicial branch
- Supreme Court of Cassation or Corte Suprema di Cassazione (organized into penal, civil, administrative, and military divisions, each with a president and several judges); Constitutional Court or Corte Costituzionale (consists of 15 judges) Supreme Court judges appointed by the Superior Council of the Judiciary, headed by the president, to serve NA terms; Constitutional Court judges - 5 appointed by the president, 5 elected by parliament, 5 elected by select higher courts; judges serve up to 9 years) various lower civil and criminal courts (primary and secondary tribunals, courts, and courts of appeal)
- highest court(s)
- Supreme Court of Cassation or Corte Suprema di Cassazione (organized into penal, civil, administrative, and military divisions, each with a president and several judges); Constitutional Court or Corte Costituzionale (consists of 15 judges)
- judge selection and term of office
- Supreme Court judges appointed by the Superior Council of the Judiciary, headed by the president, to serve NA terms; Constitutional Court judges - 5 appointed by the president, 5 elected by parliament, 5 elected by select higher courts; judges serve up to 9 years)
- subordinate courts
- various lower civil and criminal courts (primary and secondary tribunals, courts, and courts of appeal)
Legal system
civil law system; judicial review of legislation under certain conditions in Constitutional Court
Legislative branch
- bicameral Parliament or Parlamento consists of the Senate or Senato della Repubblica (321 seats; members elected by proportional vote with the winning coalition in each region receiving 55% of seats from that region; members to serve five-year terms; and up to 5 senators for life appointed by the president of the Republic) and the Chamber of Deputies or Camera dei Deputati (630 seats; members elected by popular vote with the winning national coalition receiving 54% of chamber seats; members to serve five-year terms); note - it has not been clarified if each president has the power to designate up to five senators or if five is the number of senators for life who might sit in the Senate Senate - last held on 24-25 February 2013 (next to be held in 2018); Chamber of Deputies - last held on 24-25 February 2013 (next to be held in 2018) Senate - percent of vote by party - NA; seats by party - center-left coalition [Pier Luigi BERSANI] 123 (PD 111, SEL 7, SVP 2, other 3), center-right coalition [Silvio BERLUSCONI] 117 (PdL 98, LN 18, other 1), M5S 54, centrist coalition [Mario MONTI] 19, other 2; Chamber of Deputies - percent of vote by party - NA; seats by party - center-left coalition [Pier Luigi BERSANI] 345 (PD 297, SEL 37, CD 6 SVP 5), center-right coalition [Silvio BERLUSCONI] 125 (PdL 98, LN 18, FdI 9), M5S 109, centrist coalition [Mario MONTI] 47, other 4; note - President NAPOLITANO dissolved Parliament on 22 December 2012
- election results
- Senate - percent of vote by party - NA; seats by party - center-left coalition [Pier Luigi BERSANI] 123 (PD 111, SEL 7, SVP 2, other 3), center-right coalition [Silvio BERLUSCONI] 117 (PdL 98, LN 18, other 1), M5S 54, centrist coalition [Mario MONTI] 19, other 2; Chamber of Deputies - percent of vote by party - NA; seats by party - center-left coalition [Pier Luigi BERSANI] 345 (PD 297, SEL 37, CD 6 SVP 5), center-right coalition [Silvio BERLUSCONI] 125 (PdL 98, LN 18, FdI 9), M5S 109, centrist coalition [Mario MONTI] 47, other 4; note - President NAPOLITANO dissolved Parliament on 22 December 2012
- elections
- Senate - last held on 24-25 February 2013 (next to be held in 2018); Chamber of Deputies - last held on 24-25 February 2013 (next to be held in 2018)
National anthem
