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ITALY
Fact sheets are updated biannually; June and December
General information
Capital:
Land area:
Official language(s):
Population:
Currency:
Rome
294,140 sq km
Italian
60.8 million (2015)
Euro
Economic indicators (a)
GDP (US$b) (current prices)
GDP per capita (US$)
GDP PPP (Int'l $b)
GDP per capita PPP (Int'l $)
Real GDP growth (% change yoy)
Current account balance (% GDP)
Current account balance (US$b)
Inflation (% change yoy)
Unemployment (% labour force)
Head of State
President HE Sergio Mattarella
Head of Government
Prime Minister The Hon Paolo Gentiloni
2011
2012
2013
2014
2015
2016
2,278.4
38,379.3
2,130.9
35,895.6
0.6
-3.0
-68.6
2.9
8.4
2,074.0
34,918.8
2,109.0
35,508.7
-2.8
-0.4
-7.5
3.3
10.7
2,131.0
35,703.9
2,105.6
35,278.5
-1.7
0.9
20.2
1.2
12.1
2,141.9
35,239.3
2,136.0
35,140.7
-0.3
1.9
41.1
0.2
12.6
1,815.8
29,866.6
2,175.3
35,780.9
0.7
2.2
39.9
0.1
11.9
1,852.5
30,294.1
2,220.6
36,313.3
0.9
2.2
40.2
-0.1
11.5
Australia's trade and investment relationship with Italy (b)
Australian merchandise trade with Italy, 2015-16 (A$m)
Exports to Italy
Imports from Italy
Total merchandise trade (exports + imports)
Major Australian exports, 2015-16 (A$m)
Wool & other animal hair (incl tops)
Coal
Beef, f.c.f.
Wheat
Australia's trade in services with Italy, 2015-16 (A$m)
Exports of services to Italy
Imports of services from Italy
Major Australian services exports, 2015-16 (A$m)
Personal travel excluding education
Education-related travel
727
6,010
6,737
159
98
74
73
578
1,454
236
235
Total share
0.3%
2.2%
1.3%
Rank
29th
11th
16th
Growth (yoy)
1.7%
0.4%
0.6%
Major Australian imports, 2015-16 (A$m)
Medicaments (incl veterinary)
Passenger motor vehicles
Aircraft, spacecraft & parts
Heating & cooling equipment & parts
Total share
0.8%
1.9%
Rank
23rd
14th
Major Australian services imports, 2015-16 (A$m)
Personal travel excluding education
Charges for the use of Intellectual Property nie
Australia's investment relationship with Italy, 2015 (A$m)
Australia's investment in Italy
Italy's investment in Australia
Total
4,558
2,758
337
263
235
194
Growth (yoy)
4.1%
6.9%
1,179
74
FDI
138
np
Italy's global merchandise trade relationships
Italy's principal export destinations, 2015
1 Germany
2 France
3 United States
28 Australia
12.3%
10.2%
8.7%
0.9%
Italy's principal import sources, 2015
1 Germany
2 France
3 China
66 Australia
15.4%
8.7%
7.6%
0.1%
Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable.
(b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December.
All data may be subject to future revisions.
GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures
ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified