Italy's economy is diverse and export-oriented, blending advanced manufacturing with a strong services sector and globally recognized brands. Northern Italy hosts competitive industries such as machinery, automobiles, fashion, food processing, and pharmaceuticals, while tourism remains vital across the country. Italy faces structural challenges including public debt, aging demographics, and uneven regional development. Nevertheless, ongoing investments in digitalization, renewable energy, transportation networks, and research aim to boost productivity and modernize traditional industries, supporting long-term economic resilience.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Italy GDP statistics.