- "Il Canto degli Italiani" (The Song of the Italians) Goffredo MAMELI/Michele NOVARO adopted 1946; the anthem, originally written in 1847, is also known as "L'Inno di Mameli" (Mameli's Hymn), and "Fratelli D'Italia" (Brothers of Italy)
- lyrics/music
- Goffredo MAMELI/Michele NOVARO
- name
- "Il Canto degli Italiani" (The Song of the Italians)
National holiday
Republic Day, 2 June (1946)
National symbol(s)
white, five-pointed star (Stella d'Italia)
Political parties and leaders
- Forza Italia [Silvio BERLUSCONI] The New Center-Right or NCD [Angelino ALFANO] Northern League or LN [Roberto MARONI] Brothers of Italy or Fdl [Giorgia MELONI, Ignazio LA RUSSA, and Guido CROSETTO] The Right or LD [Francesco STORACE] other minor parties Democratic Party or PD [Matteo RENZI] Left Ecology Freedom or SEL [Nichi VENDOLA] Italian Socialist Party or PSI [Riccardo NENCINI] Democratic Centre or CD [Bruno TABACCI and Massimo DONADI] South Tyrolean People's Party or SVP [Arno KOMPATSCHER] Civic Choice or SC [Alberto BOMBASSEI] Union of the Center or UdC [Pier Ferdinando CASINI] Future and Freedom for Italy or FLI [vacant] Five Star Movment or M5S [Beppe GRILLO] Civil Revolution or RC [Antonio INGROIA] Act to Stop the Decline or FiD [Michele BOLDRIN]
- Center-left parties
- :
- Center-right parties
- :
- Centrist parties
- :
- other coalitions and parties
- :
Political pressure groups and leaders
manufacturers and merchants associations - Confcommercio; Confindustria organized farm groups - Confcoltivatori; Confagricoltura; Roman Catholic Church three major trade union confederations - Confederazione Generale Italiana del Lavoro or CGIL [Susanna CAMUSSO] which is left wing; Confederazione Italiana dei Sindacati Lavoratori or CISL [Raffaele BONANNI], which is Roman Catholic centrist; Unione Italiana del Lavoro or UIL [Luigi ANGELETTI] which is lay centrist
Suffrage
18 years of age; universal except in senatorial elections, where minimum age is 25
Economy
Agriculture - products
fruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain, olives; beef, dairy products; fish
Budget
- $984 billion $1.052 trillion (2013 est.)
- expenditures
- $1.052 trillion (2013 est.)
- revenues
- $984 billion
Budget surplus (+) or deficit (-)
-3.3% of GDP (2013 est.)
Central bank discount rate
0.25% (31 December 2013) 0.75% (31 December 2012) this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Commercial bank prime lending rate
5.2% (31 December 2013 est.) 5.22% (31 December 2012 est.)
Current account balance
-$2.4 billion (2013 est.) -$14.88 billion (2012 est.)
Debt - external
$2.604 trillion (31 December 2013 est.) $2.516 trillion (31 December 2012 est.)
Distribution of family income - Gini index
31.9 (2012 est.) 27.3 (1995)
Economy - overview
Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.
Exchange rates
euros (EUR) per US dollar - 0.7634 (2013 est.) 0.7752 (2012 est.) 0.755 (2010 est.) 0.7198 (2009 est.) 0.6827 (2008 est.)
Exports
$474 billion (2013 est.) $478.9 billion (2012 est.)
Exports - commodities
engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; food, beverages and tobacco; minerals, nonferrous metals
Exports - partners
Germany 12.63%, France 11.11%, United States 6.84%, Switzerland 5.72%, United Kingdom 4.72%, Spain 4.48% (2013 est.)
Fiscal year
calendar year
GDP - composition, by end use
- 60% 20.6% 17.6% -0.3% 30.1% -27.9% (2013 est.)
- exports of goods and services
- 30.1%
- government consumption
- 20.6%
- household consumption
- 60%
- imports of goods and services
- -27.9%
- investment in fixed capital
- 17.6%
- investment in inventories
- -0.3%
GDP - composition, by sector of origin
- 2% 24.4% 73.5% (2013 est.)
- agriculture
- 2%
- industry
- 24.4%
- services
- 73.5% (2013 est.)
GDP - per capita (PPP)
$29,600 (2013 est.) $29,800 (2012 est.) $30,100 (2011 est.) data are in 2013 US dollars
GDP - real growth rate
-1.8% (2013 est.) -2.4% (2012 est.) 0.4% (2011 est.)
