Economic information

This page contains useful economic information prepared in view of the State Visit to the Italian Republic. Below is an overview of the most important economic indicators. For more detailed information, please consult the notes available in Dutch, French and English. 

ECONOMIC STRUCTURE (2020 - ESTIMATES)
GDP 1,653.6 billion EUR
GDP GROWTH RATE -8.9%
INFLATION -0.2%
EXPORTS OF GOODS (FOB) 433.6 billion EUR
IMPORTS OF GOODS (FOB) 370.0 billion EUR
TRADE BALANCE 63.6 billion EUR
POPULATION 60.5 million
UNEMPLOYMENT RATE 9.3%
Main clients:
in % of total (2020)
Main supplierS:
in % of total (2020)
GERMANY 12.8 GERMANY 16.3
FRANCE 10.3 CHINA 8.7
UNITED STATES 9.8 FRANCE 8.5
SWITZERLAND 5.8 NETHERLANDS 5.9
Main exports: % OF TOTAL (2020)
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses 5.4
Motor cars and other motor vehicles principally designed for the transport of persons 3.0
Parts and accessories of motor vehicles 2.5
Main imports: % OF TOTAL (2020)
Motor cars and other motor vehicles principally designed for the transport of persons 5.4
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses 4.3

Crude petroleum oils and oils obtained from bituminous minerals

3.8

Sources: Eurostat and TrendEconomy

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