STAT | Italy | United Kingdom | HISTORY |
---|---|---|---|
Budget > Revenues |
$964.30 billion
Ranked 7th. |
$986.10 billion
Ranked 6th. 2% more than Italy |
|
Budget surplus > + or deficit > - |
-2.9% of GDP
Ranked 98th. |
-8.2% of GDP
Ranked 163th. 3 times more than Italy |
|
Debt > Government debt > Public debt, share of GDP |
126.1 CIA
Ranked 8th. 40% more than United Kingdom |
90 CIA
Ranked 17th. |
|
Overview | Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is high. 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. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 126% of GDP in 2012, and investor concerns about the broader euro-zone crisis at times have caused borrowing costs on sovereign government debt to rise to euro-era records. During the second half of 2011 the government passed three austerity packages to reduce its budget deficit and help bring down borrowing costs. These measures included a hike in the value-added tax, pension reforms, and cuts to public administration. The government also faces pressure from investors and European partners to sustain its recent efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2012 economic growth and labor market conditions deteriorated, with growth at -2.3% and unemployment rising to nearly 11%, with youth unemployment around 35%. The government has undertaken several reform initiatives designed to increase long-term economic growth. Italy's GDP is now 7% below its 2007 pre-crisis level. | The UK, a leading trading power and financial center, is the second largest economy in Europe after Germany. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these include nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aimed to lower London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 because of slower-than-expected economic growth and the impact of the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an asset purchase program of up to £375 billion (approximately $605 billion) as of December 2012. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy. GDP fell 0.1%, and the budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued to increase. |
|
Exports |
$478.90 billion
Ranked 9th. 1% more than United Kingdom |
$473.00 billion
Ranked 10th. |
|
GDP |
$2.01 trillion
Ranked 10th. |
$2.44 trillion
Ranked 7th. 21% more than Italy |
|
GDP > Per capita |
$29,393.12
per capita
Ranked 9th. |
$35,046.59
per capita
Ranked 21st. 19% more than Italy |
|
GDP > Per capita > PPP |
$29,800.00
Ranked 30th. |
$36,600.00
Ranked 21st. 23% more than Italy |
|
GDP > Purchasing power parity per capita |
$29,462.64
Ranked 27th. |
$35,152.70
Ranked 21st. 19% more than Italy |
|
GDP per capita |
$33,048.75
Ranked 24th. |
$38,514.46
Ranked 21st. 17% more than Italy |
|
Gross National Income |
$1.12 trillion
Ranked 7th. |
$1.48 trillion
Ranked 4th. 32% more than Italy |
|
Inflation rate > Consumer prices |
3.3%
Ranked 112th. 18% more than United Kingdom |
2.8%
Ranked 126th. |
|
Population below poverty line |
19.6%
Ranked 20th. 40% more than United Kingdom |
14%
Ranked 18th. |
|
Public debt |
126.9% of GDP
Ranked 7th. 43% more than United Kingdom |
88.7% of GDP
Ranked 19th. |
|
Unemployment rate |
10.7%
Ranked 39th. 34% more than United Kingdom |
8%
Ranked 51st. |
|
GDP > Composition, by sector of origin > Services |
73.8%
Ranked 31st. |
78.5%
Ranked 19th. 6% more than Italy |
|
Exports per capita |
$7,861.39
Ranked 39th. 5% more than United Kingdom |
$7,480.92
Ranked 41st. |
|
Distribution of family income > Gini index |
31.9
Ranked 11th. |
40
Ranked 1st. 25% more than Italy |
|
Human Development Index |
0.934
Ranked 18th. |
0.939
Ranked 15th. 1% more than Italy |
|
Tourist arrivals > Per capita |
734.95
per 1,000 people
Ranked 42nd. 49% more than United Kingdom |
494.59
per 1,000 people
Ranked 64th. |
|
GDP > Purchasing power parity |
$1.81 trillion
Ranked 10th. |
$2.31 trillion
Ranked 8th. 28% more than Italy |
|
Currency > PPP conversion factor to official exchange rate ratio |
1.05
Ranked 21st. |
1.1
Ranked 18th. 5% more than Italy |
|
Fiscal year | calendar year | 6 |
|
GDP > Composition by sector > Industry |
23.9%
Ranked 128th. 13% more than United Kingdom |
21.1%
Ranked 146th. |
|
Currency > Official exchange rate > LCU per US$, period average |
$1,736.21
Ranked 11th. 2743 times more than United Kingdom |
$0.63
Ranked 162nd. |
|
Inequality > GINI index |
36.03
Ranked 20th. About the same as United Kingdom |
35.97
Ranked 16th. |
|
Imports per capita |
$7,444.44
Ranked 46th. |
$10,177.53
Ranked 34th. 37% more than Italy |
|
Gross National Income per capita |
$19,656.98
Ranked 20th. |
$25,038.93
Ranked 9th. 27% more than Italy |
|
Tax > Highest marginal tax rate > Individual rate |
43%
Ranked 15th. 8% more than United Kingdom |
40%
Ranked 23th. |
|
Technology index |
4.08
Ranked 49th. |
4.92
Ranked 17th. 21% more than Italy |
|
Development > Human Development Index |
0.881
Ranked 25th. 1% more than United Kingdom |
0.875
Ranked 26th. |
|
GDP > Per capita > PPP per thousand people |
$0.49
Ranked 114th. |
$0.58
Ranked 109th. 18% more than Italy |
|
Exports > Commodities | engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; food, beverages and tobacco; minerals, nonferrous metals | manufactured goods, fuels, chemicals; food, beverages, tobacco | |
Poverty and inequality > Richest quintile to poorest quintile ratio |
6.5
Ranked 6th. |
7.2
Ranked 2nd. 11% more than Italy |
|
Imports |
$453.50 billion
Ranked 12th. |
$643.50 billion
Ranked 5th. 42% more than Italy |
|
Budget > Expenditures |
$1.02 trillion
Ranked 7th. |
$1.19 trillion
Ranked 6th. 16% more than Italy |
|
GINI index |
36.03
Ranked 20th. About the same as United Kingdom |
35.97
Ranked 14th. |
|
Reserves of foreign exchange and gold per capita |
$1,588.71
Ranked 36th. 69% more than United Kingdom |
$939.55
Ranked 58th. |
|
Debt > Net foreign assets > Current LCU |
-31,765,158,209.106
Ranked 160th. |
180.31 billion
Ranked 76th. |
|
Tourist arrivals |
42.73 million
Ranked 6th. 42% more than United Kingdom |
30.14 million
Ranked 7th. |
|
Budget > Revenues > Per capita |
$15,509.73
per capita
Ranked 4th. |
$18,987.68
per capita
Ranked 15th. 22% more than Italy |
|
Inbound tourism income > Current US$ |
$48.79 billion
Ranked 6th. 8% more than United Kingdom |
$45.34 billion
Ranked 7th. |
|
Tax > Tax rates |
37.6
Ranked 20th. |
38.26
Ranked 18th. 2% more than Italy |
|
GDP per person |
35,083.65
Ranked 23th. |
35,164.86
Ranked 22nd. About the same as Italy |
|
Exports > Main exports | Machinery and transport equipment, chemicals, clothes, wine | Manufactured goods, chemicals, foodstuffs | |
Budget > Revenues per capita |
$15,546.42
Ranked 14th. 4% more than United Kingdom |
$14,881.68
Ranked 17th. |
|
Debt > External |
$2.49 trillion
Ranked 7th. |
$10.09 trillion
Ranked 2nd. 4 times more than Italy |
|
