G.D.P. OF ITALY

Created by : Evangelista Valeria , Ilie Diana , Patti Pamela and Tedeschi Simone

ITALY'S REAL GROSS DOMESTIC PRODUCT (GDP) IS EXPECTED TO RISE 0.7% IN 2015.The moderately positive evolution of the Italian economy is characterized by different performances across the economic sectors.

Manufacturing has registered positive signals while construction has maintained a negative trend.

A recent release of the leading indicator suggests a positive evolution of the economy in the following months.

BALANCE OF TRADE In the period January-November 2015 exports to non-EU countries increased by 3.6% and imports decreased by 0.1% compared with the same period of 2014.

Graphical rapresentation of commercial interchange Italian (in millions of euro)

Italy Exports Italy Imports

IN THE 2015 THE BALANCE OF TRADE IS POSITIVE BECAUSE THE EXPORTS (€307.278 MILION) ARE MORE THAN IMPORTS ( € 277.355 MILION).THE DIFFERENCE BETWEEN EXPORTS AND IMPORTS IS 29.943 MILION.

PRODUCTS EXPORTED: MACHINERY, PAPER, VEHICLES, MEDICINES, PASTAAND CLOTHING.PRODUCTS IMPORTED: VEHICLES, OIL,GAS, MEDICINE, CLOTHING, MEAT.

BALANCE OF PAYMENTSIn the twelve months to September 2015 the current account balance recorded a surplus of 33 billion (it was 25.9 billion in the same period of 2014).

The positive tendency, started in mid-2011,has slowed down in the current year because imports have grown up with respect to the previsions.

The merchandise trade surplus, cumulated over the last twelve months, was 50.3 billion (3.1 per cent of GDP).