As per International Monetary Fund (IMF) Italy’s real gross
domestic product is expected to grow at a CAGR of 0.83% from it’s 2015 level
of euro 1555.01
billionand reach euro
1648.08 billion by 2022.
Italy, officially the
Italian Republic, is a unitary parliamentary republic in Southern Europe. To the
north, Italy borders France, Switzerland, Austria, and Slovenia, and is
approximately delimited by the Alpine watershed, enclosing the Po Valley and
the Venetian Plain. To the south, it consists of the entirety of the Italian
Peninsula and the two biggest Mediterranean islands of Sicily and Sardinia.
Italy
had estimated population of 60.666 million in the year 2016 and expected to
reach 60.66 million by 2022. Italy’s 22.685 million population was employed in
2016 and the unemployment rate was 11.65% of total labor force.
Italy’s
real gross domestic product (GDP) was around Euro 1568.69 billions in 2016
whereas the nominal GDP was Euro 1672.44 billions. This resulted in GDP
deflator 106.614. Per capita GDP was estimated at USD 30507.18 whereas
purchasing power parity (PPP) based per capita GDP was estimated to be at USD
36833.09.
The
output gap for Italy in 2016 was negative at
2.422% of the potential GDP.
In
2016, Italian government’s revenue was Euro 788.952 billions whereas the
expenditure was Euro 829.66 billions. This resulted Italian government’s net
lending / borrowing negative at Euro 40.708 billion in 2016 indicating that
enough financial resources were made not available by the government to boost
economic growth.
The
current account balance for Italy was estimated to be at USD 50.762 billions
for the year 2016 and is expected to decline at a CAGR of 10.68% and reach USD
13,409 by 2022. This positive current account balance indicates the Italy is
net lender to the whole world.
The newly launched market research reports featuring Italy’s
PESTEL analysis, SWOT analysis and Risk analysis are aimed at providing
insights about Italy economy and market.
Scope of the Italy PESTEL Analysis, SWOT Analysis and Risk
Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Italy.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Italy.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Italy.
- These reports provide risk analysis for Italy.
For more information
and to purchase Italy PESTEL Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/italy-pestel-analysis-market-research-report
For more information
and to purchase ItalySWOT Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/italy-swot-analysis-market-research-report
For more information
and to purchase ItalyRisk Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/italy-risk-analysis-market-research-report
No comments:
Post a Comment