Gross domestic savings > Current US$ per capita |
6,272.72$
Ranked 19th. 33% more than United Kingdom |
4,722.68$
Ranked 21st. |
|
Central bank discount rate |
1.5%
Ranked 42nd. 3 times more than United Kingdom |
0.5%
Ranked 49th. |
|
Debt > External > Per capita |
$40,328.31
per capita
Ranked 14th. |
$171,942.20
per capita
Ranked 3rd. 4 times more than Italy |
|
GDP > Composition by sector > Services |
74.1%
Ranked 27th. |
78.2%
Ranked 20th. 6% more than Italy |
|
Tax > GDP > Constant LCU |
1.39 trillion
Ranked 60th. 6% more than United Kingdom |
1.31 trillion
Ranked 62nd. |
|
Tourism > International tourism, number of arrivals per capita |
0.759
Ranked 55th. 63% more than United Kingdom |
0.467
Ranked 75th. |
|
International tourism > Receipts > Current US$ > Per $ GDP |
21.71$
per $1,000 of GDP
Ranked 73th. 21% more than United Kingdom |
18$
per $1,000 of GDP
Ranked 77th. |
|
Consumer spending |
59.93
Ranked 80th. |
65.31
Ranked 66th. 9% more than Italy |
|
Consumer price index |
112.71%
Ranked 112th. |
112.76%
Ranked 111th. The same as Italy |
|
GDP > Composition by sector > Agriculture |
2%
Ranked 175th. 3 times more than United Kingdom |
0.7%
Ranked 204th. |
|
GDP per capita > PPP > Current international $ |
28,529.09 PPP $
Ranked 22nd. |
33,238.21 PPP $
Ranked 12th. 17% more than Italy |
|
Industries | tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics | machine tools, electric power equipment, automation equipment, railroad equipment, shipbuilding, aircraft, motor vehicles and parts, electronics and communications equipment, metals, chemicals, coal, petroleum, paper and paper products, food processing, textiles, clothing, other consumer goods |
|
GDP > Composition, by end use > Imports of goods and services |
-29.1%
Ranked 33th. |
-33.8%
Ranked 52nd. 16% more than Italy |
|
New businesses registered > Number > Per capita |
1.33
per 1,000 people
Ranked 27th. |
7.4
per 1,000 people
Ranked 3rd. 6 times more than Italy |
|
GDP per capita > Constant LCU | 20979.87 | 17772.08 |
|
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US |
$28.98 billion
Ranked 10th. 17% more than United Kingdom |
$24.80 billion
Ranked 14th. |
|
Labor force |
25
Ranked 90th. |
32
Ranked 83th. 28% more than Italy |
|
Trade > With US > US imports of bauxite and aluminum |
10,131
Ranked 34th. |
29,162
Ranked 22nd. 3 times more than Italy |
|
GDP > Real growth rate |
-2.4%
Ranked 185th. |
0.2%
Ranked 152nd. |
|
Debt > Government debt > Gross government debt, share of GDP |
126.98 IMF
Ranked 5th. 41% more than United Kingdom |
90.31 IMF
Ranked 16th. |
|
Debt > Central government debt, total > Current LCU |
1.75 trillion
Ranked 16th. 14% more than United Kingdom |
1.53 trillion
Ranked 17th. |
|
International tourism > Number of arrivals |
36.51 million
Ranked 5th. 22% more than United Kingdom |
29.97 million
Ranked 6th. |
|
Economic growth > Per capita |
-5.65
Ranked 138th. 1% more than United Kingdom |
-5.58
Ranked 137th. |
|
Foreign direct investment > Net > BoP > Current US$ per capita |
-360.515 BoP $
Ranked 124th. |
917.67 BoP $
Ranked 9th. |
|
GDP per capita > Constant 2000 US$ |
19,329.16 constant 2000 US$
Ranked 24th. |
26,890.73 constant 2000 US$
Ranked 11th. 39% more than Italy |
|
GDP in 1970 |
$107.70
Ranked 6th. |
$123.60
Ranked 5th. 15% more than Italy |
|
Micro > Small and medium enterprises > Number > Per capita |
77.88
per 1,000 people
Ranked 1st. 6% more than United Kingdom |
73.79
per 1,000 people
Ranked 4th. |
|
Economic freedom |
60.6
Ranked 83th. |
74.8
Ranked 14th. 23% more than Italy |
|
GDP > Official exchange rate per capita |
$33,678.67
Ranked 22nd. |
$36,276.82
Ranked 21st. 8% more than Italy |
|
Stock of direct foreign investment > At home |
$457.80 billion
Ranked 18th. |
$1.32 trillion
Ranked 4th. 3 times more than Italy |
|
Current account balance |
$-15,210,000,000.00
Ranked 169th. |
$-93,600,000,000.00
Ranked 179th. 6 times more than Italy |
|
Agriculture > Products | fruits, vegetables, grapes, potatoes, sugar beets, soybeans, grain, olives; beef, dairy products; fish | cereals, oilseed, potatoes, vegetables; cattle, sheep, poultry; fish |
|
Trade > Imports per capita |
$7,600.43
Ranked 31st. |
$8,776.13
Ranked 27th. 15% more than Italy |
|
Currency | euro | British pound | |
Current account balance > BoP > Current US$ per capita |
-473.049 BoP $
Ranked 105th. |
-821.241 BoP $
Ranked 112th. 74% more than Italy |
|
GNI per capita |
$35,320.00
Ranked 1st. |
$37,780.00
Ranked 24th. 7% more than Italy |
|
GDP > Purchasing power parity > Per capita |
$29,393.12
per capita
Ranked 9th. |
$35,046.59
per capita
Ranked 21st. 19% more than Italy |
|
Companies > Listed domestic companies, total |
279
Ranked 31st. |
2,179
Ranked 8th. 8 times more than Italy |
|
Trade > Exports per capita |
$7,578.94
Ranked 33th. 16% more than United Kingdom |
$6,513.45
Ranked 38th. |
|
Business > Companies > Corporate governance (overall rating) |
5.25
Ranked 14th. |
7.6
Ranked 1st. 45% more than Italy |
|
Current account balance per capita |
0.0
Ranked 119th. |
0.0
Ranked 109th. |
|
Tourism > International tourism, number of arrivals |
46.12 million
Ranked 6th. 57% more than United Kingdom |
29.31 million
Ranked 8th. |
|
Gross national saving |
17.2% of GDP
Ranked 92nd. 56% more than United Kingdom |
11% of GDP
Ranked 121st. |
|
Tax > GDP > Constant LCU per capita |
22,801.86
Ranked 109th. 10% more than United Kingdom |
20,784.57
Ranked 113th. |
|
Retail > Gross value added by wholesale, retail trade, restaurants and hotels |
270.45 billion
Ranked 9th. |
360.77 billion
Ranked 4th. 33% more than Italy |
|
Companies > Market capitalization of listed companies > Current US$ per capita |
$7,886.88
Ranked 37th. |
$47,755.58
Ranked 11th. 6 times more than Italy |
|
Market capitalization of listed companies > Current US$ per capita |
13,618.96$
Ranked 31st. |
50,779.86$
Ranked 9th. 4 times more than Italy |
|
Household final > Consumption expenditure > Current US$ per capita |
17,698.86$
Ranked 13th. |
23,830.31$
Ranked 4th. 35% more than Italy |
|
Budget > Expenditures per capita |
$17,227.87
Ranked 15th. |
$18,531.85
Ranked 13th. 8% more than Italy |
|
Reserves > Total reserves > Includes gold, current US$ |
$181.67 billion
Ranked 15th. 73% more than United Kingdom |
$105.19 billion
Ranked 23th. |
|
Stock of broad money | None | None |
|
Exchange rates | euros (EUR) per US dollar -<br />0.78 (2012 est.)<br />0.72 (2011 est.)<br />0.76 (2010 est.)<br />0.72 (2009 est.)<br />0.68 (2008 est.) | British pounds (GBP) per US dollar -<br />0.63 (2012 est.)<br />0.62 (2011 est.)<br />0.65 (2010 est.)<br />0.62 (2009)<br />0.53 (2008) |
|
Debt > External per capita |
$39,494.54
Ranked 14th. |
$171,348.98
Ranked 3rd. 4 times more than Italy |
|
Gross fixed capital formation > Current US$ > Per $ GDP |
0.206$
per $1 of GDP
Ranked 79th. 24% more than United Kingdom |
0.166$
