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Italy
Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 07.02.2017

Indicateurs clés

Région
301,340 km2
Population
62,007,540 (July 2016 est.)
Type de gouvernement
republic
Langues
Italian (official), German (parts of Trentino-Alto Adige region are predominantly German speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area)
PIB
$2.171 trillion (2015 est.)
Taux de croissance
0.8% (2015 est.)
IHD
27
Capitale
Rome

 

Introduction

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 was a charter member of NATO and the European Economic Community (EEC). It has been at the forefront of European economic and political unification, joining 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.

Source: The CIA World Factbook - Italy

 

Indicateurs macroéconomiques

GDP growth is expected to reach 1% in 2016 and 1.4% in 2017. Private consumption continues to be the main driver of the recovery. Employment growth has temporarily slowed but real income gains and pent-up demand are supporting household spending. Investment is turning around, providing some support to domestic demand, but constraints on the availability of bank credit still impede a faster investment recovery.

The government has reiterated its commitment to fiscal consolidation, but at a gradual pace, and to the structural reform programme. To generate the fiscal space for a much needed increase in public investment and avert the hike in indirect taxes programmed for 2017, it plans to use EU budget flexibility rules and to contain public spending. ECB monetary policy support and gradual fiscal consolidation have stabilised the debt-to-GDP ratio, which should start decreasing in 2017.

The collapse of investment in the wake of the crisis has exacerbated a long-standing labour productivity slowdown. Policy priorities to raise productivity involve speeding up the resolution of banks' non-performing loans, improving the selection process and execution of public infrastructure projects, raising public administration efficiency, and enhancing business dynamism and innovation.

Source: OECD - Economic Forecast

IMF Statistics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
-0.3430.7600.7570.9411.149
Gross domestic product, current prices
U.S. dollars (Billions)
2,141.9371,815.7591,852.4991,895.3181,941.899
Gross domestic product per capita, current prices
U.S. dollars (Units)
35,239.27729,866.61730,294.08230,891.88531,547.334
Inflation, average consumer prices
Percent change
0.2340.108-0.0500.4580.800
Volume of imports of goods and services
Percent change
3.1525.9622.9253.8814.600
Volume of exports of goods and services
Percent change
3.1474.2932.1063.5204.300
Unemployment rate
Percent of total labor force
12.63311.90811.45811.15810.758
Current account balance
U.S. dollars (Billions)
41.05239.90740.22535.53329.235
Current account balance
Percent of GDP
1.9172.1982.1711.8751.505
Colored cells are estimates

Source: IMF Statistics - Italy

 

 

 

Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 06.03.1981 (Memorial 1982, A, p. 2092)
  • Effective as of 02.04.1983 (Memorial 1983, A, p. 85)

Air Services agreement

  • Agreemen from 24.1.1980 t (Memorial 1981, A, p. 843)
  • Effective as of 03.15.1983 (Memorial 1983, A, p. 692)

Source: Administration des contributions directes

 

Plus d'informations

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Italy

Embassy of the Grand Duchy of Luxembourg in Italy

Ambassador:

Mrs. Janine FINCK

Secretary of Legation:

André Flammang

90, Via di Sante Croce in Gerusalemme
I-00185 ROME

Tel: +39 06 77 20 11 77/78
Fax: +39 06 77 20 10 55
Email: rome.amb(at)mae.etat.lu 
Internet: http://rome.mae.lu/

Economic and Commercial Attachés (AWEX)

Economic and Commercial Attaché with jurisdiction in Liguria, Lombardy, Piedmont, Valle d'Aosta: 

Cecile FLAGOTHIER 

REGIONE VALLONE
AMBASCIATA LED BELGIO Viale Vittorio Veneto, 28
20121 Milano

Tel: +39 0 2 29 00 40 61
Fax: +39 0 2 29 00 70 23
E-mail: milan(at)awex-wallonia.com 

Economic and Commercial Attaché with jurisdiction in Emilia-Romagna, Friuli-Venezia Giulia, Tuscany, Trentino Alto Adige, Veneto:

