Italy at A Glance

Population(+58.8 million citizens)
Area302,068 kmĀ²
CaptialRome
Geographical LocationSouthern Europe
Government StructurePresident:
Sergio Mattarella
Prime minister:
Georgia Meloni
CurrencyEuro
No. of Regions20


Italy Economic Performance (Main Indicators)

GDP in 2022 (Current) ($ trillion)2.01
GDP Growth in 2022 (Annual %)3.7
Average Exchange Rates (US Dollar to EUR) in 2022 (EUR)0.9191
Average Exchange Rates (US Dollar to EUR) on July 31, 2023 (EUR)0.909
Annual Inflation Rate in 2022 (CPI) (%)8.2
Annual Inflation Rate in July 2023 (CPI) (%)6.4
Total Reserves (Includes Gold, Current $) in 2022 ($ billion)224.58
Foreign Exchange Reserves in July 2023 (EUR million)215,448
Current Account Balance in 2022 ($ billion)-26.66
Net Trade in Goods and Services (BoP, Current $) in 2022 ($ billion )-31.12
Merchandise Exports in 2022 ($ billion)656.93
FDI Net Inflows in 2022 (% of GDP)1.6
FDI, Net (BoP, Current $) in 2022 ($ billion)-22.18
Unemployment, Total (Modelled ILO Estimate) in 2022 (% of Total Labor Force)8.1