per $1 of GDP
Ranked 125th. |
|
Exports > Partners | Germany 12.8%, France 11.3%, US 6.6%, Switzerland 5.8%, UK 5%, Spain 4.8% | Germany 11.3%, US 10.5%, Netherlands 8.8%, France 7.4%, Ireland 6.2%, Belgium 5.1% |
|
GDP > Official exchange rate |
$1.99 trillion
Ranked 9th. |
$2.44 trillion
Ranked 6th. 23% more than Italy |
|
GDP per capita > PPP > Constant 2000 international $ |
25,381.09 PPP 2000 $
Ranked 22nd. |
29,570.6 PPP 2000 $
Ranked 12th. 17% more than Italy |
|
Investment > Gross fixed |
18.2% of GDP
Ranked 114th. 31% more than United Kingdom |
13.9% of GDP
Ranked 136th. |
|
Interest rate spread > Lending rate minus deposit rate |
4.88%
Ranked 99th. 79% more than United Kingdom |
2.72%
Ranked 130th. |
|
Income receipts > BoP > Current US$ per capita |
1,046.93 BoP $
Ranked 26th. |
5,642.01 BoP $
Ranked 7th. 5 times more than Italy |
|
Tax > Highest marginal tax rate > Corporate rate |
31.4%
Ranked 27th. 12% more than United Kingdom |
28%
Ranked 48th. |
|
Stock of narrow money | None | None |
|
GDP > Composition, by sector of origin > Industry |
24.2%
Ranked 126th. 16% more than United Kingdom |
20.8%
Ranked 152nd. |
|
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita |
$8,451.00
Ranked 27th. |
$11,141.77
Ranked 23th. 32% more than Italy |
|
Debt > Net domestic credit > Current LCU |
2.62 trillion
Ranked 40th. |
3.24 trillion
Ranked 36th. 23% more than Italy |
|
Government spending |
235.14 billion
Ranked 8th. |
333.79 billion
Ranked 7th. 42% more than Italy |
|
Net current transfers from abroad > Constant LCU | -8540961000 | -10125320000 |
|
Foreign direct investment > Net inflows > BoP > Current US$ per capita |
334.18 BoP $
Ranked 39th. |
2,636.82 BoP $
Ranked 7th. 8 times more than Italy |
|
GDP > Current LCU | 1417241000000 | 1209334000000 |
|
High-technology > Exports > Current US$ > Per capita |
$512,752.87
per 1,000 people
Ranked 28th. |
$1.01 million
per 1,000 people
Ranked 20th. 98% more than Italy |
|
GDP > Composition, by sector of origin > Agriculture |
2%
Ranked 176th. 3 times more than United Kingdom |
0.7%
Ranked 208th. |
|
Savings > Gross domestic savings > Current US$ per capita |
$6,297.29
Ranked 27th. 28% more than United Kingdom |
$4,909.40
Ranked 31st. |
|
Net barter terms of trade |
101.04%
Ranked 16th. |
105.31%
Ranked 9th. 4% more than Italy |
|
Tax > Tax payments > Number |
15
Ranked 127th. 88% more than United Kingdom |
8
Ranked 162nd. |
|
Tax > Components of taxation > Personal income tax |
25.5%
Ranked 15th. |
29.8%
Ranked 11th. 17% more than Italy |
|
Real interest rate |
3.17%
Ranked 85th. 21% more than United Kingdom |
2.61%
Ranked 88th. |
|
Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP |
641.61 BoP $
per $1 million of
Ranked 33th. |
6,050.1 BoP $
per $1 million of
Ranked 9th. 9 times more than Italy |
|
Gross domestic savings |
391.12 billion
Ranked 8th. 60% more than United Kingdom |
244.27 billion
Ranked 13th. |
|
Inflation |
108.27
Ranked 150th. |
111.28
Ranked 134th. 3% more than Italy |
|
Investment > External financial assets per capita |
€60,472.69
Ranked 19th. |
€88,413.11
Ranked 11th. 46% more than Italy |
|
Outbound tourist spending |
37.73 billion
Ranked 8th. |
84.22 billion
Ranked 4th. 2 times more than Italy |
|
Income > GNI, PPP > Current international $ per capita |
$32,917.37
Ranked 22nd. |
$37,342.92
Ranked 16th. 13% more than Italy |
|
Income > GNI per capita, PPP > Current international $ |
$32,920.00
Ranked 22nd. |
$37,340.00
Ranked 16th. 13% more than Italy |
|
Inequality > Gini coefficient > Level |
0.352 Different summary measure
Ranked 6th. 5% more than United Kingdom |
0.335 Different summary measure
Ranked 8th. |
|
Poverty > Poverty by individual and household characteristics > Poverty rate > Children |
15.5%
Ranked 9th. 54% more than United Kingdom |
10.08%
Ranked 20th. |
|
Tax > Total tax wedge > Single worker |
46.2%
Ranked 6th. 56% more than United Kingdom |
29.7%
Ranked 22nd. |
|
GDP > By type of expenditure > Household consumption expenditure per capita |
20,114.61
Ranked 29th. |
25,728.95
Ranked 15th. 28% more than Italy |
|
Reserves of foreign exchange and gold |
$181.70 billion
Ranked 15th. 73% more than United Kingdom |
$105.10 billion
Ranked 24th. |
|
Size of economy > GDP > GDP growth |
-2.369%
Ranked 172nd. |
0.273%
Ranked 148th. |
|
GDP > Constant 2000 US$ |
1.13 trillion constant 2000 US$
Ranked 7th. |
1.62 trillion constant 2000 US$
Ranked 5th. 43% more than Italy |
|
Tax > Highest marginal tax rate > Individual > On income exceeding > US$ |
$100,334.00
Ranked 16th. 52% more than United Kingdom |
$66,047.00
Ranked 27th. |
|
International tourism > Expenditures > Current US$ per capita |
451.46$
Ranked 25th. |
1,225.19$
Ranked 12th. 3 times more than Italy |
|
Purchasing power parity conversion factor > LCU per international $ | 0.85 | 0.6 |
|
Micro > Small and medium enterprises > Number |
4.49 million
Ranked 1st. 2% more than United Kingdom |
4.42 million
Ranked 3rd. |
|
GDP > Composition, by end use > Household consumption |
60.4%
Ranked 111th. |
65.8%
Ranked 89th. 9% more than Italy |
|
Poverty and inequality > Income inequality 1993-2011 |
36.03 latest available
Ranked 8th. About the same as United Kingdom |
35.97 latest available
Ranked 10th. |
|
Current transfers > Receipts > BoP > Current US$ |
24.38 billion BoP $
Ranked 4th. |
29.84 billion BoP $
Ranked 1st. 22% more than Italy |
|
Innovation > Patent applications, residents per million |
144.82
Ranked 24th. |
244.5
Ranked 10th. 69% more than Italy |
|
Tax > Taxes on income, profits and capital gains > Current LCU |
191.97 billion
Ranked 34th. |
199.9 billion
Ranked 33th. 4% more than Italy |
|
Debt > Net current transfers from abroad > Current LCU |
-15,862,300,000
Ranked 116th. |
-20,685,000,000
Ranked 118th. 30% more than Italy |
|
Debt > Government debt > Net government debt, share of GDP |
103.21 IMF
Ranked 6th. 25% more than United Kingdom |
82.78 IMF
Ranked 13th. |
|
Saving rate |
15.98
Ranked 70th. 31% more than United Kingdom |
12.19
Ranked 85th. |
|
GDP > PPP > Constant 2000 international $ per capita |
25,381.1 PPP 2000 $
Ranked 23th. |
29,571.68 PPP 2000 $
Ranked 12th. 17% more than Italy |
|
International tourism > Number of departures |
23.35 million
Ranked 9th. |
66.49 million
Ranked 2nd. 3 times more than Italy |
|
Economic aid > Donor |
$3.64 billion
Ranked 10th. |
$12.46 billion
Ranked 2nd. 3 times more than Italy |
|
Consumption > Consumption by sector > Equals: Household final consumption expenditure |
1.32 trillion USD
Ranked 5th. |
1.65 trillion USD
Ranked 3rd. 25% more than Italy |
|
Debt > Central government debt, total > Current LCU per capita |
28,825.18
Ranked 26th. 18% more than United Kingdom |
24,452.9
Ranked 30th. |
|
Net income > BoP > Current US$ > Per capita |
-291,403.167 BoP $
per 1,000 people
Ranked 107th. |
910,125.61 BoP $
per 1,000 people