Cecile FLAGOTHIER 

Regione del Vallone Belgio
Via Orefici, 2
40124 Bologna

Tel: +39 051 233 209
Fax: +39 051 279 866
E-mail: bologne(at)awex-wallonia.com 

Commercial Secretary:

Marian HRYNCHUK 

Academia Belgica
Via Omero, 8
00197 Roma

Tel: +39 06 36 00 06 99
Fax: +39 06 36 00 29 22
E-mail: rome(at)fitagency.com

Honorary Consuls

Honorary Consul with jurisdiction in Tuscany, the provinces of Bologna, Ferrara, Modena, Parma, Piacenza and Reggio Emilia: 

Mr. Francesco OLIVIERI

Via Palestro 4 
I-50123 Firenze

Tel: +39 055 21 73 30
Fax: +39 055 01 98 798
E-Mail: olivieri(at)conslux.lu

Honorary Consul with jurisdiction in the Lombardy (Province of Bergamo, Brescia, Como, Cremona, Lecco, Lodi, Mantova, Milan, Pavia, Sondrio, Varese): 

Mr. Carlo GARAVAGLIA

Corso Europa 2
I-20122 Milano
Tel: +39 02 7636 931
Fax: +39 02 7636 9345
E-mail: consolato.lussemburgo(at)slta.it

Honorary Consul with jurisdiction in areas the Company, Abruzzo, Molise, Basilicata, Apulia and Calabria: 

Giancarlo IACCARINO

Via Santa Brigida, 51
I-80133 Napoli
Tel: +39 0 81 551 0060
Fax: +39 0 81 551 31 38
E-mail: consolatolux(at)gmail.com 

Honorary Consul with jurisdiction in the provinces of Belluno, Bolzano, Padova, Rovigo, Trento, Treviso, Udine, Venezia, Verona, Vicenza: 

Mr.Gian Angelo BELLATI

Castello 5312 I-30122 Venice
Tel: +39 041 52 22 047 / +39 041 99 01 13
Fax: +39 041 52 22 047
E-mail: conslux.ve(at)gmail.com

Honorary Consul with jurisdiction over the Liguria (Genoa, Imperia, La Spezia and Savona): 

Mr. di Cesare CASTELBARCO ALBANI

Via Gabriele D'annuzio, 2
I-16121 Genova
Tel: +39 010 553 90 78
Fax: +39 010 596 04 58
E-mail: cesare.castelbarco(at)prosper.it

Honorary Consul with jurisdiction in Sicily: 

Mr. Antonio COSENZ

34, via Siracusa
I-90141 Palermo
Tel: +39 091 62 56 218
Fax: +39 091 62 56 234
E-mail: bcc(at)studiobcc.it 

Honorary Consul with jurisdiction in the Umbrian: 

Mr. di Vincenzo ANSIDEI CATRANO

Via Alessi 27
I-06122 Perugia
Tel: +39 075 57 22 322
Fax: +39 075 5722322 / +39 075 5728599
E-mail: vincenzoansidei(at)libero.it 

Honorary Consul with jurisdiction in the provinces of Forli, Ravenna, Ancona, Ascoli Piceno, Macerata and Pesaro-Urbino: 

Mr. Abner FASCIOLI

Abner Hotel Via Milano 78 / C
I-47838 Riccione
Tel: +39 0541 60 17 00
Fax: + 39 0541 60 17 62
E-mail: info(at)hotelviennatouring.it 

Honorary Consul with jurisdiction in the provinces of Alessandria,
Asti Cuneo, Novara, Turin, Vercelli and the Autonomous Region of Valle d'Aosta: 

Mr. Ettore MORONE
 
5, Via Mercantini
I-10121 Torino
Tel: +39 011 56 22 522
Fax: +39 011 51 75 377
E-mail: amministrazione(at)studiomorone.it 

Source: Ministry of Foreign Affairs Luxembourg

Country risk as defined by Office du Ducroire for Italy

A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Office du Ducroire - Country Risk Italy

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