What is the GDP of Italy?

Italy's GDP is approximately $2380.8 billion USD. The GDP growth rate is 0.7%.

What is the population of Italy?

Italy has a population of approximately 59 million people. The population growth rate is -0.1%.

What is the inflation rate in Italy?

The inflation rate in Italy is 1%.

What is the unemployment rate in Italy?

The unemployment rate in Italy is 6.4%.

What is the GDP per capita of Italy?

Italy's GDP per capita is approximately $40,385 USD.

Is Italy a good country to invest in?

Italy has an investment score of 72/100, classified as "Moderate" risk. Key sectors include Manufacturing, Fashion & Luxury, Tourism. Credit rating: NR.

How open is Italy's economy to trade?

Italy's trade openness (trade as % of GDP) is 63%. Exports total approximately $773.9B and imports $721.8B.

How much foreign investment does Italy attract?

Foreign direct investment (FDI) in Italy is 1.1% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Italy?

Italy's economy is composed of services (65% of GDP), industry (22% of GDP), and agriculture (2% of GDP).

Can I start a business in Italy as a foreigner?

Italy offers various options for foreign entrepreneurs. Visit our business setup guide for Italy for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Italy's economy growing?

Italy's GDP growth rate is 0.7%. The economy is growing at a moderate pace.

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Italy Economy Overview

Name: Italy Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaHigh IncomeCapital: RomeITA

Moderate

Growing

2,380.8B USD

GDP (Nominal)

Growing at 0.7%

$40,385

GDP Per Capita

High income level

59M

Population

-0.1% annual growth

Stable

Inflation

Price stability

63%of GDP

Trade Openness

1.1%of GDP

FDI Inflows

Public Debt

High

6.4%

Unemployment

Surplus

+$52.1B

Trade Balance

GDP

Billion USD, nominal

$2,380.8B

2024+64.1B

GDP Growth

Annual %

0.7%

2024-0.3%

Inflation

Consumer prices, annual %

2024-4.6%

Population

Millions

59M

2024-0.0M

Economic Structure

Services65%

Industry22%

Agriculture2%

Investment Score Breakdown

Economic Health (30%)70

Political Safety (25%)72

Business Climate (20%)68

Financial Strength (15%)72

Growth Potential (10%)72

Key Sectors

Manufacturing

16.5% of GDP

stable

Fashion & Luxury

5.2% of GDP

growing

Tourism

13.2% of GDP

growing

Agriculture & Food

2.2% of GDP

stable

Should I Invest in Italy?

BuySetup: ComplexROI: Uncertain

Italy scores 72/100 on the NationsData Investment Index, rated "Moderate". Growth is subdued at 0.8%. Business setup takes approximately 49 days with a corporate tax rate of 24%.

Investment Score72/100

GDP Growth0.8%

Inflation2.2%

FDI/GDP1.5%

Public Debt140.5%

Political Stability0.4

Corporate Tax24%

Ease of Business#58

Strengths

+Good political stability and rule of law
+Favorable business climate with reasonable regulation
+Low inflation (2.2%) - stable pricing environment
+100% foreign ownership allowed - no local partner required
+Extensive tax treaty network (100 countries)

Risks

-Very high public debt (140.5% of GDP) - fiscal crisis risk
-Slow/negative growth (0.8%) - limited market expansion
-Very slow contract enforcement (1120 days) - use arbitration clauses

Best For

Fashion & Luxury (growing, score: 82)Premium services and luxury brandsDigital businesses and SaaS

Also Consider

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Slovakia

Same region, similar income level, faster growth (2.5%)

Lithuania

Same region, similar income level, faster growth (2.5%)

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