Ranked 5th. |
|
GDP > CIA Factbook |
$1.55 trillion
Ranked 8th. |
$1.67 trillion
Ranked 6th. 7% more than Italy |
|
Poverty and inequality > Poorest's share in national income or consumption |
6.5%
Ranked 24th. 6% more than United Kingdom |
6.14%
Ranked 14th. |
|
Investment > External financial assets |
€3.72 trillion
Ranked 7th. |
€5.61 trillion
Ranked 4th. 51% more than Italy |
|
Debt > Net foreign assets > Current LCU per capita |
-521.441
Ranked 158th. |
2,851.71
Ranked 119th. |
|
Tax > GDP > Current LCU |
1.57 trillion
Ranked 75th. About the same as United Kingdom |
1.56 trillion
Ranked 76th. |
|
Taxes > Total tax revenue > Total tax revenue |
43.31%
Ranked 6th. 18% more than United Kingdom |
36.62%
Ranked 14th. |
|
GDP > PPP per capita |
$27,870.45
Ranked 20th. |
$30,604.93
Ranked 13th. 10% more than Italy |
|
GDP in 1970 per million |
$2.00
Ranked 17th. |
$2.22
Ranked 16th. 11% more than Italy |
|
GNI |
2.08 trillion
Ranked 8th. |
2.22 trillion
Ranked 7th. 7% more than Italy |
|
Development > Human Development Index > Inequality adjusted |
0.776
Ranked 24th. |
0.802
Ranked 19th. 3% more than Italy |
|
GDP > PPP |
$1.62 trillion
Ranked 8th. |
$1.83 trillion
Ranked 6th. 13% more than Italy |
|
Market capitalization of listed companies > Current US$ |
798.17 billion$
Ranked 11th. |
3.06 trillion$
Ranked 3rd. 4 times more than Italy |
|
Companies > Listed domestic companies, total per million |
4.58
Ranked 72nd. |
34.46
Ranked 25th. 8 times more than Italy |
|
Tax > GDP > Current US$ per capita |
$33,071.84
Ranked 25th. |
$39,093.47
Ranked 22nd. 18% more than Italy |
|
Trade > Exports to US |
$6.10 billion
Ranked 10th. |
$10.17 billion
Ranked 6th. 67% more than Italy |
|
Industrial production growth rate |
-4.1%
Ranked 158th. 2% more than United Kingdom |
-4%
Ranked 157th. |
|
Purchasing power parity > GDP per capita > PPP > Current international $ |
$31,908.63
Ranked 23th. |
$36,495.76
Ranked 16th. 14% more than Italy |
|
World trade > Exports |
506.41 billion
Ranked 9th. |
601.63 billion
Ranked 7th. 19% more than Italy |
|
Labor force > By occupation > Agriculture |
3.9%
Ranked 152nd. 3 times more than United Kingdom |
1.4%
Ranked 176th. |
|
Tourist arrivals by region of origin > Europe |
31.57 million
Ranked 3rd. 45% more than United Kingdom |
21.74 million
Ranked 4th. |
|
Bank capital to assets ratio |
7.3%
Ranked 57th. |
8.5%
Ranked 48th. 16% more than Italy |
|
Labor force > By occupation > Services |
67.8%
Ranked 11th. |
80.4%
Ranked 1st. 19% more than Italy |
|
Companies > Stock market > Stocks traded, total value > Current US$ per capita |
$12,470.42
Ranked 20th. |
$39,358.90
Ranked 6th. 3 times more than Italy |
|
Lending interest rate |
5.31%
Ranked 130th. 14% more than United Kingdom |
4.65%
Ranked 133th. |
|
Industrial > Production growth rate |
0.5%
Ranked 137th. |
1.9%
Ranked 123th. 4 times more than Italy |
|
Tax > Taxes on income, profits and capital gains > Current LCU per capita |
3,161.46
Ranked 54th. |
3,185.45
Ranked 53th. 1% more than Italy |
|
Spending > Household final consumption expenditure per capita > Constant 2000 US$ |
$16,802.97
Ranked 21st. |
$24,119.89
Ranked 6th. 44% more than Italy |
|
Tax > GDP per capita > Constant LCU |
22,801.86
Ranked 109th. 10% more than United Kingdom |
20,784.57
Ranked 113th. |
|
Income > GDP per capita, PPP > Current international $ |
$33,133.65
Ranked 26th. |
$37,455.93
Ranked 22nd. 13% more than Italy |
|
Technological achievement |
0.47
Ranked 19th. |
0.61
Ranked 7th. 30% more than Italy |
|
Business > Companies > Specific companies > IKEA > Debut |
1,989
Ranked 29th. About the same as United Kingdom |
1,987
Ranked 30th. |
|
Currency > Real effective exchange rate index > 2005 = 100 |
97.59
Ranked 66th. 9% more than United Kingdom |
89.33
Ranked 89th. |
|
Net domestic credit > Current LCU | 1543123000000 | 2032084000000 |
|
International tourism > Receipts > Current US$ per capita |
652.89$
Ranked 32nd. |
657.09$
Ranked 31st. 1% more than Italy |
|
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita |
4,439.65
Ranked 36th. |
5,705.97
Ranked 25th. 29% more than Italy |
|
GDP > By type of expenditure > Household consumption expenditure |
1.23 trillion
Ranked 7th. |
1.63 trillion
Ranked 4th. 33% more than Italy |
|
Household spending per capita |
11,320.31
Ranked 19th. |
18,342.65
Ranked 6th. 62% more than Italy |
|
Commercial bank prime lending rate |
5.22%
Ranked 152nd. 24% more than United Kingdom |
4.22%
Ranked 160th. |
|
Companies > Market capitalization of listed companies > Current US$ |
$480.45 billion
Ranked 21st. |
$3.02 trillion
Ranked 5th. 6 times more than Italy |
|
Current account balance > BoP > Current US$ |
-27,724,030,000 BoP $
Ranked 132nd. |
-49,458,680,000 BoP $
Ranked 135th. 78% more than Italy |
|
Trade > Imports |
$459.70 billion
Ranked 7th. |
$546.50 billion
Ranked 6th. 19% more than Italy |
|
Currency > Real effective exchange rate index |
110.95%
Ranked 31st. 10% more than United Kingdom |
101.3%
Ranked 54th. |
|
Currency > Official exchange rate > LCU per US$ > Period average | 0.8 | 0.54 |
|
Oil > Exports |
529,100 bbl/day
Ranked 26th. |
1.31 million bbl/day
Ranked 19th. 2 times more than Italy |
|
GDP > CIA Factbook per capita |
$26,907.55
Ranked 19th. |
$27,968.85
Ranked 16th. 4% more than Italy |
|
GDP > Composition, by end use > Exports of goods and services |
30.2%
Ranked 121st. |
31.6%
Ranked 116th. 5% more than Italy |
|
Purchasing power parity > GNI per capita > PPP > Current international $ |
$31,360.00
Ranked 21st. |
$37,230.00
Ranked 12th. 19% more than Italy |
|
Income > Health expenditure per capita, PPP > Constant 2005 international $ |
$3,129.54
Ranked 20th. |
$3,321.67
Ranked 16th. 6% more than Italy |
|
Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita |
21,691.62 USD
Ranked 15th. |
26,057.87 USD
Ranked 9th. 20% more than Italy |
|
Tax > GDP > Current LCU per capita |
25,723.28
Ranked 126th. 4% more than United Kingdom |
24,746.17
Ranked 129th. |
|
Spending > Household final consumption expenditure > Current US$ per capita |
$20,127.38
Ranked 22nd. |
$25,730.86
Ranked 11th. 28% more than Italy |
|
Debt > Strength of legal rights index > 0=weak to 10=strong per million |
0.0492
Ranked 174th. |
0.158
Ranked 147th. 3 times more than Italy |
|
Oil > Production |
151,800 bbl/day
Ranked 44th. |
1.39 million bbl/day
Ranked 20th. 9 times more than Italy |
|
Economy growth |
-5.04
Ranked 138th. 2% more than United Kingdom |
-4.92
Ranked 136th. |
|
Trade > Exports > Exports of goods and services |
608.35 billion
Ranked 8th. |
780.14 billion
Ranked 4th. 28% more than Italy |
|
Purchasing power parity > Gross domestic product per capita > PPP |
26,577.57
Ranked 25th. |
32,146.76
Ranked 18th. 21% more than Italy |
|
Trade > Export value index |
113.76%
Ranked 26th. |
116.58%
Ranked 24th. 2% more than Italy |
|
Debt > Interest payments > Current LCU |
