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.)
About this country
Popular search for Italy
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
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