The COVID-19 pandemic has severely impacted Italy's economy. Italy's GDP fell from 2.45 trillion in 2019 to an estimated 1.8 trillion in 2020, a decline of over 10%. Key industries such as manufacturing, tourism, agriculture, small and medium enterprises, and automobiles have all suffered significant decreases in production and revenue. Manufacturing output fell 44.3% and the tourism sector faces a loss of 2.8 million jobs and reduced revenue. The agricultural and automobile sectors also saw sales decrease by over 50% and 28.7% respectively in 2020. Small businesses that contribute substantially to employment have struggled without production during lockdowns.

1. Impact of
COVID-19
Pandemic
on Italy

2. Impact of COVID-19
Pandemic on Italy
GDP of Italy was 2.45
trillion in 2019
Goes Down on 1.8
trillion (e) in 2020
GDP Growth was +3%
And Now , -10.6%

3. Impact on Manufacturing
Industry
75% or more of industrial
products are produced by six
EU member countries
I6% of industrial
products
Belonged to Italy
But right now the country is
facing a subsequent
decrease, Around 44.3% in
the production of industrial
products.

4. Impact on Tourism
Industry
Italy is facing a
shortfall of
revenue and 2.8
million jobs could
be lost in tourism
sector

5. Impact on Agriculture
Industry
1st Position
among EU 28
member countries,
during 2019 in
Agriculture Sector.
57% of Italian companies
in the agricultural sector had
face a vicious amount of
sales decrease in 2020

6. Impact on SME
Industry
Italy’s small and medium enterprise (SMEs) has contributed one-
third of the economy and half of the country’s employment. As the
government regulation and the lockdown is going on for a long time
SMEs could not produce the value to the economy and employment
to the people

7. Impact on Automobile
Industry
Ferrari production was
suspended for two weeks
In November 2020,
Sales decrease by 7.5% due
to the implementation of a
new restriction in
In entire 2020, sales
decrease by 28.7% in the
automobile sector