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National economy of Italy - industries, GDP and prosperity level

Nave di Cascella, Pescara Today, Italy is considered one of the most highly developed countries in the world. It occupies a leading position in terms of industrial production in the whole of Western Europe. One of the most important industries in Italy is the extraction of minerals. There are quite a lot of them on the territory of the kingdom, with mercury currently taking the lead position. Also on the territory of the country, you will find that uranium ore, silver, iron ore, lead-zinc and copper ores, as well as potassium salts are being mined. The next important sector in Italy is engineering. It is focused mainly on the construction of ships, due to the territorial location of the country.
Italy can be an ideal place for lovers of outdoor activities. In this country there are all possibilities for water extreme entertainment, mountain …
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According to data for 2016, the olive production in Italy reached record levels, which allowed it to take a leading position in the corresponding rating. Thanks to its favorable location, since ancient times Italy has been actively using all the gifts of the Mediterranean. The Republic is among the top ten countries in the world for catching fish and other seafood, as well as for processing and exporting them, both in the form of fresh carcasses and in the canned form. The state pays special attention to the development of the tourism sector. Italy for several years in a row, occupies a leading position in the ranking of the most visited countries in the world. Last year, more than 60 million people came to the country for vacation. However, according to statistics, a serious economic crisis contributed to the reduction of the tourist inflow and to date only 12% of the Gross National Product comes from the tourism industry. Earlier these indicators reached up to 19%.
The electrical industry has been very developed since the year 1996. A large number of factories are operational within the territory of the country. They are engaged in the development and creation of profile equipment for various manufacturing activities, including chemical, food, and light industries. The state is also trying to maintain agriculture at the same proper level. Emphasis is currently on plant growing. Wheat, rice, corn, barley, potatoes, legumes, tomatoes, onions, olives, and other vegetables are some of the crops grow in the country. Quite a large part of exports are occupied by citrus and tobacco. In the southern part of the country, all agriculture is concentrated on growing almonds, which are actively sold not only throughout the European Union (EU), but throughout the entire world. The light industry is represented by textile and leather goods. This sector gives about 4% of the world’s shoe exports. Copyright
1. Italy - a country with huge tourist resources. When you visit it, do not try to catch everything. It is worth choosing one goal for the trip - …
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Italy’s main problem is fuel and energy dependence. The speed of development of the country is one of the largest in the whole European Union, yet Italy cannot provide itself with a source of energy. Last year, more than 80% of all consumed energy was imported. 99% of all used natural gas and 85% of oil are imported. It is worth noting that earlier the sources of nuclear energy has been developing in the country, but after joining the euro zone all stations of this type were closed. This state of affairs gave the government a powerful push to finance and support developments devoted to alternative energy sources. To date, active development in this field of activity is being carried out; wind and solar power storage stations are being constructed, likewise water energy is being used. The main exported goods are vehicles, various products of the chemical industry, ships and boats, food products, electronic devices, medicines, and other consumer goods. The main export partners are France, Portugal, Italy and England.
Varese Ligure Main imports of Italy are food products, various consumer goods, precise measuring instruments, and specialized equipment. The main trading partners are Germany, France, Italy, and China. According to data for the past year, unemployment in the country is more than 15% and this figure is constantly increasing. The average salary is 16,895 euros per month. More than 70% of GDP is income from the service sector, about 14% comes from the industry sector, and about 10% from construction. Italy’s GDP per capita according to the International Monetary Fund for 2016 was $20,217. This allowed the republic to rank the 28th place in the world. Inflation in Italy is less than 1.4%. During the crisis, GDP fell by 9%. However, according to the projections of international economic companies, the situation of the country is stabilizing. The external debt is 43 million dollars.
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Fantastic City Tours and Excursions in Italy

Uniques sights in Italy

Uffizi Gallery

From the series “Famous Buildings of Renaissance Architecture”
Uffizi Gallery is one of the oldest museums of Europe. It is known not only thanks to its rich collections, the building itself is a masterpiece of Renaissance architecture. The building has begun in 1560 on a direction of the Tuscany Duke Cosimo I de' Medici. Originally in this marvellous building was planned to place several administrative and court institutes. Now, this historical building is a famous gallery with the best Renaissance artists’ works.

