italy statistical profile no.8 italy statistical profile no.8 july 2009 july 2009 italy Statistical Profile Compiled by Isabella Blengini Austria Switzerland Slovenia Hungary France Bosnia & Herzegovina Italy Algeria introduction to italy Croatia Tunisia About this Statistical Profile Organizations striving to be employers-of-choice in different countries around the world need access to current information about the economic, social, political, and demographic characteristics of the countries where their employees live and work. The Country Profile Series focuses on statistics that can guide decisionmaking at the workplace: workforce highlights, economic highlights, and population highlights. This Country Profile is part of a set of resources about Italy available on the website of the Global Perspectives Institute: www.bc.edu/agingandwork. King Victor Emmanuel II founded Italy as a nation state in 1861 when he united Sicily, Sardinia, and the regional states around the Italian peninsula.1 From 1870 to 1922, Italy’s political system was that of a constitutional monarchy with a parliamentary government, until 1922 when Benito Mussolini came to power and established Fascist rule, while retaining the king as the titular head of state.2 Mussolini’s alliance with Germany and the Axis powers during World War II came to an end in 1943, when he was ousted from political rule following the Allied invasion of Sicily in 1943, and the newly appointed Premier Pietro Badoglio declared war on Germany. A popular anti-fascist movement took place during 1943 until the end of the war, and a democratic republic was established post-war in 1946.2 The Italian Parliament is comprised of two houses; the Senate (also known as the upper house) and the Chamber of Deputies.3 Executive power is held in the hands of the Council of Ministers, which is headed by a President. The President nominates the Prime Minister, and together, they nominate members of the Council of Ministers. Italy is a member of the European Union (EU), G-8, and the OECD, with their capital in Rome. Within peninsular Italy, two independent states exist: the Vatican State and the Republic of San Marino.3 Italy’s industrialized economy is highly divisive; it is comprised of a developed industrial sector in the north, which is headed by private firms, and a less developed agricultural sector in the south, which is marked by high rates of unemployment and dependent on welfare.1 With a lack of raw materials, most of their resources are imported. The Italian economy is primarily supported by the production of goods by small and medium sized firms.2 Since joining the EU, as part of the EU membership conditions Italy has had to cap its yearly budget deficit to under 3%. However, given the current economic situation, the Italian government has had difficulty meeting this cap, and it is projected that the budget deficit will increase beyond 3% in 2010. Sponsored by: agework@bc.edu 1 labor force highlights àà 48.9% of the total Italian population is in labor force (economically active population).4 àà The economically active population is projected to increase from 50 million in 2008 to 51 million in 2020. The “economically active population” comprises all persons of either sex who furnish the supply of labor for the production of goods and services during a specified time reference period.4 àà The unemployment rate went from 6.6% in the fourth quarter of 2007 to 7.1% in the fourth quarter of 2008.6 àà In 2008, 71.2% of Italian employees reported to have worked 31 hours or more in a given week.5 àà In 2008, 14.6% of the labor force was part-time.5 àà 25% of the total civilian employed labor force reported being self-employed in 2008.5 Figure 1a. Economically Active Population as Percent of Total Population - Selected Regional Countries, 2007 56.3 France Germany 53.4 Greece 63.7 Ireland 48.9 Italy 0% 48.9% of the Italian population is in the labor force, compared to 58.7% in Germany and 53.4% in Greece. (See Figure 1a) 58.7 10% 20% 30% 40% 50% 60% 70% Source: ILO Bureau of Statistics4 Figure 1b. Economically Active Population as Percent of Total Population(+15) - Selected GNI Countries, 2007 67.6 Canada 56.3 France 58.7 Germany 48.9 Italy 60.4 Japan 62.6 Russia 51.1 United Kingdom 65.3 United States 0% 10% Source: ILO Bureau of Statistics 2 20% 30% 40% 50% 60% 70% 4 http://www.bc.edu/agingandwork The economically active population in Italy is around 48%, while it is 58% in Germany and 56% in France. italy statistical profile no.8 Figure 2. Employment Rate, Ages 15-64, by Gender, Italy and Comparable Nations, 2007 Canada july 2009 France Female Male Germany In 2007 Italy had a male employment rate equal to 70%, slightly higher than the one observed in France and smaller than the one registered in Germany. The female employment rate was instead only 46%, the lowest rate among the countries considered. Italy Japan United Kingdom United States European Union 19 European Union 15 Europe G7 countries North America OECD countries 0% 20% 40% 60% 80% 100% Source: OECD Factbook 2009: Economic, Environmental and Social Statistics6 figure 3. Employment Rates in Italy, within age group, 2007 80% In 2007 the employment rate in Italy reached its peak (76%) among individuals aged 35-44, even though it was not much larger than the employment rate observed in the age group 25-34 and 45-54. 