ItalyChapitres
Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II. An era of parliamentary government came to a close in the early 1920s when Benito MUSSOLINI established a Fascist dictatorship. His alliance with Nazi Germany led to Italy's defeat in World War II. A democratic republic replaced the monarchy in 1946 and economic revival followed. Italy is a charter member of NATO and the European Economic Community (EEC) and its subsequent successors the EC and the EU. It has been at the forefront of European economic and political unification, joining the Economic and Monetary Union in 1999. Persistent problems include sluggish economic growth, high youth and female unemployment, organized crime, corruption, and economic disparities between southern Italy and the more prosperous north.
Source: The CIA World Factbook - Italy
Indicateurs clés
- Surface
- 301,340 km2
- Population
- 62,390,364 (July 2021 est.)
- Type de gouvernement
- parliamentary republic
- Langues
- 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)
- PIB
- $1.886 trillion (2020 est.)
- Taux de croissance
- -8.9% (2020 est.)
- HDI
- 29
- Capitale
- Rome
Indicateurs macroéconomiques
Growth is projected to edge down to 1.4% in 2018 and 1.1% in 2019. Exports and business investment are increasingly driving the recovery. Private consumption growth will moderate due to waning job growth and weaker household purchasing power due to rising inflation. Consumer price inflation is edging up as excess capacity narrows and will accelerate in 2019. The current account surplus is projected to remain high.
The stock of non-performing loans in the banking system has declined markedly from its peak thanks to policies put in place. In 2018, the fiscal stance is projected to be slightly expansionary. Reflecting perceived increased policy uncertainty, government bond yields have risen recently. Possible policy changes by the incoming government are not incorporated in the projection. Priorities should be given to shifting the spending mix towards infrastructure and enhancing targeted anti-poverty programmes to tackle large social and regional divides while boosting growth.
Source: OECD - Economic Forecast
IMF Statistics:
| Subject descriptor | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
|
Gross domestic product, constant prices Percent change (Units) |
8.310 |
3.986 |
0.921 |
0.709 |
0.714 |
|
Gross domestic product, current prices Percent change (Billions) |
2,156.310 |
2,068.598 |
2,255.503 |
2,328.028 |
2,390.443 |
|
Gross domestic product per capita, current prices Percent change (Units) |
36,401.883 |
35,043.092 |
38,325.839 |
39,579.560 |
40,700.723 |
|
Inflation, average consumer prices Percent change (Units) |
1.941 |
8.736 |
5.903 |
1.673 |
2.000 |
|
Volume of imports of goods and services Percent change (Units) |
15.555 |
12.913 |
-0.537 |
0.213 |
0.963 |
|
Volume of exports of goods and services Percent change (Units) |
14.065 |
10.241 |
0.179 |
0.830 |
1.375 |
|
Unemployment rate Percent change (Units) |
9.525 |
8.117 |
7.658 |
7.828 |
8.016 |
|
Current account balance Percent change (Billions) |
52.226 |
-30.069 |
3.491 |
18.217 |
31.501 |
|
Current account balance Percent change (Units) |
2.422 |
-1.454 |
0.155 |
0.783 |
1.318 |
Estimates
Source: IMF Statistics - Italy
Le Luxembourg et le pays
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
- Convention from 03.06.1981 (Memorial 1982, A No.100, p.2092)
- Effective as of 01.01.1978 (Memorial 1982, A No.100, p.2092)
- Amendment of the Convention 21.06.2012 (Memorial 2013, A No.114, p.1705)
- Effective as of 01.01.2015 (Memorial 2013, A No.114, p.1705)
Air Services agreement
- Agreemen from 24.1.1980 t (Memorial 1981, A, p. 843)
- Effective as of 03.15.1983 (Memorial 1983, A, p. 692)
Informations supplémentaires
Foreign Trade
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact points in Italy
Embassy of the Grand Duchy of Luxembourg in Italy
Ambassador with residence in Rome: Mr Paul DÜHR
90, Via di Sante Croce in Gerusalemme
I-00185 Rome
Italy
Tel.: (+39 06) 77 20 11 77/78
Fax: (+39 06) 77 20 10 55
E-Mail: rome.amb@mae.etat.lu
Website: rome.mae.lu
Honorary Consuls
Honorary Consul with jurisdiction over Tuscany, the Provinces of Bologna, Ferrara, Modena, Parma, Piacenza, and Reggio Emilia:
Mr Stefano Maria CACCIAGUERRA RANGHIERI
Piazzale Galileo, 5
50125 Firenze
Italy
Tel.: (+39) 349 80 80 773
E-Mail: florence@consul-hon.lu
Honorary Consul with jurisdiction over Liguria:
Mr Cesare di CASTELBARCO ALBANI
Via Gabriele D’annuzio, 2
I-16121 Genova
Italy
Tel.: (+39) 010 553 90 78
E-Mail: genes@consul-hon.lu
Honorary Consul with jurisdiction over Lobardy:
Mr Gerardo BRAGGIOTTI
Via G. Verdi, 2
I-20121 Milano (MI)
Italy
Tel.: (+39) 02 91577 381
E-Mail: milan@consul-hon.lu
Opening Hours: 09h00-13h00 and 14h00-19h00
Honorary Consul with jurisdiction over Company, Abruzzo, Molise, Basilicata, Apulia and Calabria:
Mr Giancarlo IACCARINO
Via Santa Brigida, 51
I-80133 Napoli
Italy
Tel: (+39) (0) 81 551 0060
E-Mail: naples@consul-hon.lu
Honorary Consul with jurisdiction over Sicily:
Mr Antonio COSENZ
via Elvira Ed Enzo Sellerio nr.34
I-90141 Palermo
Italy
Tel.: (+39) 091 62 56 218
E-Mail: palerme@consul-hon.lu
Honorary Consul with jurisdiction over Umbrian and Marche:
Mr Vincenzo ANSIDEI di CATRANO
Via Alessi 27
I-06122 Perugia
Italy
Tel.: (+39) 075 57 22 322
E-Mail: perouse@consul-hon.lu
Honorary Consul with jurisdiction over the Provinces of Alessandria, Asti Cuneo, Novara, Turin, Vercelli, and the Autonomous Region of Valle d'Aosta:
Mr Ettore MORONE
5, Via Mercantini
I-10121 Torino
Italy
Tel.: (+39) 011 56 22 522
E-Mail: turin@consul-hon.lu
Honorary Consul with jurisdiction over the Region of Friuli-Venezia Giulia:
Mr Ezio PERILLO
Via Lazzaretto Vecchio 5,
34123 Trieste
Italy
Tel.: (+39) 338 89137 49
E-Mail: trieste@consul-hon.lu
Honorary Consul with jurisdiction over the Regions of Veneto and Trentino-Alto Adige/Südtirol:
Mr Gian Angelo BELLATI
Castello 5312
I-30122 Venise
Italy
Tel.: (+39) 041 52 22 047
E-Mail: venise@consul-hon.lu
Source: Ministry of Foreign Affairs Luxembourg
Country risk as defined by Office du Ducroire for Italy
A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Link: Office du Ducroire - Country Risk Italy