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Italy — Market Overview

Europe>Italy

🇮🇹 Italy

Italy's market is usually shaped by a mix of bank sensitivity, domestic rates, sovereign-spread psychology, and the resilience of export-oriented industrial and luxury franchises. The key read is whether domestic funding conditions stay stable enough for banks and consumers while externally exposed champions keep delivering cash flow despite a slower European cycle.

Carte régionale

Faits clés

Italy en un coup d'œil

Capital

Rome

Currency

Euro (€)

Primary exchange

Euronext Milan

Central bank

European Central Bank

Region

Europe

Time zone

Europe/Rome

Source : ISTAT,

Country dashboard

Pourquoi ce marché compte

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Explorateur macro

Changez de variable, gardez le contexte du pays

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

GDP

Nominal GDP shown as bars.

EUR 1,6 BnEUR 1,8 BnEUR 2 BnEUR 2,2 BnEUR 2,4 Bn2010201120122013201420152016201720182019202020212022202320242025
Cliquez sur une année pour zoomer à partir de ce point.

Variables disponibles

GDP

EUR 2,3 Bn
Tendance 1 an+2.5%
Croissance moy.+2.3%

Ce que cela signale

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Commerce et position extérieure

Exportations, services et balance extérieure

Plutôt qu'un mur générique de cartes macro, cette section se concentre sur la manière dont le pays attire la demande étrangère, où se situe son avantage commercial et comment évolue sa balance extérieure.

Échanges totaux Italy€1,6 Bn
Biens
Services
Biens
Services
Exportation€828,7 Md
€784,2 MdImportation
Balance extérieure2024
Exportations +€828,7 Md
Importations -€784,2 Md
Solde+€44,5 Md
€828,7 Md
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Italy is capturing across both physical products and higher-value intangible flows.

€673,5 Md
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

€155,2 Md
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Italy is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composition des échanges

Ce que le pays exporte

Partenaires commerciaux

Où le pays commerce

Prisme des matières premières

Exposition aux matières premières

Goods share of exports81.3%

Goods made up 81.3% of total exports in 2024, leaving services at 18.7%.

Goods share of imports79.2%

Goods made up 79.2% of total imports in 2024, leaving services at 20.8%.

Largest export goods bucketManufactures 80.2%

This was the biggest WTO merchandise export group for Italy in 2024.

Largest import goods bucketManufactures 67.0%

This was the biggest WTO merchandise import group for Italy in 2024.

Merchandise balance$52.1B

Goods exports minus goods imports in 2024. A surplus here shows whether merchandise trade supports or drags on the overall external balance.

Ce qu'il faut surveiller

Grille de lecture

01

bank earnings sensitivity

Italy should first be read through bank earnings sensitivity. When this regime shifts, local multiples and sector leadership usually shift with it.

02

sovereign-spread discipline

The key read is whether domestic funding conditions stay stable enough for banks and consumers while externally exposed champions keep delivering cash flow despite a slower European cycle. That makes sovereign-spread discipline one of the most important signals for revising the country narrative.

03

export franchise resilience

The final layer is export franchise resilience, because it determines whether the macro backdrop turns into sustainable earnings support for the FTSE MIB.

Autres pays

Poursuivez à travers Europe

Chaque carte ouvre le même modèle de pays avec sa propre carte, des variables macro permutables et une vue de référence. C'est le premier réseau lié de pages pays de la région.