70.1 76.8 72.9 70% 60% 50% 33.8 40% 30% 24.7 20% 10% 0% 15-24 25-34 35-44 45-54 55-64 Source: OECD Factbook 2009: Economic, Environmental and Social Statistics6 agework@bc.edu 3 Figure 4. Employment Rates in Italy Compared to Selected Regional Countries, within age group, 2007 100% France Germany 80% Italy The distribution of the employment rate within age groups follow similar patterns in all the countries considered. Germany is the nation characterized by higher employment rates while Italy’s employment rates are the lowest. Spain 60% 40% 20% 0% 15-24 25-54 55-64 Source: OECD Factbook 2009: Economic, Environmental and Social Statistics6 Figure 5a. Current & Projected Economically Active Population Estimates and Projections in Italy, within age group, 2007-2020 100% 2007 2020 80% 60% The economically active population is expected to increase in correspondence of all the age groups considered, the only exception being represented by individuals younger than 25. 40% 20% 0% 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Source: ILO Bureau of Statistics4 Figure 5b. Current & projected % of Total Population Economically Active in Italy, 2007-2020 2020 Female 2020 Male 2.7 2.8 2007 Female 0.5 2007 Male 0.8 0% 16.0 under 20 20-44 45 and up 33.1 29.0 16.5 26.3 13.5 36.6 10% 20% 22.3 30% 40% 50% 60% Source: ILO Bureau of Statistics4 4 http://www.bc.edu/agingandwork Both male and female economically active population is expected to increase within the age group of individuals older than 45, and decrease in the age group of individuals aged 20-44. italy statistical profile no.8 july 2009 economic highlights àà Overall GNI per capita: Gross National Income (GNI) per capita in Italy was $ 30,220 in 2007. This compares to $32,857 in France, $34,977 in Germany, $30,819 in Spain and $46,090 in the United States in the same year.6 àà GDP growth: Real GDP growth in Italy increased to 3.6% in 2000. It then dramatically fell to 0.1% in 2003 and 2005, and it increased to 1.9% in 2006.6 àà Government Debt as a % of GDP: Public debt as percentage of GDP in Italy touched its peak of 132.6% in 1998. After 1998 Italy experienced a constant reduction of public debt in percentage terms. Government debt was 113.2% of GDP in 2007.6 Figure 6. GDP Growth, Regional Comparisions, 1995-2006 GDP growth in Italy has been the lowest among the countries considered from 2004 to 2006. 5% France Germany 4% Italy Spain 3% 2% 1% 0% 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 -1% Source: OECD Factbook 2009: Economic, Environmental and Social Statistics6 Figure 7.Total National Debt as Percentage of GDP, selectedRegional Countries, 1995-2007 Italy’s national debt has been constantly and by far the highest among the countries considered. 150% France Germany Italy 120% Spain 90% 60% 30% 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Source: OECD Factbook 2009: Economic, Environmental and Social Statistics6 agework@bc.edu 5 demographic highlights àà Population size: In 2008, the Italian population was 58,851,000, compared to 61,840,000 for France, 82,772,000 for Germany and 44,311,000 for Spain. The total population in the 27 EU countries is 497,482, 000 while total population in OECD countries amounts to 1,186,728, 000 in the same year.5 àà Ethnic composition: The Italian net immigration rate per 1,000 inhabitants reached its peak in 2003 when it was equal to 10.6. In 2006 it was 6.4. In comparison in Spain it was 14.2, 1.5 in France and 0.3 in Germany in the same year.6 àà Fertility rate: Total Fertility rate, indicates the number of children to be born to a woman during her reproductive span of her life. Total fertility rate for Italian women is 1.35 children per woman. The French fertility rate is 1.98, while the Spanish and German ones are respectively 1.38 and 1.33.6 àà % 65+: In Italy the ratio of population aged 65 and over to the total population is 20.3 in 2008. This ratio is 16.5 in France and 20.1 and 17 in Germany and Spain respectively, in the same year.1 Figure 8. Median Age, by Gender, 2008 France 40.9 45.2 44.8 42.5 Female Germany Italy 38.0 Spain 42.6 41.8 39.7 Male 39.4 43.8 43.3 Total 41.1 0 10 20 30 40 50 Source: The World Factbook, 20091 Figure 9. Life Expectancy at Birth, 2008 Female Germany Italy 77.8 76.3 77.3 76.7 Male Spain 81.0 79.3 80.2 80.1 Total 50 France 84.3 82.4 83.3 83.6 60 70 80 90 Source: The World Factbook, 20091 6 http://www.bc.edu/agingandwork italy statistical profile no.8 àà Population distribution of Italy • The distribution of the Italian population in 2008 is characterized by a high concentration of the population in the age group 30-54, for both males and females. The female population is also highly concentrated in the wage group of individuals older than 80. Similar population distributions are observed for France and Germany in the same year (see Fig. 10a-10b-10c).7 july 2009 • Over time it is expected a constant increase in the population density in the age group of individual older than 75. We