72.82 billion
Ranked 29th. 49% more than United Kingdom |
48.91 billion
Ranked 32nd. |
|
Innovation |
23.3
Ranked 20th. |
27
Ranked 4th. 16% more than Italy |
|
Electricity > Consumption per capita |
5,256.37 kWh
Ranked 36th. |
5,614.6 kWh
Ranked 31st. 7% more than Italy |
|
Market capitalization of listed companies > Current US$ > Per $ GDP |
452.86$
per $1,000 of GDP
Ranked 45th. |
1,390.85$
per $1,000 of GDP
Ranked 13th. 3 times more than Italy |
|
GDP > CIA Factbook > Per capita |
$26,907.55 per capita
Ranked 20th. |
$27,961.52 per capita
Ranked 16th. 4% more than Italy |
|
Household spending |
681.72 billion
Ranked 8th. |
1.13 trillion
Ranked 5th. 66% more than Italy |
|
Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita |
$14,858.42
Ranked 23th. |
$20,354.36
Ranked 7th. 37% more than Italy |
|
GDP > Composition, by end use > Government consumption |
20.5%
Ranked 41st. |
21.8%
Ranked 28th. 6% more than Italy |
|
GDP > Per $ GDP |
$29,393.12
per $1 of GDP
Ranked 9th. |
$35,046.59
per $1 of GDP
Ranked 21st. 19% more than Italy |
|
Spending > Household final consumption expenditure, etc. > Current US$ |
$1.23 trillion
Ranked 9th. |
$1.62 trillion
Ranked 6th. 32% more than Italy |
|
Entrepreneurship > Starting a Business > Index ranking |
45
Ranked 110th. 5 times more than United Kingdom |
9
Ranked 146th. |
|
Gross domestic savings > Current US$ |
367.63 billion$
Ranked 4th. 29% more than United Kingdom |
284.42 billion$
Ranked 5th. |
|
GDP > Constant 2000 US$ per capita |
19,329.16 constant 2000 US$
Ranked 24th. |
26,891.7 constant 2000 US$
Ranked 11th. 39% more than Italy |
|
GNI > Current US$ per capita |
29,975.15$
Ranked 19th. |
37,303.51$
Ranked 10th. 24% more than Italy |
|
Gross Domestic Product > GDP > Size of GDP > GDP per capita |
$30,381.22 US dollars, current price
Ranked 20th. |
$35,668.88 US dollars, current price
Ranked 13th. 17% more than Italy |
|
Trade > Exports |
$458.40 billion
Ranked 7th. 13% more than United Kingdom |
$405.60 billion
Ranked 10th. |
|
Purchasing power parity > GDP > PPP > Current international $ |
$1.92 trillion
Ranked 11th. |
$2.26 trillion
Ranked 8th. 17% more than Italy |
|
Public expenditure > Social expenditure > Public social expenditure |
25%
Ranked 8th. 17% more than United Kingdom |
21.3%
Ranked 13th. |
|
Entrepreneurship > Hiring and Firing > Index ranking |
138
Ranked 17th. 9 times more than United Kingdom |
15
Ranked 139th. |
|
Income > GDP, PPP > Current international $ per capita |
$33,133.65
Ranked 26th. |
$37,455.93
Ranked 22nd. 13% more than Italy |
|
Total > Reserves in months of imports |
1.46
Ranked 111th. 3 times more than United Kingdom |
0.55
Ranked 127th. |
|
Imports > Commodities | engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages, and tobacco | manufactured goods, machinery, fuels; foodstuffs | |
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults |
97.11
Ranked 17th. |
124.28
Ranked 9th. 28% more than Italy |
|
Business > Companies > Specific companies > Apple Stores |
14
Ranked 6th. |
37
Ranked 2nd. 3 times more than Italy |
|
Inflation > Consumer price index > 2005 = 100 |
116.36
Ranked 158th. |
122.99
Ranked 124th. 6% more than Italy |
|
Gross domestic savings > Current US$ > Per $ GDP |
208.58$
per $1,000 of GDP
Ranked 54th. 61% more than United Kingdom |
129.35$
per $1,000 of GDP
Ranked 89th. |
|
GDP > Constant LCU | 1229568000000 | 1070350000000 |
|
Poverty and inequality > Inequality adjusted income index |
0.673
Ranked 24th. |
0.709
Ranked 18th. 5% more than Italy |
|
Trade > Export growth |
5.03
Ranked 76th. |
-5.28
Ranked 111th. |
|
Welfare > Revenue, excluding grants > Current LCU |
593.7 billion
Ranked 38th. 6% more than United Kingdom |
558.34 billion
Ranked 40th. |
|
Welfare > Social contributions > Current LCU |
214.95 billion
Ranked 19th. 75% more than United Kingdom |
123.04 billion
Ranked 25th. |
|
Labor force per thousand people |
0.000407
Ranked 156th. |
0.000505
Ranked 108th. 24% more than Italy |
|
Business > Companies > Specific companies > Carrefour > First store |
1,993
Ranked 11th. 1% more than United Kingdom |
1,972
Ranked 16th. |
|
Business efficiency |
45.82
Ranked 44th. |
68.52
Ranked 20th. 50% more than Italy |
|
Trade > Imports > Imports of goods and services |
585.65 billion
Ranked 9th. |
834.86 billion
Ranked 4th. 43% more than Italy |
|
Debt > Government debt > Net government debt, share of GDP per million people |
1.68 IMF
Ranked 53th. 29% more than United Kingdom |
1.31 IMF
Ranked 57th. |
|
GDP > Median household income (PPP) |
$24,504.00
Ranked 33th. |
$38,573.00
Ranked 21st. 57% more than Italy |
|
Household final > Consumption expenditure per capita > Constant 2000 US$ |
11,504.4 constant 2000 US$
Ranked 14th. |
18,129.09 constant 2000 US$
Ranked 3rd. 58% more than Italy |
|
Public institution index |
4.64
Ranked 47th. |
6.23
Ranked 7th. 34% more than Italy |
|
GNI > Atlas method > Current US$ per capita |
30,251.35$
Ranked 19th. |
37,737.52$
Ranked 10th. 25% more than Italy |
|
Income > Household final consumption expenditure, PPP > Constant 2005 international $ |
$905.14 billion
Ranked 12th. |
$1.29 trillion
Ranked 8th. 42% more than Italy |
|
Income > GNI, PPP > Current international $ |
$2.01 trillion
Ranked 11th. |
$2.36 trillion
Ranked 9th. 18% more than Italy |
|
Income > GDP, PPP > Current international $ |
$2.02 trillion
Ranked 12th. |
$2.37 trillion
Ranked 9th. 17% more than Italy |
|
Currency > Monetary unit | 1 euro = 100 cents | 1 pound sterling = 100 pence | |
Budget > Expenditures > Per $ GDP |
$0.50
per $1 of GDP
Ranked 11th. 10% more than United Kingdom |
$0.46
per $1 of GDP
Ranked 22nd. |
|
Aid > Untied given per million people |
$14.24 million
Ranked 20th. |
$49.39 million
Ranked 17th. 3 times more than Italy |
|
Taxes and other revenues |
48.5% of GDP
Ranked 13th. 20% more than United Kingdom |
40.4% of GDP
Ranked 37th. |
|
Patents granted |
13 per million people
Ranked 41st. |
82 per million people
Ranked 18th. 6 times more than Italy |
|
Balance of payments > Financial > Reserves |
-9,002,780,104.71
Ranked 128th. |
-9,559,688,323.44
Ranked 130th. 6% more than Italy |
|
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U |
$509.80 billion
Ranked 9th. |
$588.60 billion
Ranked 7th. 15% more than Italy |
|
Balance of payments > Current account > Balances > Current account balance > Current US$ |
$-66,198,814,996.28
Ranked 141st. 2 times more than United Kingdom |
$-27,060,601,906.50
Ranked 136th. |
|
Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks |
$294,877.00 Million US dollars
Ranked 8th. |
$1.13 million Million US dollars
Ranked 2nd. 4 times more than Italy |
|
Oil > Proved reserves |
476.5 million bbl
Ranked 47th. |
2.86 billion bbl
Ranked 29th. 6 times more than Italy |
|
Companies > Ease of doing business index > 1=most business-friendly regulations |