GDP (official exchange rate)
$2.068 trillion (2013 est.)
GDP (purchasing power parity)
$1.805 trillion (2013 est.) $1.838 trillion (2012 est.) $1.883 trillion (2011 est.) data are in 2013 US dollars
Gross national saving
17.4% of GDP (2013 est.) 16.9% of GDP (2012 est.) 16.4% of GDP (2011 est.)
Household income or consumption by percentage share
- 2.3% 26.8% (2000)
- highest 10%
- 26.8% (2000)
- lowest 10%
- 2.3%
Imports
$435.8 billion (2013 est.) $453.5 billion (2012 est.)
Imports - commodities
engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages, and tobacco
Imports - partners
Germany 14.73%, France 8.4%, China 8.4%, Russia 6.35%, Netherlands 5.85%, Spain 4.54%, Belgium 4.09% (2013 est.)
Industrial production growth rate
-2.7% (2013 est.)
Industries
tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics
Inflation rate (consumer prices)
1.2% (2013 est.) 3% (2012 est.)
Labor force
25.74 million (2013 est.)
Labor force - by occupation
- 3.9% 28.3% 67.8% (2011)
- agriculture
- 3.9%
- industry
- 28.3%
- services
- 67.8% (2011)
Market value of publicly traded shares
$480.5 billion (31 December 2012 est.) $431.5 billion (31 December 2011) $318.1 billion (31 December 2010 est.)
Population below poverty line
29.9% (2012)
Public debt
- 133% of GDP (2013 est.) 126.9% of GDP (2012 est.) Italy reports its data on public debt according to guidelines set out in the Maastricht Treaty; general government gross debt is defined in the Maastricht Treaty as consolidated general government gross debt at nominal value, outstanding at the end of the year, in the following categories of government liabilities (as defined in ESA95): currency and deposits (AF.2), securities other than shares excluding financial derivatives (AF.3, excluding AF.34), and loans (AF.4); the general government sector comprises the central government, state government, local government and social security funds
- Italy reports its data on public debt according to guidelines set out in the Maastricht Treaty; general government gross debt is defined in the Maastricht Treaty as consolidated general government gross debt at nominal value, outstanding at the end of the
- currency and deposits (AF.2), securities other than shares excluding financial derivatives (AF.3, excluding AF.34), and loans (AF.4); the general government sector comprises the central government, state government, local government and social security funds
Reserves of foreign exchange and gold
$181.7 billion (31 December 2012 est.) $173.3 billion (31 December 2011 est.)
Stock of broad money
$2.15 trillion (31 December 2013 est.) $2.134 trillion (31 December 2012 est.)
Stock of direct foreign investment - abroad
$683.6 billion (31 December 2013 est.) $653.3 billion (31 December 2012 est.)
Stock of direct foreign investment - at home
$466.3 billion (31 December 2013 est.) $457.8 billion (31 December 2012 est.)
Stock of domestic credit
$3.407 trillion (31 December 2013 est.) $3.438 trillion (31 December 2012 est.)
Stock of narrow money
$1.138 trillion (31 December 2013 est.) $1.162 trillion (31 December 2012 est.) see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 17 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders
Taxes and other revenues
47.6% of GDP (2013 est.)
Unemployment rate
12.4% (2013 est.) 10.7% (2012 est.)
Energy
Carbon dioxide emissions from consumption of energy
400.9 million Mt (2011 est.)
Crude oil - exports
6,300 bbl/day (2010 est.)
Crude oil - imports
1.591 million bbl/day (2010 est.)
Crude oil - production
112,000 bbl/day (2012 est.)
Crude oil - proved reserves
521.3 million bbl (1 January 2013 est.)
Electricity - consumption
307.2 billion kWh (2012 est.)
Electricity - exports
2.304 billion kWh (2012 est.)
Electricity - from fossil fuels
65% of total installed capacity (2011 est.)
Electricity - from hydroelectric plants
18% of total installed capacity (2011 est.)