expect a dramatic increase in the average age of the population (including males and females), that should become evident by 2050 (see Fig. 10d-10e).7 Figure 10a. Population Distribution of Italy, 2008. Male Female 80+ 74-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 5-9 0-4 10 8 4 6 2 0 0 2 4 6 8 10 8 10 % of Population Source: U.S. Census Bureau, International Database7 Figure 10b. Population Distribution of France, 2008. Male Female 80+ 74-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 5-9 0-4 10 8 6 4 2 0 0 2 4 6 % of Population Source: U.S. Census Bureau, International Database7 agework@bc.edu 7 Figure 10c. Population Distribution of Germany, 2008. Male Female 80+ 75-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 0-9 10 8 6 4 0 2 0 2 4 6 8 10 8 10 % of Population Source: U.S. Census Bureau, International Database7 Figure 10d. Population Projections, Italy 2020 Male Female 80+ 74-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 5-9 0-4 10 8 6 4 0 2 0 2 4 6 % of Population Source: U.S. Census Bureau, International Database7 8 http://www.bc.edu/agingandwork italy statistical profile no.8 Figure 10e. Population Projections, Italy 2050 Male Female 80+ july 2009 75-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 0-9 20 15 10 5 0 0 5 10 15 20 % of Population Source: U.S. Census Bureau, International Database7 agework@bc.edu 9 references 1. Central Intelligence Agency. (2009). The World Factbook 2009. Retrieved April 7, 2009, from https://www.cia. gov/library/publications/the-world-factbook/ 2. U.S Department of State. (2009). Background Note: Italy. Retrieved April 7, 2009, from http://www.state. gov/r/pa/ei/bgn/4033.htm 3. EUROPA . (2009). Member states of the EU – Italy. Retrieved April 8, 2009, The http://europa.eu/abc/european_countries/eu_members/italy/index_en.htm 4. International Labor Organisation. (2009). LABORSTA Internet. Retrieved May 6, 2009 from http://laborsta.ilo.org/ 5. Istituto Nazionale di Statistica (I.S.T.A.T.). (2009). Testo Integrale 2009. Retrieved May 6, 2009 from http://www.istat.it/ 6. Organization for Economic Co-Operation and Development. (2009). OECD: Factbook 2009: Economic, Environmental and Social Statistics. Retrieved May 6, 2009 from http://www.oecd.org/document/62/0,3343,en_ 21571361_34374092_34420734_1_1_1_1,00.html 7. U. S. Census Bureau. (2008). International Database. Retrieved May 6, 2009 from http://www.census.gov/ ipc/www/idb/ 10 http://www.bc.edu/agingandwork italy statistical profile no.8 july 2009 Country Context Team Leaders Marcie Pitt-Catsouphes, Director, Sloan Center on Aging and Work Tay K. McNamara, Director of Research, Sloan Center on Aging and Work Jungui Lee, Postdoctoral researcher, Sloan Center on Aging and Work about the institute Established in 2007 by the Center on Aging & Work, the Global Perspectives Institute is an international collaboration of scholars and employers committed to the expansion of the quality of employment available to the 21st century multi-generational workforce in countries around the world. The Global Perspectives Institute focuses on innovative and promising practices that might be adopted by employers and policy-makers. The Institute’s research, publications, and international forums contribute to: àà a deeper understanding of the employment experiences and career aspirations of employees of different ages who work in countries around the world; àà informed decision making by employers who want to be employers-of-choice in different countries; and àà innovative thinking about private-public partnerships that promote sustainable, quality employment. Apart from the Mind the Gap series, the Global Perspectives Institute publishes a Statistical Profile Series highlighting workforce demographic trends in different coutries as well as a Global Policy Series focusing on selected worforce policy in certain country contexts. For more information on our publications, please visit us online at: www.bc.edu/agingandwork The Sloan Center on Aging & Work at Boston College promotes quality of employment as an imperative for the 21st century multi-generational workforce. We integrate evidence from research with insights from workplace experiences to inform innovative organizational decision-making. Collaborating with business leaders and scholars in a multi-disciplinary dialogue, the Center develops the next generation of knowledge and talent management. The Sloan Center on Aging & Work is grateful for the continued support of the Alfred P. Sloan Foundation. Isabella Blengini, is a doctoral student in the Economics Department of Boston College. Her research focus is on international economics. She has been studying issues related to human capital endowment and quality of production, capital flow dynamics and financial crises. For additional Sloan Center Publications, visit our website at www.bc.edu/agingandwork Global Statistical Profile 01 - Japan Global Statistical Profile 02 - United States Global Statistical Profile 03 - Pakistan Global Statistical Profile 04 - South Korea Global Statistical Profile 05 - China Global Statistical Profile 06 - Greece Global Statistical Profile 07 - Armenia agework@bc.edu 11