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The economy of Italy is a highly developed social market economy. [31] It is the third-largest national economy in the European Union, the second-largest manufacturing industry in Europe (7th-largest in the world), [32] the 8th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP.
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
(in euros, at current market prices) [2] Rank Region 2017 ... All provinces and metropolitan cities of Italy by GDP and GDP per capita in 2021. [3] Province Region
ROME (Reuters) -Italy's economy performed unexpectedly well in the third quarter, data showed on Monday, offering a welcome boost for the country's new government as it plans extra borrowing to ...
Italy will probably balance its primary budget this year, excluding interest payments on government debt, the economy minister said on Friday, as Rome prepares a medium-term fiscal plan for ...
Italian Prime Minister Giorgia Meloni's first budget, due to be approved by her cabinet on Monday, will focus on curbing sky-high energy bills and cutting taxes for payroll workers and the self ...
The IMF also warned Italy that the passing of their proposed budget could result in a recession that could last until the mid 2020s. [7] Italy's economy has been in turmoil since 2008 and the IMF predicts that at the current growth rate the anti-EU government will prolong Italy in reaching the economic prosperity it had prior to the collapse.
Signs of economic weakening in Italy and the wider euro zone are complicating the new, anti-establishment coalition's plans for deep tax cuts and higher welfare spending. When the euro zone slows ...