Is Italy A Rich Country Or A Poor Country

This is a relative question that is it can only be answered relative to some other country eg. Turin is the motor city milan the chemical industry base genoa for the shipbuilding industrynbsp.

The World S Richest And Poorest Countries 2020 Global Finance Magazine

is italy a rich country or a poor country

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Yes italy is a developed country.

Is italy a rich country or a poor country. Italys industry concentrated in the north there are milan turin genoa triangle. Italys buoyant economy is largely a result of its sizable agricultural sector and competitively placed automotive manufacturing and fashion. Italy is a founding member of the eu and a member of several world bodies like the un nato oecd wto g7 g20 and many more.

It depends how you measure wealth. If you use material wealth ie. United states china japan germany.

Measuring how rich you are depends to a large degree on how rich and poor countries are defined. In the tables below mean and median wealth per adult are reported. Italy belongs to the european single market having more than 500 million consumers.

Major industrial sectors of shipbuilding steel automotive electronics and textile machinery chemicals. Italy 39499 gdp per capita. Italy is a highly developed nation and ranks very high in the human development index.

Lithuania is a moderately rich country in the upper middle income category similar to portugal italy poland argentina and korea as an example. From there you can determine which states are wealthiest and then list the countries in descending order from richest to poorest. With a population of 61 million and 39499 gdp per capita italy occupies the position of 4th most populous eu member and 17th richest european country overall.

Well spain is full of english people and it doesnt mean they are poor italy is a weird country cause the south and the north are really different in demographics as in economics the north is rich and they look more germanic whereas the south is more poor and people have olive skin not all so perhaps those italians in the south do need to emigrate anyway italy has a per capita. By looking at the gdp per capita or gross domestic product per capita of each country around the globe it is possible to rank countries based on wealth and then compare them to each other. Eastern and central a new industrial area to small.

Answer 1 of 1. This is a list of countries of the world by wealth per adult published annually in credit suisses global wealth databook a company based in zuerich switzerlandit includes both financial and non financial assets. If we simply consider a nations gross domestic product gdpthe sum total of all goods and services produced by a country during one yearthen we would have to conclude that the richest nations are exactly the ones with the largest gdp.

Economy Of Italy Wikipedia