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Italy

Italy ยท ITA ยท Europe

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

Italy is a major European economy and a founding member of the European Union, renowned for its rich cultural heritage, tourism, and high-quality manufacturing. It faces ongoing challenges related to public debt, regional disparities, and an aging population. Geopolitically, Italy is an active participant in international organizations and plays a significant role in Mediterranean affairs.

Leadership

Sergio Mattarella

President

GOVERNMENT: Parliamentary republic

Economy

GDP

$2.5T

GDP per Capita

$42.0K

GDP Growth

+1.2%

Inflation

2.0%

Unemployment

7.0%

TourismMachineryMotor VehiclesFashionFood and BeveragesPharmaceuticals

Trade

Key Exports

MachineryMotor vehiclesPharmaceuticalsFashion and luxury goodsFood products

Key Imports

Mineral fuelsMachineryChemicalsMotor vehiclesFood

Top Partners

GermanyFranceUnited StatesSpainUnited Kingdom