Learn More

Italy has a population of about 59 million that is declining — it has one of the lowest birth rates in Europe at about 1.2 children per woman, combined with significant emigration of young professionals.

GDP per capita is around $34,000-36,000. Italy has a marked economic divide between the wealthier, industrialized north and the less developed south (Mezzogiorno).

Italian households have relatively low debt levels compared to other developed nations but also lower incomes. Family networks play a crucial role in economic support, with young adults often living with parents longer than in other EU countries.