ItalyChapitres
According to the OECD, Italy has weathered recent crises well. A strong fiscal policy response, enhanced competitiveness and improved banking sector health have supported growth in recent years. But public debt is high and spending pressures are rising from population ageing, higher interest rates, and the green and digital transitions. A steady fiscal consolidation is needed over several years to put debt on a more prudent path
Source: OECD
Indicateurs clés
- Surface
- 301,340 km2
- Population
- 58.99 (2023)
- 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
- $2.301 trillion (2023)
- Taux de croissance
- 0.7% (2023)
- HDI
- 29
- Capitale
- Rome
Indicateurs macroéconomiques
The economy has weathered recent crises well, but growth is now slowing amid tightening financial conditions. Against the background of high public debt, the public finances need to be consolidated. The energy crisis triggered a slowdown in activity. Large fiscal support and gains in competitiveness helped real GDP to rebound to its pre-pandemic level by mid-2021, with unemployment reaching historically low levels. However, high inflation in the wake of the energy crisis has eroded real household incomes and the tightening of euro area monetary policy has led to rapid increases in borrowing costs for households, businesses and the government.
Source: OECD
IMF Statistics:
| Subject descriptor | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
|
Gross domestic product, constant prices Percent change (Units) |
8.931 |
4.662 |
0.698 |
0.672 |
0.762 |
|
Gross domestic product, current prices U.S. dollars (Billions) |
2,180.657 |
2,104.650 |
2,301.603 |
2,376.510 |
2,459.597 |
|
Gross domestic product per capita, current prices U.S. dollars (Units) |
36,812.907 |
35,653.833 |
39,012.076 |
40,286.836 |
41,714.411 |
|
Inflation, average consumer prices Percent change (Units) |
1.941 |
8.736 |
5.903 |
1.265 |
2.142 |
|
Volume of imports of goods and services Percent change (Units) |
15.952 |
13.184 |
-0.352 |
-0.124 |
0.182 |
|
Volume of exports of goods and services Percent change (Units) |
14.086 |
9.788 |
0.821 |
1.164 |
0.680 |
|
Unemployment rate Percent of total labor force (Units) |
9.517 |
8.117 |
7.683 |
7.000 |
7.164 |
|
Current account balance U.S. dollars (Billions) |
45.770 |
-36.807 |
-0.327 |
25.729 |
35.011 |
|
Current account balance Percent of GDP (Units) |
2.099 |
-1.749 |
-0.014 |
1.083 |
1.423 |
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
Contact points in Italy
Embassy of the Grand Duchy of Luxembourg in Italy
Ambassador with residence in Rome: Mr Christophe Schiltz
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 Lobardy:
Mr Gerardo BRAGGIOTTI
Via G. Verdi, 2
I-20121 Milano (MI)
Italy
Tel.: (+39) 02 91577 381
E-Mail: milan@consul-hon.lu
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 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