Electricity - from nuclear fuels
0% of total installed capacity (2012 est.)
Electricity - from other renewable sources
15.8% of total installed capacity (2011 est.)
Electricity - imports
45.41 billion kWh (2012 est.)
Electricity - installed generating capacity
124.2 million kW (2012 est.)
Electricity - production
299.3 billion kWh (2012 est.)
Natural gas - consumption
68.7 billion cu m (2012 est.)
Natural gas - exports
324 million cu m (2012 est.)
Natural gas - imports
67.8 billion cu m (2012 est.)
Natural gas - production
7.8 billion cu m (2012 est.)
Natural gas - proved reserves
62.35 billion cu m (1 January 2013 est.)
Refined petroleum products - consumption
1.454 million bbl/day (2011 est.)
Refined petroleum products - exports
628,000 bbl/day (2010 est.)
Refined petroleum products - imports
393,300 bbl/day (2010 est.)
Refined petroleum products - production
6,600 bbl/day (2011 est.)
Communications
Broadcast media
two Italian media giants dominate - the publicly owned Radiotelevisione Italiana (RAI) with 3 national terrestrial stations and privately owned Mediaset with 3 national terrestrial stations; a large number of private stations and Sky Italia - a satellite TV network; RAI operates 3 AM/FM nationwide radio stations; some 1,300 commercial radio stations (2007)
Internet country code
.it
Internet hosts
25.662 million (2012)
Internet users
29.235 million (2009)
Telephone system
- modern, well-developed, fast; fully automated telephone, telex, and data services high-capacity cable and microwave radio relay trunks country code - 39; a series of submarine cables provide links to Asia, Middle East, Europe, North Africa, and US; satellite earth stations - 3 Intelsat (with a total of 5 antennas - 3 for Atlantic Ocean and 2 for Indian Ocean), 1 Inmarsat (Atlantic Ocean region), and NA Eutelsat (2011)
- domestic
- high-capacity cable and microwave radio relay trunks
- general assessment
- modern, well-developed, fast; fully automated telephone, telex, and data services
- international
- country code - 39; a series of submarine cables provide links to Asia, Middle East, Europe, North Africa, and US; satellite earth stations - 3 Intelsat (with a total of 5 antennas - 3 for Atlantic Ocean and 2 for Indian Ocean), 1 Inmarsat (Atlantic Ocean region), and NA Eutelsat (2011)
Telephones - main lines in use
21.656 million (2012)
Telephones - mobile cellular
97.225 million (2012)
Transportation
Airports
129 (2013)
Airports - with paved runways
- 11 (2013)
- 1,524 to 2,437 m
- 18
- 2,438 to 3,047 m
- 31
- 914 to 1,523 m
- 29
- over 3,047 m
- 9
- total
- 98
- under 914 m
- 11 (2013)
Airports - with unpaved runways
- 20 (2013)
- 1,524 to 2,437 m
- 1
- 914 to 1,523 m
- 10
- total
- 31
Heliports
5 (2013)
Merchant marine
- bulk carrier 105, cargo 42, carrier 1, chemical tanker 164, container 21, liquefied gas 28, passenger 25, passenger/cargo 154, petroleum tanker 59, refrigerated cargo 4, roll on/roll off 39, specialized tanker 9, vehicle carrier 30 90 (Denmark 4, France 2, Greece 7, Luxembourg 14, Netherlands 2, Nigeria 1, Norway 6, Singapore 1, Sweden 1, Switzerland 13, Taiwan 10, Turkey 4, UK 2, US 23) 201 (Bahamas 1, Belize 3, Cayman Islands 7, Cyprus 6, Georgia 2, Gibraltar 4, Greece 5, Liberia 47, Malta 45, Marshall Islands 1, Morocco 1, Netherlands 6, Panama 25, Portugal 12, Russia 14, Saint Vincent and the Grenadines 4, Singapore 5, Slovakia 2, Spain 1, Sweden 5, Turkey 1, UK 3, unknown 1) (2010)
