Italy

Country Summary

2023 population pyramid

Introduction

Background

Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united. Italy is a charter member of NATO, as well as the European Economic Community (EEC) and its successors, the EC and the EU. Italy joined the Economic and Monetary Union in 1999.

Geography

Area

total: 301,340 sq km
land: 294,140 sq km
water: 7,200 sq km

Climate

predominantly Mediterranean; alpine in far north; hot, dry in south

Natural resources

coal, antimony, mercury, zinc, potash, marble, barite, asbestos, pumice, fluorspar, feldspar, pyrite (sulfur), natural gas and crude oil reserves, fish, arable land

People and Society

Population

total: 60,964,931
male: 29,414,065
female: 31,550,866 (2024 est.)

Ethnic groups

Italian (includes small clusters of German-, French-, and Slovene-Italians in the north, Albanian-Italians, Croat-Italians, and Greek-Italians in the south)

Languages

Italian (official), German (parts of Trentino-Alto Adige region are predominantly German-speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area), Croatian (in Molise)

Religions

Christian 80.8% (overwhelmingly Roman Catholic with very small groups of Jehovah's Witnesses and Protestants), Muslim 4.9%, unaffiliated 13.4%, other 0.9% (2020 est.)

Population growth rate

-0.08% (2024 est.)

Government

Government type

parliamentary republic

Capital

name: Rome

Executive branch

chief of state: President Sergio MATTARELLA (since 3 February 2015)
head of government: Prime Minister Giorgia MELONI (since 22 October 2022); the prime minister's official title is President of the Council of Ministers; Deputy Prime Ministers Matteo SALVINI and Antonio TAIANI (since 22 October 2022); the deputy prime ministers' official titles are Vice Presidents of the Council of Ministers

Legislative branch

description: bicameral Parliament or Parlamento consists of:
Senate or Senato della Repubblica (200 elected seats, 5 appointed seats; 122 members in multi-seat constituencies directly elected by proportional representation vote, 74 members in single-seat constituencies directly elected by plurality vote, and 4 members in multi-seat constituencies abroad directly elected by proportional representation vote; all members serve 5-year terms)
Chamber of Deputies or Camera dei Deputati (400 seats; 245 members directly elected in multi-seat constituencies by proportional representation vote; 147 members directly elected in single-seat constituencies by plurality vote and 8 members in multi-seat constituencies abroad directly elected by proportional representation vote; members serve 5-year terms)

Economy

Economic overview

core EU economy; strong services, manufacturing, and tourism sectors; sustained recovery in post-COVID inflationary environment; high public debt levels; increasing poverty levels particularly in poorer south; strong exports to EU and US partners

Real GDP (purchasing power parity)

$2.611 trillion (2022 est.)
$2.517 trillion (2021 est.)
$2.324 trillion (2020 est.)

Real GDP per capita

$44,300 (2022 est.)
$42,600 (2021 est.)
$39,100 (2020 est.)

Agricultural products

milk, grapes, wheat, tomatoes, maize, apples, olives, oranges, potatoes, pork (2022)

Industries

tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics

Exports

$751.092 billion (2022 est.)
$690.534 billion (2021 est.)
$559.952 billion (2020 est.)

Exports - partners

Germany 12%, US 11%, France 10%, Spain 5%, UK 4% (2022)

Exports - commodities

packaged medicine, refined petroleum, garments, cars, vehicle parts/accessories (2022)

Imports

$781.083 billion (2022 est.)
$642.948 billion (2021 est.)
$490.684 billion (2020 est.)

Imports - partners

Germany 14%, France 8%, China 8%, Netherlands 5%, Spain 5% (2022)

Imports - commodities

natural gas, crude petroleum, cars, packaged medicine, garments (2022)

Exchange rates

euros (EUR) per US dollar -
Exchange rates:
0.95 (2022 est.)
0.845 (2021 est.)
0.876 (2020 est.)
0.893 (2019 est.)
0.847 (2018 est.)


Page last updated: Thursday, June 13, 2024