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Economy

Italian economy is a capitalist economy has been the Italian economic structure has changed since World War II, from agriculture to industrial economy and upscale that just almost total production rate for each of those Britain and France. The capitalist economy is divided into developed industry in the north controlled by private companies and less-sophisticated cultivation in the south, with a large public companies and more than 12.5% unemployment (April 2015) and imported more than 75% of the energy.

In 1995, Rome began its preparations to join the European Union to participate in the Union's financial and economic plan, the government has adopted a strict budget. It has also reduced the social programs.

In 1996, Italian lira joined the European Monetary Union (the single currency system).


Economic indicators:

  • GDP: 2.2 thousand billions euros, scored a relative increase (0.7%) for 2015.
  • GDP growth rate: 2% (June 2015).
  • Inflation rate : 19% (September 2015).
  • Strong unions: 25 million (2015 statistics).
  • Unemployment rate: 12.3% (September 2015).
  • Budget: The total value of the financial plan in which up to 26.6 billion euros for 2015 and up through the end of the year to 29.5 billion euros.
  • Major industries: Tourism, machinery, iron, steel, chemicals, food processing, motor fuels, textiles, clothes, shoes, ceramics.
  • The most important agricultural crops: fruits, vegetables, grapes, potatoes, beets, soybeans, olives, meat and dairy products, rags.
  • The volume of exports: 134.584 million euros.
  • Exports: engineering products, metals, textiles, garments, machinery, motor gasoline, operating equipment, and chemicals, power equipment, tobacco.
  • Most importers: the European Union, the United States of America, East Asia, Middle East and Africa.
  • The volume of imports: 123.078 million euros..
  • Imports: engineering products, chemicals, transport equipment, metals, foodstuffs, agricultural two products.
  • The most important suppliers: Europe, Asia, the United States of America, East Asia, Middle East, Africa.
  •  Trade:The total trade volume between the two countries during the last period (2014/2015) at a rate of 3.5 billion euros. Qatar where the rate of exports to Italy worth 2 billion countries the equivalent of 57% was imports from Italy Qatar rate of $ 1.5 billion by 43%, and so there is an annual surplus in favor of the State of Qatar by 14% the equivalent of half a billion dollars.

Investment

There are 58 joint-venture company which contributes to the head of the Italian capital and is working in the Qatari market with a total capital of 44.5 million riyals in addition to the 15 companies with a capital of Italian and full ownership of a total capital of 2.9 billion riyals.
The above companies operating in various fields including trade, contracting and technology, information technology and plastic products, services and construction.

Large Italian companies operating in the State of Qatar:

  • IMPREGILIO company operating in the north of Doha Metro line and drainage system facility.
  • AGUSTA company field of rotorcraft.
  • ANAS company under an agreement with the Public Works Authority to oversee the road system.
  • INSO company in the field of medical equipment for the hospital Sidra.
  • PERMASTEELISA a construction company in Hamad International Airport.
  • SPIG company in the field of cooling towers in industrial plants.