- foreign-owned
- 90 (Denmark 4, France 2, Greece 7, Luxembourg 14, Netherlands 2, Nigeria 1, Norway 6, Singapore 1, Sweden 1, Switzerland 13, Taiwan 10, Turkey 4, UK 2, US 23)
- registered in other countries
- 201 (Bahamas 1, Belize 3, Cayman Islands 7, Cyprus 6, Georgia 2, Gibraltar 4, Greece 5, Liberia 47, Malta 45, Marshall Islands 1, Morocco 1, Netherlands 6, Panama 25, Portugal 12, Russia 14, Saint Vincent and the Grenadines 4, Singapore 5, Slovakia 2, Spain 1, Sweden 5, Turkey 1, UK 3, unknown 1) (2010)
- total
- 681
Pipelines
gas 20,223 km; oil 1,393 km; refined products 1,574 km (2013)
Ports and terminals
- Augusta, Cagliari, Genoa, Livorno, Taranto, Trieste, Venice Melilli (Santa Panagia) oil terminal, Sarroch oil terminal Genoa (1,847,648), Gioia Tauro (2,264,798), La Spezia (1,307,274)
- container port(s) (TEUs)
- Genoa (1,847,648), Gioia Tauro (2,264,798), La Spezia (1,307,274)
- major seaport(s)
- Augusta, Cagliari, Genoa, Livorno, Taranto, Trieste, Venice
- oil terminals
- Melilli (Santa Panagia) oil terminal, Sarroch oil terminal
Railways
- 20,255 km 18,611 km 1.435-m gauge (12,662 km electrified) 123 km 1.000-m gauge (123 km electrified); 1,290 km 0.950-m gauge (151 km electrified); 231 km 0.850-m gauge (2008)
- narrow gauge
- 123 km 1.000-m gauge (123 km electrified); 1,290 km 0.950-m gauge (151 km electrified); 231 km 0.850-m gauge (2008)
- total
- 20,255 km
Roadways
- 487,700 km 487,700 km (includes 6,700 km of expressways) (2007)
- total
- 487,700 km
Waterways
2,400 km (used for commercial traffic; of limited overall value compared to road and rail) (2012)
Military and Security
Manpower available for military service
- 13,865,688 14,003,755 (2010 est.)
- females age 16-49
- 14,003,755 (2010 est.)
- males age 16-49
- 13,865,688
Manpower fit for military service
- 11,247,446 11,348,695 (2010 est.)
- females age 16-49
- 11,348,695 (2010 est.)
- males age 16-49
- 11,247,446
Manpower reaching militarily significant age annually
- 288,188 281,671 (2010 est.)
- female
- 281,671 (2010 est.)
- male
- 288,188
Military branches
- Italian Armed Forces: Army (Esercito Italiano, EI), Navy (Marina Militare Italiana, MMI), Italian Air Force (Aeronautica Militare Italiana, AMI), Carabinieri Corps (Arma dei Carabinieri, CC) (2011)
- Italian Armed Forces
- Army (Esercito Italiano, EI), Navy (Marina Militare Italiana, MMI), Italian Air Force (Aeronautica Militare Italiana, AMI), Carabinieri Corps (Arma dei Carabinieri, CC) (2011)
Military expenditures
1.69% of GDP (2012) 1.72% of GDP (2011) 1.69% of GDP (2010)
Military service age and obligation
18-25 years of age for voluntary military service; women may serve in any military branch; Italian citizenship required; 12-month service obligation (2013)
Transnational Issues
Disputes - international
Italy's long coastline and developed economy entices tens of thousands of illegal immigrants from southeastern Europe and northern Africa
Illicit drugs
important gateway for and consumer of Latin American cocaine and Southwest Asian heroin entering the European market; money laundering by organized crime and from smuggling
Refugees and internally displaced persons
- 12,682 (Eritrea); 10,817 (Somalia); 6,695 (Afghanistan) (2013) 470 (2012)
- refugees (country of origin)
- 12,682 (Eritrea); 10,817 (Somalia); 6,695 (Afghanistan) (2013)
- stateless persons
- 470 (2012)