Dolmen

Italy - Economy

Italy - Economy

Economy - overview: Italy has a diversified industrial economy with roughly the same total and per capita output as France and the UK. This capitalistic economy remains divided into a developed industrial north, dominated by private companies, and a less developed agricultural south, with more than 20% unemployment. Most raw materials needed by industry and more than 75% of energy requirements are imported. Since 1992, Italy has adopted budgets compliant with the requirements of the European Monetary Union (EMU); wage moderation agreements by representatives of government, labor, and employers have helped to bring Italy's inflation into conformity with EMU requirements. Italy's economic performance, however, has lagged behind that of its EU partners and it must work to stimulate employment, promote labor flexibility, reform its expensive pension system, and tackle the informal economy.
GDP: purchasing power parity - $1.273 trillion (2000 est.)
GDP - real growth rate: 2.7% (2000 est.)
GDP - per capita: purchasing power parity - $22,100 (2000 est.)
GDP - composition by sector: agriculture: 2.5% - industry: 30.4% - services: 67.1% (2000 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: 3.5% - highest 10%: 21.8% (1995)
Inflation rate (consumer prices): 2.5% (2000)
Labor force: 23.4 million (2000)
Labor force - by occupation: services 61.9%, industry 32.6%, agriculture 5.5% (1999)
Unemployment rate: 10.4% (2000 est.)
Budget: revenues: $488 billion - expenditures: $501 billion, including capital expenditures of $NA (2000 est.)
Industries: tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics
Industrial production growth rate: 1.9% (2000)
Electricity - production: 247.679 billion kWh (1999)
Electricity - production by source: fossil fuel: 79.09% - hydro: 18.08% - nuclear: 0% - other: 2.83% (1999)
Electricity - consumption: 272.35 billion kWh (1999)
Electricity - exports: 530 million kWh (1999)
Electricity - imports: 42.539 billion kWh (1999)
Agriculture - products: fruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain, olives; beef, dairy products; fish
Exports: $241.1 billion (f.o.b., 2000)
Exports - commodities: engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; food, beverages and tobacco; minerals and nonferrous metals
Exports - partners: EU 56.8% (Germany 16.4%, France 12.9%, Netherlands 7.1%, Spain 6.3%, Netherlands 2.9%), US 9.5% (1999)
Imports: $231.4 billion (f.o.b., 2000)
Imports - commodities: engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages and tobacco
Imports - partners: EU 61% (Germany 19.3%, France 12.6%, Netherlands 6.3%, Spain 4.4%), US 5.0% (1999)
Debt - external: $NA
Economic aid - donor: ODA, $1.3 billion (1997)
Currency: Italian lira (ITL); euro (EUR) - note: on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in Italy at a fixed rate of 1,936.27 Italian lire per euro and will replace the local currency for all transactions in 2002
Currency code: ITL; EUR
Exchange rates: euros per US dollar - 1.0659 (January 2001), 1.0854 (2000), 0.9386 (1999); Italian lire per US dollar - 1,688.7 (January 1999), 1,736.2 (1998), 1,703.1 (1997), 1,542.9 (1996)
Fiscal year: calendar year

Italy

Italy - Geography

Italy - People

Italy - Government

Italy - Economy

Italy - Communications

Italy - Transportation

Italy - Military

Italy - Transnational Issues

 





Ilsonline - Italian Language School in Otranto
Italian Language School ILSONLINE is the best solution in Italy for a study vacation in Italy

Italian Language School ILS provides italian courses. Come here to learn the italian culture and way of life in: Otranto - Lecce - Apulia. Learn Italian in Italy in the famous small resort town of Otranto on the seaside, live in a lovely residential district, just 50 meters away from the beach, and just a few steps away from the city centre. We are also closed the railway station

italy, florence italy, italy weather, milan italy, yahoo italy, italy travel, italy tours, naples italy, pictures of italy, tuscany italy, hotels in italy, italy flag, italy train, little italy, italy vacations, detailed map of italy, siena italy, lake como italy, facts about italy, scotland v italy, jobs in italy, history of italy, map of rome italy, cities in italy, verona italy, italy real estate, little italy nyc, universities in italy, genoa italy, capri italy, sorrento italy, capital of italy, cheap flights to italy, pisa italy, pompeii italy, italy time, italy train schedule, lidia's italy, cinque terre italy, little italy new york, positano italy, weather in rome italy, torino italy, bologna italy, portofino italy, sicily italy, information on italy, car rental italy, sardinia italy, italy news, trips to italy, vicenza italy, turin italy, little italy san diego, italy soccer, italy country code, amalfi coast italy, lucca italy, bari italy, road map of italy, palermo italy, northern italy map, yellow pages italy, aviano italy, assisi italy, cortona italy, population of italy, italy embassy, italy culture, livorno italy, italy airlines, miss italy, picture of italy flag, ebay italy, italy visa, calabria italy, italy food, trieste italy, airports in italy, map of ancient italy, wedding italy, pescara italy, little italy baltimore, sons of italy, ravenna italy, little italy chicago, weather forecast italy, gay italy, italy football, italy vacation packages, air italy, info about italy, white pages italy, immigration to italy, murano italy, italy cruises, san remo italy, little italy festival | Discover Italy: workshop B2B sull'Incoming | Italia
©2005 - Otranto.biz
Vivai Bortone Elisa di Rivombrosa News News Travel Europe