Invest in Italy · • Italy is the country that won most Academy Awards for foreign-language...

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Directorate General for Cultural and Economic Promotion and Innovation Invest in Italy

Transcript of Invest in Italy · • Italy is the country that won most Academy Awards for foreign-language...

Directorate General for Cultural and EconomicPromotion and Innovation

Invest in Italy

Business

Business

Italy is among the 5 countries in the world having a trade surplus in the manufacturing

sector higher than 100 billion dollars

L’Italia in 10 selfie - symbola.net, 2019; fondazioneedison.it, 2019

973,0

376,4

213,0 207,5

106,9

• Italy is one of the 5countries in the world with atrade balance (differencebetween export and import)surplus in the manufacturingsector higher than 100 billiondollars.

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Italy is first in EU for pharmaceutical manufacturing

Second in the world formarket share in the fashionindustry

Second in the world fortrade surplus in the wood-furniture industry

L’Italia in 10 selfie - symbola.net, 2019; farmindustria.it; efpia.eu; blumine.it; comtrade.un.org; federlegnoarredo.it

• Italy is the leadingpharmaceutical producer in EU witha turnover of 31,2 billion euros.

• In the wood-furniture industry,Italy is second in the world fortrade surplus and first in EU forexport.

• In the fashion industry, Italyproduces more than 1/3 of theadded value* in the EU.

*difference between the final value ofproduced goods and services and the value ofgoods and services purchased to be used inthe production process

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Business

First country in the world in the luxury goodsindustry with 24 companies in the TOP100

China9 France

7 Germany5

Italy24

Japan6

Spain4

Switzerland9

UK10

USA14

Others12

deloitte.com, 2019

• Among the TOP100 luxurygoods companies of the world,24 are based in Italy (firstcountry in the world).

• More than 2/3 of these 24companies operate in the«clothing and footwear» sector.

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Business

Italy is the most sustainablecountry in the agriculture industry

58,8 billion euros of added value*by the agri-food sector

First country in the world for DOP(Protected Designation of Origin – EUGeographical Indication) and IGP(Protected Geographical Indication)products

#Italyisdifferent - ambrosetti.eu, 2018; L’Italia in 10 selfie - symbola.net, 2019; coldiretti.it; ec.europa.eu; ansa.it

• Italy’s greenhouse gasemissions are 46% less than theEU average (for Spain, in secondposition, the figure is 25%).

• In Italy there are 64.210 organicproducers (twice that of Spain andFrance which are in second andthird position).

• 55.331 agricultural enterprisesare run by under 35.

*difference between the final value of produced goods and services and the value of goods and services purchased to be used in the production process

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Business

Italy is second in circulareconomy among the largerEuropean countries

L’Italia in 10 selfie - symbola.net;, 2019 ambienteitalia.it; ec.europa.eu/eurostat

• With 307 tons of raw material forevery million euros produced, Italy issecond in the EU for efficient use ofmaterials, behind United Kingdom andin front of France, Spain and Germany.

• Considering the total amount ofwaste, Italy is the country with thehighest percentage of recycling(76.9%), against a 36% EU average.

• For every kg of consumedresources, Italy produces €4 of GDPagainst a EU average of €2,24(Germany, in second place, produces€2,30).

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Business

Italian firms are among those inEurope that invest more inmachinery and equipment: overthe last years, Italian investmentshave grown twice the rate ofGerman ones

In the EU, Italy is the first countryfor companies’ investments inresearch and development, in therespective areas of specialization.Moreover, Italy is second for thenumber of designs protected byEUIPO (European Union IntellectualProperty Office)

Not everyone knows that…

fondazioneedison.it, 2019

Business

Macroeconomics

Macroeconomics

Italy is one of the EU countries with thebest deficit/GDP ratio

• Deficit/GDP Ratio (Average2011 – 2016): -2,9% in Italy /-4,1% in France, -5,7% in UKand -7,1% in Spain.

• Since 1992, Italy has beenhaving a primary surplus(difference between incomefrom taxes and governmentspending, excluding interestpaid on government debt) foralmost 27 consecutive years:only in 2009 and 2010 therewere a deficit (0.9%) and abreak-even.

#Italyisdifferent - ambrosetti.eu; infostat.bancaditalia.it; dati.istat.it

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If we consider the aggregate debt (sum of public and privatedebt), Italy is one of the less indebted EU countries

Only 1/3 of the Italian public debt is financed by foreigninvestors

The domestic private sector is one of the financiallystrongest and the cross-border position* is better than thatone of many other OECD countries

fondazioneedison.it, 2019

Macroeconomics

*the stock of financial claims on and financial liabilities to residents of non-participating Member States and/ or residents of third countries.

At the end of 2017, the Italian household netwealth was 9.743 billion euros, 8 times thehousehold disposable income.

Italian household saving is among the highestin the world. Over the last 15 years, Italianhouseholds have saved 6,6% of their income(the EU average is 6%)

fondazioneedison.it; #Italyisdifferent - ambrosetti.eu

Macroeconomics

University, Innovation and Research

University, Innovation and Research

Italy’s skilled workforce offers a better cost performance than its comparable European Partners

33 Universities among the best 500 in the world (2019)

Third in Europe and fifth in the world for most quoted academic publications

ice.it; ec.europa.eu; timeshighereducation.com; Istat, Rapporto sulla conoscenza in Italia 2018

• Skilled workforce labour cost inItaly is 28% lower than France and16% lower than Germany.

