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       Italy Overview
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.

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almost twice the size of Georgia; slightly larger than Arizona
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​STRENGTHS




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WEAKNESSES



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                                        Italy Economy Quick Summary

Italy’s economy comprises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.
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Characterisitic
Fact
Global Corporate Headquarters
​Fiat Chrysler Automobiles, Enel, TechInt, Leonardo, Edizione​
Terrain
​mostly rugged and mountainous; some plains, coastal lowlands
Percentage of English Spoken
​29%
​Population
62,390,364 (July 2021 est.)
Target Cities ​
Rome, Turin, Milian
Main Industries ​
Tourism, Agriculture, Automotive
GDP Growth
0.34% (2019 est.)
Government
parliamentary republic
Relevant History ​
Covid Pandemic
Urbanization
71% of total population (2020)​
Internet Connectivity ​
​74.39% (July 2018 est.)
​Moody's Credit Rating
Baa3 (2018)
 Terrorism Threat 
Medium
Defense
Founding NATO Member

VAT TAX
22%
Corruption Index Rank
42
Deposable Income Rank
18
Travel Advisory
 Level 4 Do Not Travel
​COVID-19
Economic freedom score 
 65.4

Economically Italy should should have moderate growth in the next post pandemic years, assuming no more variants emerge. 
Statistic: Italy: Real gross domestic product (GDP) growth rate from 2016 to 2026 (compared to the previous year) | Statista
Find more statistics at Statista
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A NetGainz Project