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 joined the Economic and Monetary Union in 1999. Persistent problems include illegal immigration, organized crime, corruption, high unemployment, sluggish economic growth, and the low incomes and technical standards of southern Italy compared with the prosperous north.
Capital City: Rome (+1 GMT)
Chief of State: President Giorgio NAPOLITANO
Head of Govt.: Prime Minister Romano PRODI
Currency: Euro
Main Cities: Milan, Naples, Turin
Major Languages: Italian
Calling Code: 39
Voltage: 110/220V
Stock Exchanges: Borsa Italiana
Primary Religions: Roman Catholic
Main Airports
Pisa (PSA) (Galileo Galilei), Rome (CIA) (Ciampino), Rome (FCO) (Fiumicino)
U.S. Embassy
Via Veneto 119, Rometel. (39)(06) 46741http://italy.usembassy.gov/english/
Statistics
GDP: purchasing power parity:
$1.698 trillion (2005 est.)
GDP - real growth rate:
0.1% (2005 est.)
GDP - per capita: purchasing power parity:
29,200 (2005 est.)
Inflation rate (consumer prices):
2% (2005 est.)
Labor force:
24.49 million (2005 est.)
Exports:
$371.9 billion f.o.b. (2005 est.)
Exports - partners:
Germany 13.1%, France 12.3%, US 8.1%, Spain 7.4%, UK 6.4%, (2005)
Imports:
$369.2 billion f.o.b. (2005 est.)
Imports - partners:
Germany 17.2%, France 9.9%, Netherlands 5.7%, China 4.6%, Belgium 4.5%, Spain 4.2%, UK 4% (2005)
Population:
58,133,509 (July 2006 est.)
Population growth rate:
0.04% (2006 est.)
Population Below Poverty Line:
NA%
Major Industries:
tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics
Employing Workers: 101*
Registering Property: 53*
Enforcing Contracts: 141*
Closing a Business: 49*
*2006 World Bank rank out of 175 countries
Capital City: Rome (+1 GMT)
Chief of State: President Giorgio NAPOLITANO
Head of Govt.: Prime Minister Romano PRODI
Currency: Euro
Main Cities: Milan, Naples, Turin
Major Languages: Italian
Calling Code: 39
Voltage: 110/220V
Stock Exchanges: Borsa Italiana
Primary Religions: Roman Catholic
Main Airports
Pisa (PSA) (Galileo Galilei), Rome (CIA) (Ciampino), Rome (FCO) (Fiumicino)
U.S. Embassy
Via Veneto 119, Rometel. (39)(06) 46741http://italy.usembassy.gov/english/
Statistics
GDP: purchasing power parity:
$1.698 trillion (2005 est.)
GDP - real growth rate:
0.1% (2005 est.)
GDP - per capita: purchasing power parity:
29,200 (2005 est.)
Inflation rate (consumer prices):
2% (2005 est.)
Labor force:
24.49 million (2005 est.)
Exports:
$371.9 billion f.o.b. (2005 est.)
Exports - partners:
Germany 13.1%, France 12.3%, US 8.1%, Spain 7.4%, UK 6.4%, (2005)
Imports:
$369.2 billion f.o.b. (2005 est.)
Imports - partners:
Germany 17.2%, France 9.9%, Netherlands 5.7%, China 4.6%, Belgium 4.5%, Spain 4.2%, UK 4% (2005)
Population:
58,133,509 (July 2006 est.)
Population growth rate:
0.04% (2006 est.)
Population Below Poverty Line:
NA%
Major Industries:
tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics
Employing Workers: 101*
Registering Property: 53*
Enforcing Contracts: 141*
Closing a Business: 49*
*2006 World Bank rank out of 175 countries
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