• 300.000 students graduate fromItalian universities every year.

• Among the best 25 universitiesfounded in the last 50 years there areScuola Superiore Sant’Anna in Pisaand Vita-Salute San Raffaele. PisaSant’Anna University ranks 18th in theworld for amount of scientificcitations indexed by the bibliometricdatabase Scopus/Elsevier, with regardsto number of lecturers andresearchers for the period 2012-2017.

• Taking into account the 10% of the

most quoted academic publications,

Italy ranks third in Europe and fifth in

the world (Istat).

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Among the most automated Countries inthe world and sixth country in the world forexport of industrial robots

#Italyisdifferent - ambrosetti.eu, 2018; ifr.org

• According to the InternationalFederation of Robotics chart, with 185robots every 10 thousand employees,Italy ranks 8th among the mostautomated Countries in the world.This is more than double the globalaverage (74 units every 10 thousandemployees).

• In 2018 Italy ranked 7th for numberof robots produced annually with8.300 units.

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University, Innovation and Research

Second country in theworld to launch a civilsatellite into orbit

Third contributingcountry to theEuropean SpaceAgency (2019 ESABudget)

Italy is on Mars withthe Italian radar Marsis

• Italy contributes to more than 40% of

the International Space Station’s volume

via ASI and companies like Thales

Alenia Space.

• Among Italian artificial satellites,

Prisma deserves particular mention: it is

one of the most advanced for

instrumental characteristics up to now

constructed. It is able to fathom forests

conditions, to evaluate water’s health

and to provide information on climate

change.

• Italian radar Marsis identified a

large saltwater lake 1,5 km underneath

the red planet’s South Pole. It is the first

discovery of water ever found on the

Red Planet.

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University, Innovation and Research

Arts, Culture and Tourism

Arts, Culture and Tourism

First in the world for UNESCOHeritage World Heritage sites

unwto.org; unesco.org

• Italy is the country holding therecord for UNESCO World HeritageSites with 55 sites in the 2019 list.

• In 2019, the most visited UNESCOSite is the city-center of Matera.

in-depth:

enit.it; centrostudituristicifirenze.it; assoturismo.it; obiettivotre-webagency.it; symbola.net;

Dream destination fortourists from all over theworld

• The Be-Italy research, carried outby Ipsos for Enit in 2017 in the entireworld, shows that Italy is in first placeas desired holiday destinationaccording to the respondents.

• In 2018, there were 123 milliontouristic arrivals in Italy with 426million overnight stays.

• Furthermore, Italy is the secondEuropean country for number ofovernight stays of non-EU tourists.

+2,3% in 2018 +0,5%

+2,5%

+1,1%

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Arts, Culture and Tourism

Italy is one of the countries thathas won most Academy Awards,14 of which are in the BestForeign Film category

• Italy is the country that won mostAcademy Awards for foreign-language films.

• Considering that there were 28nominations overall, Italy won oneaward every two nominations.Following Italy, France won 12 awardsand had 37 nominations, an averageof one award every three nominations.

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Arts, Culture and Tourism

oscars.org

International Indices

A.T. Kearney 2019 FDI Confidence Index

International Indices

atkearney.com

2,10

1,90 1,87 1,85 1,79 1,78 1,72 1,67 1,67 1,65

0,00

0,50

1,00

1,50

2,00

2,50 Among the ten most preferredcountries in the world by foreigninvestors

• The report on the global flowsof direct foreign investmentstakes into account both theanalytical economic-financial dataand the actual investment decisionsof a wide number of internationaloperators.

• In the last 3 years Italy wentup in the ranking from the 16th tothe 8th position.

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PWC 2018 Digital Tax Index(Locational Tax Attractiveness for Digital Business Models)

International Indices

pwc.de

First in the world for tax benefits inresearch, development and innovationsectors

• The index measures thecountries’ attractiveness in thedigital sector.

• Italy is the country withthe lowest tax burden oncompanies’ investments indigitalization.

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Bloomberg 2019 Healthiest Country Index

International Indices

bloomberg.com

• The Healthiest Country Indexclassifies 169 countries according tofactors that contribute to determinethe general health of a population.

• Evaluation criteria take into accountenvironmental factors too, includingaccess to clean water and sanitation.

Italy is the secondhealthiest country inthe world

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91,6

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U.S. News & World Report 2019 Best Countries

International Indices

usnews.com

According to this ranking,Italy is the most influentialcountry in the world fromthe Cultural point of view

In 9th position forinternational influence

• Italy is in the 18th place in theBest Countries 2019 chart. It ranksfirst in the Cultural Influence andHeritage indicators. Italy is alsosecond in the “Adventure” indicator.

• Furthermore, Italy is in the Top10of several other US News WorldReport rankings: second in the “solojourney” index; ninth (over 80) forinternational influence; ninth (over26) as ideal country to start a jobcareer.

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