Italy's GDP in 2015 was approximately $2.152 trillion, with expected 1.5% GDP growth in 2016 and a decrease in unemployment to 11.8%. Imports in 2015 included vehicles, gas, medicine and oil, while exports included machinery, medicines, pasta and paper. Imports totaled $32062.06 million and exports totaled $36874.13 million, resulting in a positive balance of trade. The balance of payments records monetary transactions between a country and the rest of the world, and includes the balance of trade plus the balance of invisible exports and imports.

1. G.D.P (Gross Domestic Product)
Import & export
B.O.T (Balance Of Trade)
B.O.P (Balance Of Payments)
Realized by: Matteo Fabriani, Kristian Dobrecovic, Francesco Russo and Alex Stanimirescu

2. GROSS
DOMESTIC
PRODUCT
OF ITALY

3. In 2015 GDP was about 2.152 trillion US dollars while the GDP-PPP(Purchasing Power
Parity) was about 2.122 trillion of International dollars. For 2016 we expect a growth of
1.5% of the GDP and fortunately a decrease of unemployement(especially for young
people) of 0.4% but another increase of inflation of 0.8%.
ITALY 2014 2015 2016
GDP GROWTH(%) -0.4% 0.9% 1.5%
INFLATION(%) 0.2% 0.2% 1.0%
UNEMPLOYEMENT(%) 12.7% 12.2% 11.8%

4. Imports & exports (2015)

5. Imports & exports
With the term import we intend all goods (Visible imports) or services (Invisible imports) that a country buys from a
foreign country while with the term export we intend all goods (Visible exports) or services (Invisible exports) that a
country sells to a foreign country. Italy in 2015 imported vehicles, gas, medicine, oil, clothing and exported machinery,
medicines, pasta, paper and clothing. In the considered year the value of imports was 32062.06 (milion) of euros while
the value of exports was 36874.13 (milion) of euros so we can say that in 2015 the balance of trade was positive.

6. B.O.T (Balance Of Trade)

7. Italian Balance of trade
The Balance of Trade is the difference in value between a country’s visible exports and
visible imports over a year. If the visible exports value exceeds the visible imports value,
the Balance of Trade is said to be favourable or in surplus. If the visible imports value
exceeds the visible exports, then the Balance of Trade is said to be unfavourable or in
deficit.
°In 2014 Italian Balance of Trade was in deficit, visible
imports were 0,4% higher than visible exports.
°In 2015 Italian Balance of Trade improved,
visible exports were 0,8% higher than visible
imports

8. B.O.P (Balance Of Payments)

9. The Balance of Payments (BOP) records all monetary transactions between a country and the rest of the
world.
For a healthy economy,a country should aim at having a favourable Balance of
Payments.
A persistent deficit in the Balance of Payments may oblige a country to take
money from its official reserves of foreign currency, or to sell gold reserves, or
to borrow money from international organization.
Balance of Trade+
(invisible exports –
Invisible imports)
Balance of Payments
Balance of Payments