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General profile: Italy

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
59.499 Millions
..
2 231 178 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 295 717 km²
5.90 %
0.59 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+2.8 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
373 135
447 301
456 990
676 993
Merchandise imports
384 790
487 049
410 919
639 755
Merchandise trade balance
-11 655
-39 748
46 071
37 238
Export structure by product group in 2023
(as % of total exports)
4 %4 %82 %82 %4 %4 %10 %10 %
Top 5 partners in 2023
(exports, millions of US$)
80 71972 74268 50835 64133 04180 71972 74268 50835 64133 041
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
92 016
101 373
98 364
147 899
Services imports
(e) 94 751
113 787
103 075
156 167
Services trade balance
(e) -2 735
-12 414
-4 710
-8 267
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
16.3
14.7
14.4
11.5
Travel
38.4
38.3
40.1
37.7
Other services
41.4
42.6
42.0
44.6
TRADE INDICES
More data on UNCTADstat
10496103100106104106104100969290908984971039797879810510199100103100979491919498929493
ECONOMIC TRENDS
More data on UNCTADstat
+0.6 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
1 857 478
2 134 018
1 835 899
2 231 178
GDP per capita, current US$
31 741
35 470
30 308
37 499
Real GDP growth, y-on-y, %
0.82
1.71
0.78
0.59
Current account balance, % of GDP
-0.90
-3.32
1.44
0.55
Exchange rate (/US$)
0.804
0.754
0.901
..
GDP by expenditure in 2022
(as % of total GDP)
59.619.222.736.638.159.619.222.736.638.1
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.6 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
23 291.30
9 178.26
19 635.12
18 219.37
FDI outflows
39 362.28
32 685.30
21 644.29
13 014.14
Personal remittances, % of GDP
0.22
0.37
0.52
..
Financial flows trends
(millions of US$)
10 529.610 508.19 888.510 458.59 899.79 742.29 512.89 607.710 099.39 436.19 166.18 731.27 975.17 041.37 354.84 595.24 075.84 091.53 688.83 023.22 272.71 932.41 789.518 21932 177-2 952-18 57622 72037 68224 04728 46919 63523 25424 2799334 3249 17820 077-10 83543 84942 58123 29120 12619 42417 05514 87113 375FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
(e) -0.17
-1.82
3.01
1.67
Balance, % of imports
(e) -0.69
-6.74
11.29
4.93
Normalized balance
(e) -0.003
-0.035
0.053
0.024
Trade openness²
(sum of imports and exports as % of GDP)
69756255606058555655555655524655555349
LIVING AREA
Population by living area in 2023
(% of population)
Urban 72%Urban 72%Rural 28%Rural 28%
OTHER INDICATORS
More data on UNCTADstat
0.400 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
11 316
17 276
17 009
9 107
Container port throughput (TEU)
..
9 762 077
10 211 290
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
3.13
2.15
1.90
..
Share of ICT goods, % of total imports
7.36
7.73
5.19
..
Share of workforce involved in the ICT sector
..
..
4.06
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024