Italy

Italy is a republic located in Southern Europe, bordering the Mediterranean Sea. It holds a strategically important position, bordering continental countries such as Switzerland and Austria to the north, and connecting with North African countries via the Mediterranean Sea to the south. This country, rich in history and culture, operates its economic activities against the backdrop of a diverse industrial structure encompassing manufacturing, tourism, and agriculture, as one of the major economies within the European Union (EU).

As of 2025, the Italian economy reached a nominal GDP of 2,551.5 billion dollars, with a nominal GDP per capita recorded at 43,308.6 dollars. Nominal GDP increased by 7.05% year-on-year, and nominal GDP per capita also rose by 7.12% year-on-year. However, real economic growth was moderate, with real GDP growth decelerating by 0.24 percentage points from the previous year to 0.54%, and real GDP per capita growth also slowing by 0.23 percentage points from the previous year to 0.60%. The total population was 58,915,656, showing a slight decrease of -0.06% year-on-year. Looking at price trends, consumer price inflation increased by 0.55 percentage points from the previous year to 1.53%. Meanwhile, the labor market showed an improving trend, with the unemployment rate falling by 0.11 percentage points from the previous year to 6.39%.

In terms of external economy, the current account balance for 2025 maintained a surplus of 1.15% of GDP, improving by 0.05 percentage points from the previous year. Trade accounted for 62.52% of GDP, remaining largely flat with a change of -0.07 percentage points from the previous year, indicating strong ties with the international economy. The real interest rate was 2.04%, a decrease of 1.18 percentage points from the previous year. Overall, it can be observed that the Italian economy, while experiencing moderate real growth and continued population decline, saw rising prices and an improving unemployment rate.