IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL ITALY

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Rome

2017 2018 2019 2020 2021

302 2020

41

0.876 2020 60.25 2020 1,886.4 2020 40,861 2020 -8.9 2020 -0.15 2020 9.12 2020 25.21 2020 3.62 2020 445.7 2019 1.56 2019

42

Exchange Rate (per $)

44

44

44

15

Population - market size (millions)

CHALLENGES IN 2021 Boost job creation and enhance youth employment opportunities. Stimulate the transition to a greener economy and achieve • Boost job creation and enhance youth employment opportunities. • Stimulate the transition to a greener economy and achieve broader digitalization all over the country. • Optimize the funds allocation of the PNRR - Piano Nazionale di Ripresa e Resilienza (Recovery Plan). • Promote national and international investments in innovative sectors and hard infrastructures. • Achieve the crucial reform of the public administration and a wider simplification of the legal and fiscal frameworks.

8

Gross Domestic Product (GDP) (US$ billions)

27

GDP (PPP) per capita (US$)

57

Real GDP growth (%)

14

Consumer price inflation (%)

50

Unemployment rate (%)

16

Labor force (millions)

19

Current account balance (% of GDP)

18

Direct investment stocks inward ($bn)

Promos Italia – Internationalization Agency of the Italian Chambers of Commerce vided by: Promos Italia – Internationalization Agency of the Italian Chambers of Commerce

43

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

15

21

22

22

24

33

34 37 36

35

38

39

41

41

49

50

52

53

62 62

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS > 20 MILLION (29 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

28

16

16

29

29

29

29

18

18

18

79

IMD WORLD COMPETITIVENESS BOOKLET 2021