Data at glance of Italy - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth 2.8 1.73 0.85 -1.89 -0.81 8.93 4.82 0.71 0.73 0.44
CPI % 9.86 3.73 2.49 1.19 1.08 1.94 8.74 5.9 1.09 1.71
Unemployment rate 8.6 10.37 7.72 8.19 10.95 9.51 8.12 7.68 6.56 6.65
Debt/GDP % 98.61 116.34 105.75 117.43 133.64 145.74 138.28 134.58 135.29 137.28
Current account balance/GDP % -1.21 0.7 -1.01 -2.52 1.54 2.1 -1.73 0.14 1.13 0.91

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II. An era of parliamentary government came to a close in the early 1920s when Benito MUSSOLINI established a Fascist dictatorship. His alliance with Nazi Germany led to Italy's defeat in World War II. A democratic republic replaced the monarchy in 1946, and economic revival followed. Italy is a charter member of NATO, as well as the European Economic Community (EEC) and its successors, the EC and the EU. It has been at the forefront of European economic and political unification, joining the Economic and Monetary Union in 1999. Persistent problems include sluggish economic growth, high youth and female unemployment, organized crime, corruption, and economic disparities between southern Italy and the more prosperous north.

Environment

Area: 301,340 km2

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

Ethnic characteristics

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)major-language sample(s): L'Almanacco dei fatti del mondo, l'indispensabile fonte per le informazioni di base. (Italian)The World Factbook, the indispensable source for basic information.

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.)

Government

Capital: Rome

Government type: parliamentary republic

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 Ministerscabinet: Council of Ministers proposed by the prime minister, who is known officially as the President of the Council of Ministers and locally as the premier; nominated by the presidentelection/appointment process: president indirectly elected by an electoral college consisting of both houses of Parliament and 58 regional representatives for a 7-year term (no term limits); prime minister appointed by the president, confirmed by parliamentmost recent election date: 24-29 January 2022 (eight rounds)election results: 2022: Sergio MATTARELLA (independent) reelected president; electoral college vote count in eighth round - 759 out of 1,009 (505 vote threshold)2015: Sergio MATTARELLA (independent) elected president; electoral college vote count in fourth round - 665 out of 995 (505 vote threshold)expected date of next election: 2029

Legislative branch

Description: legislature name: Parliament (Il Parlamento)legislative structure: bicameral

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"