Invest in Italy

Invest in Italy

Made in Italy represents not only fashion, design, and food products: this video shows as Italy is indeed a world leader in major infrastructures, manufactured goods, machinery, pharmaceutical, biomedical products and aerospace technologies.

During the welcome session of the World Economic Forum at Davos, the Italian Deputy Minister presented a video that debunks commonplaces about Italy, by highlighting for each of them the real strength of the Italian industrial system.

The economy of Italy is among the seven major worlwide advanced economies and the 3rd-largest national economy in the eurozone.
It is the 8th-largest by nominal GDP in the world, and the 12th-largest by GDP (PPP).
The country is a founding member of the European Union, the Eurozone, the OECD and the G20.

Invest in Italy

Invest in Italy

Italy is the eighth largest exporter in the world with $514 billion exported in 2016. Its closest trade ties are with the other countries of the European Union, with whom it conducts about 59% of its total trade. The largest trading partners, in order of market share, are Germany (12.6%), France (11.1%), United States (6.8%), Switzerland (5.7%), United Kingdom (4.7%), and Spain (4.4%).

In the post-war period, Italy was transformed from an agricultural based economy which had been severely affected by the consequences of the World Wars, into one of the world’s most industrialized nations, and a leading country in world trade and exports.

According to the Human Development Index, the country enjoys a very high standard of living, and has the world’s 8th highest quality of life according to The Economist. Italy owns the world’s third-largest gold reserve,] and is the third net contributor to the budget of the European Union. The country is also well known for its influential and innovative business economic sector, an industrious (Italy is the second largest manufacturer in Europe behind Germany) and competitive agricultural sector (Italy is the world’s largest wine producer), and for its creative and high-quality automobile, naval, industrial, appliance and fashion design. Italy is the largest market for luxury goods in Europe (third in the world) and the country’s private wealth is the sixth largest among the main advanced nations in the world.

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