65
Ranked 124th. 7 times more than United Kingdom |
10
Ranked 179th. |
|
Natural gas > Production |
8.3 billion cu m
Ranked 23th. |
56.3 billion cu m
Ranked 13th. 7 times more than Italy |
|
GDP deflator |
115.26
Ranked 138th. 2% more than United Kingdom |
112.98
Ranked 142nd. |
|
New businesses registered > Number |
77,587
Ranked 8th. |
449,700
Ranked 2nd. 6 times more than Italy |
|
Oil > Consumption |
1.53 million bbl/day
Ranked 15th. |
1.62 million bbl/day
Ranked 14th. 6% more than Italy |
|
Tourism > International tourism, receipts > Current US$ |
$45.37 billion
Ranked 8th. |
$45.94 billion
Ranked 7th. 1% more than Italy |
|
Electricity > Consumption |
314.5 billion kWh
Ranked 10th. |
344.7 billion kWh
Ranked 9th. 10% more than Italy |
|
Spending > Final consumption expenditure > Constant 2000 US$ per capita |
$22,625.83
Ranked 22nd. |
$32,457.98
Ranked 8th. 43% more than Italy |
|
Tax > GDP > Current US$ |
$2.01 trillion
Ranked 10th. |
$2.47 trillion
Ranked 7th. 23% more than Italy |
|
Currency > GDP > Constant 2000 US$ per capita |
$28,356.29
Ranked 25th. |
$37,790.26
Ranked 15th. 33% more than Italy |
|
Portfolio investment > Excluding LCFAR > BoP > Current US$ |
-272,484,100,000 BoP $
Ranked 112th. |
-521,221,300,000 BoP $
Ranked 118th. 91% more than Italy |
|
Net trade in goods and services > BoP > Current US$ |
-585,118,100 BoP $
Ranked 81st. |
-82,281,890,000 BoP $
Ranked 136th. 141 times more than Italy |
|
Net capital account > BoP > Current US$ |
2.8 billion BoP $
Ranked 5th. |
6.05 billion BoP $
Ranked 2nd. 2 times more than Italy |
|
Budget > Expenditures > Per capita |
$17,187.22
per capita
Ranked 3rd. |
$20,386.26
per capita
Ranked 13th. 19% more than Italy |
|
GDP > Composition, by end use > Investment in inventories |
0.0
Ranked 127th. |
0.3%
Ranked 100th. |
|
Economic growth > Evolution of GDP > Real GDP growth |
1.46%
Ranked 29th. |
3.03%
Ranked 18th. 2 times more than Italy |
|
Tourist arrivals by region of origin > Africa |
250,705
Ranked 17th. |
654,000
Ranked 7th. 3 times more than Italy |
|
Taxes > Taxes on the average worker > Taxes on the average worker |
45.87%
Ranked 6th. 34% more than United Kingdom |
34.11%
Ranked 20th. |
|
Purchasing power parity > GNI > PPP > Current international $ |
$1.89 trillion
Ranked 11th. |
$2.30 trillion
Ranked 8th. 22% more than Italy |
|
Debt > External > Per $ GDP |
$1,060.85
per $1,000 of GDP
Ranked 18th. |
$3,530.89
per $1,000 of GDP
Ranked 2nd. 3 times more than Italy |
|
Government > Revenue > Tax > Maximum tax rate for individuals |
23%
Ranked 3rd. |
0.0
Ranked 1st. |
|
GNI > PPP > Current international $ |
1.67 trillion PPP $
Ranked 8th. |
2.05 trillion PPP $
Ranked 6th. 23% more than Italy |
|
Trade > With US > US imports of bauxite and aluminum per 1000 |
0.174
Ranked 53th. |
0.487
Ranked 40th. 3 times more than Italy |
|
Investment > Foreign investment > Commitment to Development Index (investment) |
5.4
Ranked 10th. |
6.3
Ranked 3rd. 17% more than Italy |
|
High-technology > Exports > Current US$ |
$29.81 billion
Ranked 14th. |
$61.77 billion
Ranked 9th. 2 times more than Italy |
|
Stock of direct foreign investment > Abroad |
$653.30 billion
Ranked 13th. |
$1.81 trillion
Ranked 2nd. 3 times more than Italy |
|
Oil > Exports per thousand people |
8.79 bbl/day
Ranked 50th. |
21.21 bbl/day
Ranked 34th. 2 times more than Italy |
|
Overall productivity > PPP |
$65,755.30
Ranked 4th. 29% more than United Kingdom |
$50,825.40
Ranked 21st. |
|
Final > Consumption expenditure > Etc. > Current US$ |
1.39 trillion$
Ranked 4th. |
1.91 trillion$
Ranked 2nd. 37% more than Italy |
|
Deposit interest rate |
0.95%
Ranked 147th. |
4.48%
Ranked 119th. 5 times more than Italy |
|
Gross National Income > Constant LCU | 1235493000000 | 1098318000000 |
|
GDP > Constant 2000 US$ > Per capita |
19,329.16 constant 2000 US$
per c
Ranked 24th. |
26,890.72 constant 2000 US$
per c
Ranked 11th. 39% more than Italy |
|
National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ |
$18,479.19
Ranked 24th. |
$27,259.20
Ranked 12th. 48% more than Italy |
|
Income > GDP per capita, PPP > Constant 2005 international $ |
$26,310.46
Ranked 31st. |
$32,671.24
Ranked 19th. 24% more than Italy |
|
Scientific and technical journals > Articles published |
26,544
Ranked 9th. |
47,121.3
Ranked 5th. 78% more than Italy |
|
Goods imports > BoP > Current US$ |
372.69 billion BoP $
Ranked 7th. |
509.35 billion BoP $
Ranked 4th. 37% more than Italy |
|
Foreign direct investment > Net > BoP > Current US$ > Per capita |
-360,515.33 BoP $
per 1,000 people
Ranked 126th. |
917,640.74 BoP $
per 1,000 people
Ranked 10th. |
|
Net income > BoP > Current US$ |
-17,078,280,000 BoP $
Ranked 132nd. |
54.81 billion BoP $
Ranked 2nd. |
|
GDP per unit of energy use |
8.17 PPP 2000 $/kg of oil eq.
Ranked 15th. 13% more than United Kingdom |
7.25 PPP 2000 $/kg of oil eq.
Ranked 24th. |
|
Oil > Consumption per thousand people |
25.26 bbl/day
Ranked 68th. |
26.05 bbl/day
Ranked 66th. 3% more than Italy |
|
Budget > Revenues > Per $ GDP |
$0.46
per $1 of GDP
Ranked 19th. 7% more than United Kingdom |
$0.43
per $1 of GDP
Ranked 30th. |
|
Natural gas > Production per capita |
137.19 cu m
Ranked 25th. |
904.11 cu m
Ranked 16th. 7 times more than Italy |
|
International tourism > Expenditures for travel items > Current US$ |
$30.84 billion
Ranked 7th. |
$69.79 billion
Ranked 4th. 2 times more than Italy |
|
Researchers in RandD > Per million people |
1,213.45 per million people
Ranked 30th. |
2,705.99 per million people
Ranked 9th. 2 times more than Italy |
|
Innovation > Research and development personnel > By sector > Business enterprise sector per thousand people |
0.759
Ranked 22nd. |
1.45
Ranked 15th. 91% more than Italy |
|
Government spending > Subsidies and other transfers > Current LCU per capita |
7,208.52
Ranked 50th. 25% more than United Kingdom |
5,753.21
Ranked 56th. |
|
Government spending > Subsidies and other transfers > Current LCU |
437.73 billion
Ranked 31st. 21% more than United Kingdom |
361.03 billion
Ranked 34th. |
|
Tax > Components of taxation > Property tax |
4.3%
Ranked 11th. |
11.9%
Ranked 1st. 3 times more than Italy |
|
Intellectual property > Patents granted |
6,380
Ranked 12th. |
7,173
Ranked 11th. 12% more than Italy |
|
Currency > DEC alternative conversion factor > LCU per US$ | 0.8 | 0.55 |
