Imports$556.4 billion (2011 est.)
Exports$523.9 billion (2011 est.)
Inflation rate (consumer prices)2.9% (2011 est.)
Unemployment rate8.4% (2011 est.)
GDP - per capita (PPP)$30,900 (2011 est.)
National product real growth rate1.1% (2010 est.)
Internet users29.235 million (2009)
Telephones - mobile cellular82 million (2009)
Population growth rate0.38% (2012 est.)
Population61,261,254 (July 2012 est.)
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....
Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, welfare-dependent, agricultural south, with high unemployment.
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 15% of GDP....
The Economist Intelligence Unit
The Economist Intelligence Unit expects Italy to hold an early election in the next 12-18 months. Our baseline forecast is that a general election will take place in 2015. The survival of the coalition ...
This report contains detailed forecasts and analysis for Italy, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
Introduction Italy has played a significant role in the world economy and is one of the founding members of the EU. The country ranks amongst the top ten economies in the world based on real GDP. Italy ...
Recent surveys have been very encouraging, confirming our view that momentum in the economy is finally turning positive. However, the official statistics have yet to show any marked improvement, with industrial ...
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