ITALY

Italy’s economy comprises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment.
The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.
Italy is the third-largest economy in the euro zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets.

Population 62,402,659
Language Italian (official), German (parts of Trentino-Alto Adige region are predominantly German speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area)
Religion Christian (83.3%), Muslim (3.7%), unaffiliated (12.4%), other (0.6%)
Capital Rome
Government type Repubblic
Currency EURO
GDP 2019 - million euro 1.789.747
GDP 2019 - growth 0,3%
Inflation 2019 0,6%
Export 2019 - million euro 475.848 (+2,3%)
Import 2019 – million euro 422.914 (-0,9%)
FDI 2019 – million euro 26.056

Commercial relations Italy-Asean

EXPORT ITALY IMPORT ITALY BALANCE
INDONESIA 1.360,55 1.829,19 -468,64
BRUNEI 63 1,5 61,5
MALAYSIA 1.271,88 1.179,14 92,74
PHILIPPINES 795,59 295,23 500,36
SINGAPORE 1.961,62 413,13 1.548,49
THAILAND 1.561,37 1.509,98 51,39
VIETNAM 1.300,24 3.138,05 -1.837,81