Country Library
IT

Italian Republic

Analyst Library· Aug 2026
RomeEuropeItalianEuro (EUR)

Official Data — Live Indicators

GDP Growth (annual %)

0.54

· 2025

World Bank Open Data

Inflation (CPI, % annual)

1.53

· 2025

World Bank Open Data

Unemployment Rate (%)

6.39

· 2025

World Bank Open Data

Total Population

58.9M

· 2025

World Bank Open Data

GDP per Capita (US$)

43,308.64

· 2025

World Bank Open Data

Inflation (CPI, % y/y — monthly)

1.16

% y/y inflation (CPI) · 2025-12

OECD Data

Unemployment Rate (% — monthly)

5.8

% of labour force · 2026-07

OECD Data

10Y Government Bond Yield (%)

3.88

% p.a. (10Y government bond yield) · 2026-07

OECD Data

Fetched from official statistical APIs (World Bank, OECD) — no AI estimation.

Overview

Italy, officially the Italian Republic, is a country located in Southern Europe, comprising the Italian Peninsula, Po Valley, and a number of islands in the Mediterranean Sea, with Sicily and Sardinia being the largest. Historically, Italy has been a crucible of Western culture and civilization, with the Roman Empire's legacy profoundly shaping law, art, philosophy, and religion across Europe. The modern Italian state emerged in 1861 through the unification of various independent states, a process known as the Risorgimento. Post-World War II, Italy transformed from an agricultural nation into an industrialized global economic power, a period often referred to as the 'Italian Economic Miracle'. Today, Italy is a founding member of the European Union, the Eurozone, the OECD, the G7, and the G20, playing a significant role in global and European affairs, with Milan serving as a key economic hub. The country faces demographic challenges with one of the world's smallest youth cohorts and a rapidly aging population.

Economy

gdp nominal

$2.74 trillion

gdp ppp

$4.17 trillion

gdp rank

8th (nominal; 2024-2025)

gdp per capita

$46,505

gdp growth rate

0.5

inflation rate

1.7

unemployment rate

6.1

debt to gdp

144.4% (2023 est.)

fiscal deficit

7.2% of GDP (2023 est.)

major industries

Tourism, Machinery, Chemicals, Automotive, Fashion and Luxury Goods, Food and Beverages

top exports

Machinery and equipment, Motor vehicles, Pharmaceuticals, Fashion apparel and accessories, Food products, Wine

top imports

Machinery and equipment, Motor vehicles, Chemicals, Energy products (oil, gas), Pharmaceuticals, Minerals

Demographics

population

58926166

population rank

25

population growth rate

-0.37

median age

48.6

urbanization rate

72.4

life expectancy

83.6

fertility rate

1.21

literacy rate

99.2

ethnic groups

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religions

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age distribution

0 14: 12% · 15 64: 63% · 65 plus: 25%

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Report refreshed monthly · Official indicators refreshed daily · Built with CleverGraph