Italy's economy...
Today in Italy the industry is based on tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, and ceramics. The unemployment rate is very low, which is 11.3%. This is good. Overall, Italy's economy is doing fairly well. Another example of what they are doing well in...GDP - composition, by sector of origin:
agriculture: 2.1% (2017 est.)
industry: 23.9% (2017 est.)
services: 73.9%
agriculture: 2.1% (2017 est.)
industry: 23.9% (2017 est.)
services: 73.9%
- All of these things in the economy are doing well. However, Italy is 9th in the world for debt. Currently (as of 2016) Italy's debt is $2,444,000,000,000.
- Per Capital, the GDP (PPP) is on average $38,000, with the growth rate as 1.5%.
- Italy is the third largest economy in the euro zone.
- Gross national saving: 20.3% of GDP (as of 2017)
- There are 25.94 million citizens in the labor force.
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