Visitors can adore the masterpieces of Leonardo DaVinci, Michelangelo, Rafael and Giotto. Some of the works belong to the 12th century. The whole area of the museum halls is 13 000 square meters. The museum was opened at the end of the 16th century. The building was made especially for the gallery. In 1580 the building works were … Read all
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Preferred to Open 9 New Hotels in 2022

In September 2022, the Sommerro hotel in Oslo will start operating in a carefully restored 1930s Art Deco building. This building is a true landmark of Frogner, a historic neighborhood of the Norwegian capital. A multi-million-dollar renovation carefully turned the largest preservation project in Norway into a modern hotel with 231 rooms, including 56 residences. Preferred will open five more hotels in 2022, namely, The Wall Street Hotel in New York, Amrit Ocean Resort & Residences on Singer Island (Florida, the US), TOA Hotel & Spa in Zanzibar, Pendry hotel in Washington, and Pendry Park City hotel in Utah. Read this


Italy by photo artists

Microeconomics of Italy cities - shopping

The ever popular Coin shopping complex is also open in the center of the city. Visitors will find a wide range of items for sale there. Male and female apparel shops, perfume salons, and stores with household items – you will find all these and more. At Coin, it is possible to find many stylish and creative accessories, and buy clothes for children. Affordable prices are one of the main advantages of this shopping center. Without a doubt, there are several awesome outlets in Rome, where … Read more
If you prefer more affordable memorable gifts, take a look at local ceramics and items made from clay. Alghero potters make and paint their works by hand, so each item looks unique and unusual. Practical souvenirs are also available for purchase. Here we need to mention regional textiles that often come with hand embroidery or lace. Souvenir shops often have a stock of original items in Catalan style. The majority of interesting shops in Alghero are situated close to the waterfront. To … Read more
Tourists rarely include a visit to a drugstore in their shopping program, but in Florence an exception is to be made. Here, is the world-famous old Santa Maria Novella pharmacy, which will be interesting to everyone. By its design, this pharmacy is more like a museum. It contains an interesting collection of old accessories, and the atmosphere remains unchanged for hundreds of years. Nowadays, in this historic pharmacy you can buy wonderful cosmetics. They sell natural soap and shower gels, … Read more
Continue your shopping route and go to Brera Street, one of the most unusual trading streets in Milan. For decades, many creative and artistic people lived and worked on this street, so today one can find many interesting art galleries, designer shops, souvenir and antiquity boutiques, as well as other interesting trading pavilions on that street. If you want to bring unique artworks or other items from your Milan vacation, Brera is a must-visit destination. The prices vary a lot in different … Read more
In Venice, you will find many unusual specialty shops. For example, designer boutique Hibiscus is always popular with travelers. This shop offers beautiful clothes in oriental style, such as gorgeous kimono or silk pants. Hibiscus also offers beautiful designer slippers, but many come to the shop to purchase magnificent bamboo dishware with gilding. Without a doubt, Banco Lotto 10 is one of the most unusual shops in the city. It’s a beautiful boutique that offers stylish female clothes, … Read more
There are many interesting shops close to the Valle dei Templi archaeological site. There are shops that sell clothes, pavilions with souvenirs, and several excellent jewelry shops here. Olive oil, cheese, wine, and spices are the most popular gastronomic souvenirs that tourists bring from Agrigento. Most shops also sell almonds in different forms, from packs with roasted nuts to almond flour. Tourists will find several popular shopping malls in the city. They are very interesting to visit … Read more
A food market opens in the center of Alberobello each Thursday. This is the best place to buy organic food from nearby farms. Homemade wine and cheese deserve the attention of tourists, as well as high-quality honey and homemade canned food. If you prefer to cook yourself, this market is a must-visit place. Among multiple souvenirs available in Alberobello, pay your attention to textiles and wooden or stone artworks. Some souvenir shops sell small copies of trulli. Some tourists purchase … Read more
In the immediate vicinity of Assisi, you'll find Collestrada Shopping Center, which can be quickly reached by bus. It is big and beautiful, with dozens of shops of the most popular European brands within the walls. You can buy literally everything here, ranging from new clothes and shoes to luxurious jewelry and designer accessories. The shopping complex is perfect for visiting with kids, as it offers many attractions for young visitors. One of the best places in town to buy souvenirs is … Read more

Italy: map of shopping spots

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