|
Labor force > By occupation > Industry |
28.3%
Ranked 30th. 55% more than United Kingdom |
18.2%
Ranked 100th. |
|
Stocks traded > Total value > Current US$ |
1.12 trillion$
Ranked 8th. |
4.17 trillion$
Ranked 3rd. 4 times more than Italy |
|
GDP > Composition, by end use > Investment in fixed capital |
17.9%
Ranked 141st. 25% more than United Kingdom |
14.3%
Ranked 169th. |
|
Trade > Exports > Goods and services |
28%
Ranked 107th. 4% more than United Kingdom |
27%
Ranked 110th. |
|
Royalty and license fees > Payments > BoP > Current US$ |
1.94 billion BoP $
Ranked 13th. |
9.07 billion BoP $
Ranked 4th. 5 times more than Italy |
|
Foreign direct investment > Net > BoP > Current US$ |
-21,128,740,000 BoP $
Ranked 132nd. |
55.27 billion BoP $
Ranked 3rd. |
|
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP |
0.263 BoP $
per $1 of GDP
Ranked 116th. |
0.305 BoP $
per $1 of GDP
Ranked 104th. 16% more than Italy |
|
Economic importance |
20.4
Ranked 5th. |
22.2
Ranked 4th. 9% more than Italy |
|
Stock of direct foreign investment > At home per capita |
$7,515.02
Ranked 37th. |
$20,892.80
Ranked 15th. 3 times more than Italy |
|
Economic aid > Donor per capita |
$60.85
Ranked 18th. |
$202.95
Ranked 8th. 3 times more than Italy |
|
Reserves > Total reserves minus gold > Current US$ |
$50.50 billion
Ranked 30th. |
$88.60 billion
Ranked 20th. 75% more than Italy |
|
Spending > Household final consumption expenditure > Constant 2000 US$ per capita |
$16,802.97
Ranked 21st. |
$24,119.89
Ranked 6th. 44% more than Italy |
|
Spending > Final consumption expenditure > Constant 2000 US$ |
$1.38 trillion
Ranked 8th. |
$2.05 trillion
Ranked 6th. 49% more than Italy |
|
Savings > Gross domestic savings > Current US$ |
$383.62 billion
Ranked 10th. 24% more than United Kingdom |
$310.41 billion
Ranked 15th. |
|
World Bank exchange rate |
0.72
Ranked 157th. 13% more than United Kingdom |
0.64
Ranked 167th. |
|
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country |
125.91
Ranked 132nd. About the same as United Kingdom |
125.3
Ranked 135th. |
|
Balance of payments > Current account > Balances > Net trade in goods > US$ |
$3.26 billion
Ranked 32nd. |
$-128,538,678,232.63
Ranked 141st. |
|
Trade > Exports > Goods |
403.9 billion
Ranked 8th. |
484.91 billion
Ranked 7th. 20% more than Italy |
|
Electricity > Production |
269.6 billion kWh
Ranked 13th. |
346 billion kWh
Ranked 11th. 28% more than Italy |
|
Electricity > Imports per capita |
738.46 kWh
Ranked 15th. 16 times more than United Kingdom |
46.29 kWh
Ranked 49th. |
|
Gender income ratio |
0.44%
Ranked 49th. |
0.61%
Ranked 18th. 39% more than Italy |
|
Gross fixed capital formation > Current US$ per capita |
6,191.11$
Ranked 15th. 2% more than United Kingdom |
6,076.68$
Ranked 16th. |
|
Household final > Consumption expenditure > Constant 2000 US$ per capita |
11,504.4 constant 2000 US$
Ranked 14th. |
18,129.76 constant 2000 US$
Ranked 3rd. 58% more than Italy |
|
Gross national expenditure > Current US$ > Per $ GDP |
1$
per $1 of GDP
Ranked 97th. |
1.04$
per $1 of GDP
Ranked 81st. 4% more than Italy |
|
Patent applications > Residents |
9,255
Ranked 9th. |
16,523
Ranked 7th. 79% more than Italy |
|
GNI > Atlas method > Current US$ > Per capita |
30,251.34$
per capita
Ranked 19th. |
37,736.15$
per capita
Ranked 10th. 25% more than Italy |
|
Income > GNI per capita, PPP > Constant 2005 international $ |
$26,141.81
Ranked 23th. |
$32,574.04
Ranked 15th. 25% more than Italy |
|
Income > GDP, PPP > Constant 2005 international $ per capita |
$26,310.46
Ranked 31st. |
$32,671.24
Ranked 19th. 24% more than Italy |
|
Income > GNI, PPP > Constant 2005 international $ |
$1.59 trillion
Ranked 11th. |
$2.06 trillion
Ranked 8th. 29% more than Italy |
|
International tourism > Receipts > Current US$ |
38.26 billion$
Ranked 5th. |
39.57 billion$
Ranked 3rd. 3% more than Italy |
|
Terms of trade |
132
Ranked 9th. 31% more than United Kingdom |
101
Ranked 34th. |
|
Oil > Production per thousand people |
2.51 bbl/day
Ranked 67th. |
22.37 bbl/day
Ranked 34th. 9 times more than Italy |
|
Gross savings > Current US$ per capita |
5,967.15$
Ranked 12th. 15% more than United Kingdom |
5,173.72$
Ranked 15th. |
|
Innovation > Patent applications, residents |
8,794
Ranked 11th. |
15,343
Ranked 8th. 74% more than Italy |
|
Innovation > Patent applications, nonresidents per million |
15.27
Ranked 58th. |
110.21
Ranked 20th. 7 times more than Italy |
|
Trade > Exports > Export growth in USD |
168.61
Ranked 101st. 30% more than United Kingdom |
129.49
Ranked 121st. |
|
Innovation > Scientific and technical journal articles |
26,755.3
Ranked 9th. |
45,648.8
Ranked 5th. 71% more than Italy |
|
GDP > PPP > Current international $ per capita |
28,529.1 PPP $
Ranked 23th. |
33,239.42 PPP $
Ranked 12th. 17% more than Italy |
|
Welfare > Revenue, excluding grants > Current LCU per capita |
9,777.03
Ranked 60th. 10% more than United Kingdom |
8,897.53
Ranked 65th. |
|
Micro > Small and medium enterprises > Number per 1000 |
77.88
Ranked 1st. 6% more than United Kingdom |
73.75
Ranked 4th. |
|
Transnational corporations > Affiliates |
1,769
Ranked 40th. |
2,683
Ranked 28th. 52% more than Italy |
|
Tax > Social security contributions |
36.14%
Ranked 12th. 71% more than United Kingdom |
21.13%
Ranked 34th. |
|
Tax > Taxes on income > Profits and capital gains > Current LCU |
208 billion
Ranked 23th. About the same as United Kingdom |
207.43 billion
Ranked 24th. |
|
Tax > Components of taxation > Social security > Employees contribution |
5.6%
Ranked 24th. |
6.8%
Ranked 19th. 21% more than Italy |
|
Imports > Partners | Germany 15.7%, France 8.9%, China 7%, Netherlands 5.8%, Spain 4.8%, Belgium 4.1% | Germany 12.6%, China 8%, Netherlands 7.5%, US 6.7%, France 5.4%, Belgium 4.4%, Norway 4% |
|
Oil > Imports per thousand people |
29.9 bbl/day
Ranked 45th. 27% more than United Kingdom |
23.46 bbl/day
Ranked 54th. |
|
Oil > Imports |
1.8 million bbl/day
Ranked 10th. 24% more than United Kingdom |
1.45 million bbl/day
Ranked 12th. |
|
Electricity > Production per capita |
4,478.95 kWh
Ranked 38th. |
5,597.71 kWh
Ranked 31st. 25% more than Italy |
|
Market value of publicly traded shares |
$431.50 billion
Ranked 20th. |
$3.11 trillion
Ranked 4th. 7 times more than Italy |
|
Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million |
$29.94 Billion US dollars, curre
Ranked 20th. |
$35.08 Billion US dollars, curre
Ranked 12th. 17% more than Italy |
|
GDP growth > Duration 1975-2000 |
2.1%
Ranked 40th. 5% more than United Kingdom |
2%
Ranked 45th. |
|
Trade balance with US |
$-3,562,600,000.00
Ranked 216th. 2 times more than United Kingdom |
$-1,454,200,000.00
Ranked 202nd. |
|
Household final > Consumption expenditure > Current US$ |
1.04 trillion$
Ranked 4th. |
1.44 trillion$
Ranked 2nd. 38% more than Italy |
|
Trade > Exports > Goods and services > Constant 2000 US$ |
288.54 billion constant 2000 US$
Ranked 8th. |
466.3 billion constant 2000 US$
Ranked 3rd. 62% more than Italy |
|
Household final > Consumption expenditure > Current US$ > Per capita |
17,698.86$
per capita
Ranked 13th. |
23,829.44$
per capita
Ranked 4th. 35% more than Italy |
|
Services > Etc. > Value added > Constant 2000 US$ |
710.82 billion constant 2000 US$
Ranked 5th. |
1.05 trillion constant 2000 US$
Ranked 2nd. 48% more than Italy |
|
Merchandise > Exports > Current US$ |
367.2 billion$
Ranked 8th. |
382.76 billion$
Ranked 7th. 4% more than Italy |
|
Gross fixed capital formation > Current US$ |
362.84 billion$
Ranked 5th. |
365.96 billion$
Ranked 4th. 1% more than Italy |
|
Research and development spending |
1%
Ranked 28th. |
1.8%
Ranked 15th. 80% more than Italy |
|
Aid > Untied given |
$864.79 million
Ranked 15th. |
$3,099.12 million
Ranked 5th. 4 times more than Italy |
|
Tax > Time to prepare and pay taxes > Hours |
314
Ranked 54th. 3 times more than United Kingdom |
110
Ranked 151st. |
|
Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo |
$572.33 billion
Ranked 9th. |
$862.44 billion
Ranked 5th. 51% more than Italy |
|
Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ |
$45.20 billion
Ranked 2nd. |
$-646,180,963.40
Ranked 101st. |
|
Intellectual property > Patent applications |
27,679
Ranked 11th. |
49,938
Ranked 7th. 80% more than Italy |
|
Trade > Imports of goods > Services and income > BoP > Current US$ per capita |
9,243.43 BoP $
Ranked 34th. |
15,853.99 BoP $
Ranked 16th. 72% more than Italy |
|
Foreign direct investment > Net > BoP > Current US$ > Per $ GDP |
-11.988 BoP $
per $1,000 of GDP
Ranked 115th. |
25.14 BoP $
per $1,000 of GDP
Ranked 57th. |
|
Royalty and license fees > Payments > BoP > Current US$ per capita |
33.14 BoP $
Ranked 33th. |
150.58 BoP $
Ranked 9th. 5 times more than Italy |
|
Net income > BoP > Current US$ per million |
-291,403,202.171 BoP $
Ranked 104th. |
910.16 million BoP $
Ranked 5th. |
|
Commercial service imports > Current US$ > Per capita |
1,516.69$
per capita
Ranked 34th. |
2,587.92$
per capita
Ranked 22nd. 71% more than Italy |
|
Commercial service imports > Current US$ |
88.89 billion$
Ranked 6th. |
155.86 billion$
Ranked 3rd. 75% more than Italy |
|
Natural gas > Proved reserves per capita |
1,046.88 cu m
Ranked 71st. |
4,079.52 cu m
Ranked 55th. 4 times more than Italy |
|
Natural gas > Consumption |
82.98 billion cu m
Ranked 9th. |
94.28 billion cu m
Ranked 7th. 14% more than Italy |
|
Natural gas > Proved reserves |
63.57 billion cu m
Ranked 57th. |
256 billion cu m
Ranked 39th. 4 times more than Italy |
|
External debt > Date of information | 30 June 2006 est. | 30 June 2006 | |
Micro > Small and medium enterprises > Per 1,000 people |
77.88 per 1,000 people
Ranked 1st. 6% more than United Kingdom |
73.79 per 1,000 people
Ranked 4th. |
|
Tourism > International tourism, receipts for travel items > Current US$ per capita |
$712.13
Ranked 48th. 27% more than United Kingdom |
$559.42
Ranked 56th. |
|
Tourism > International tourism, number of departures |
29.3 million
Ranked 8th. |
56.84 million
Ranked 5th. 94% more than Italy |
|
Tourism > International tourism, expenditures > Current US$ |
$35.72 billion
Ranked 10th. |
$64.63 billion
Ranked 5th. 81% more than Italy |
|
Companies > Ease of doing business index > 1=most business-friendly regulations per million |
1.1
Ranked 159th. 6 times more than United Kingdom |
0.174
Ranked 183th. |
|
Economic growth > Inflation > GDP deflator |
2.26%
Ranked 19th. |
2.88%
Ranked 14th. 27% more than Italy |
|
Gross Domestic Product > GDP > Size of GDP > Gross domestic product |
$1,802.18 Billion US dollars, curre
Ranked 6th. |
$2,168.06 Billion US dollars, curre
Ranked 4th. 20% more than Italy |
|
Public expenditure > Health expenditure > Total expenditure on health |
9%
Ranked 15th. 7% more than United Kingdom |
8.4%
Ranked 19th. |
|
International tourism > Receipts for travel items > Current US$ |
$46.23 billion
Ranked 5th. 27% more than United Kingdom |
$36.42 billion
Ranked 8th. |
|
Tourism receipts > International > Per $ GDP |
$21.71 per $1,000 of GDP
Ranked 99th. 21% more than United Kingdom |
$17.97 per $1,000 of GDP
Ranked 105th. |
|
Trade > Tariffs > Binding coverage > All products |
99.98%
Ranked 15th. The same as United Kingdom |
99.98%
Ranked 12th. |
|
GDP > PPP > Current international $ > Per capita |
28,529.09 PPP $
per capita
Ranked 22nd. |
33,238.21 PPP $
per capita
Ranked 12th. 17% more than Italy |
|
GDP > PPP > Constant 2000 international $ > Per capita |
25,381.09 PPP 2000 $
per capita
Ranked 22nd. |
29,570.6 PPP 2000 $
per capita
Ranked 12th. 17% more than Italy |
|
Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate |
4.88%
Ranked 97th. 79% more than United Kingdom |
2.73%
Ranked 127th. |
|
International tourism > Expenditures > Current US$ |
26.46 billion$
Ranked 5th. |
73.79 billion$
Ranked 3rd. 3 times more than Italy |
|
Tax > Tax payments > Number per million |
0.246
Ranked 167th. 95% more than United Kingdom |
0.127
Ranked 177th. |
|
Trade > Exports > Per $ GDP |
$0.23
per $1 of GDP
Ranked 104th. 18% more than United Kingdom |
$0.19
per $1 of GDP
Ranked 117th. |
|
Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ |
$0.86
Ranked 135th. 28% more than United Kingdom |
$0.67
Ranked 144th. |
|
Purchasing power parity > GDP > PPP > Constant 2005 international $ |
$1.60 trillion
Ranked 11th. |
$1.99 trillion
Ranked 7th. 24% more than Italy |
|
Trade > Exports > Export growth |
88.65
Ranked 117th. |
99.5
Ranked 107th. 12% more than Italy |
|
Tourism expenditures > International |
$24.06 billion
Ranked 5th. |
$68.78 billion
Ranked 3rd. 3 times more than Italy |
|
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