Italy. May 2018 Statistical Factsheet

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1 May 2018 Statistical Factsheet Italy CONTENTS Main figures 1. KEY DATA 2. POPULATI ON & ECONOMY 3. FINANCIAL ASPECTS 4. ECONOMI C ACCOUNTS 5. AGRICULTURAL TRADE 6. FARM STRUCTURE Main figures - Year 2017 Population (1 st January) persons Area* km 2 Currency EUR euro Nominal GDP at current prices million EUR GDP per capita at current prices EUR GDP per capita at purchasing power PPS Harmonised index of consumer prices 1.4% change over previous year Unemployment rate 11.3 % of labour force Exports (goods & services)** million EUR Imports (goods & services)** million EUR Balance (goods & services)*** million EUR Exports of agricultural products million EUR Imports of agricultural products million EUR Current account balance 2.5 % of GDP General government balance -2.1 % of GDP General government gross debt % of GDP Sources: European Commission, Eurostat, and Directorate General for Economic and Financial Affairs. Updated: M ay 2018 * Data refer to the year 2015 ** 2010 prices *** current prices Agriculture and Rural Development

2 1. KEY DATA Macroeconomics Population (new European Commission methodology) Total population (number of persons), of which: % of EU-28 in predominantly rural regions (PR) % 19.2% in EU-28 in intermediate regions % 36.0% in EU-28 in predominantly urban regions % 44.8% in EU-28 Population in PR regions (number of persons) % of EU-28 GDP In EUR (current prices): Million EUR % of EU-28 GDP per capita in EU-28 GDP per capita (PPS) in EU-28 Real GDP growth rate (% change over previous year) % 2.3% in EU-28 Gross value added Agriculture, forestry and fishing (% of total GVA) % 1.6% in EU-28 Financial aspects Agricultural expenditure Total expenditure (million EUR), of which: % of EU-28 Direct payments (%) % 70.6% in EU-28 Market measures (%) % 5.1% in EU-28 Rural development (%) % 24.3% in EU-28 Economic accounts of agriculture Agricultural output Agricultural goods output (million EUR), of which: % of EU-28 Crop output, of which: % 13.6% of EU-28 Cereals (including seeds) % 7.4% of EU-28 Industrial crops % 3.9% of EU-28 Forage plants % 5.7% of EU-28 Vegetables and horticultural products % 16.5% of EU-28 Potatoes % 5.9% of EU-28 Fruits % 17.9% of EU-28 Wine % 33.2% of EU-28 Olive oil % 27.2% of EU-28 Animal output, of which: % 9.4% of EU-28 Cattle % 9.0% of EU-28 Pigs % 8.8% of EU-28 Sheep and goats % 3.0% of EU-28 Poultry % 12.4% of EU-28 Milk % 8.4% of EU-28 Eggs % 12.3% of EU-28 Gross value added at basic prices (million EUR) % of EU-28 Agricultural input Total intermediate consumption (million EUR) % of EU-28 Agricultural income Indicator A (% change over previous year) % 8.4% in EU-28 Farm structure Holdings Total (No), of which: % of EU-28 UAA < 5 ha (%) % 66.3% in EU-28 Economic size < % 55.7% in EU-28 Holder < 35 years (%) % 6.0% in EU-28 Holder > 64 years (%) % 31.1% in EU-28 UAA per holding (has) in EU-28 Labour force Persons (No), of which: % of EU-28 Women (%) % 41.8% in EU-28 Holders (%) % 46.8% in EU-28 Agriculture in % of total employment % 4.0% in EU-28 Sources: European Commission, Eurostat and Directorate General for Agriculture and Rural Development. Updated: M ay

3 2. POPULATION AND ECONOMY Importance of rural areas Territory Population GVA Employment (km 2 ) (persons) (Million EUR) (persons) Year Predominantly Rural Regions Intermediate Regions Predominantly Urban Regions Total Source: Eurostat. Updated: M ay % 90% 80% 70% 60% 50% 21.58% 54.40% 47.87% 49.96% 46.57% 40% 30% 20% 10% 0% 42.56% 41.25% 43.81% 24.02% 21.58% 8.79% 9.62% % Territory % Population % GVA % Employment predominantly rural intermediate predominantly urban Economic forecast Indicators GDP In million EUR (current prices) Per capita (in PPS; current prices) % change over previous period GDP growth (at constant prices) 1.7% 0.6% -2.8% -1.7% 0.1% 1.0% 0.9% 1.5% 1.3% 1.0% GDP deflator 0.3% 1.5% 1.4% 1.2% 1.0% 0.9% 0.8% 0.6% 1.3% 1.4% Harmonised index of consumer prices 1.6% 2.9% 3.3% 1.2% 0.2% 0.1% -0.1% 1.4% 1.2% 1.5% Exports (goods and services) 11.8% 5.2% 2.3% 0.7% 2.7% 4.4% 2.4% 4.8% 3.8% 3.3% Imports (goods and services) 12.4% 0.5% -8.1% -2.4% 3.2% 6.7% 3.1% 5.9% 4.7% 3.8% Net exports of goods and services (million EUR) % of total employment Unemployment rate % of GDP Current account balance General government balance General government gross debt Source: European Commission, Eurostat and Directorate General for Economic and Financial Affairs Updated: May 2018 Data for 2018 and 2019 is a forecast 3

4 3.1. AGRICULTURE: FINANCIAL ASPECTS CAP expenditure Measures EUR % Decoupled direct aids % 83.8% Other direct aids % 15.2% Additional amounts of aid 2 0.0% 0.0% Reimbursement of direct aids in relation to financial discipline % 1.0% Direct payments % 100.0% Olive oil % 5.0% Textile plants 0 0.0% 0.0% Fruit and vegetables % 39.6% Wine sector % 49.8% Promotion % 2.0% Other plant products/measures 0 0.0% 0.0% Milk and milk products % 1.1% Beef and veal % 1.3% Sheepmeat and goatmeat % 0.5% Pigmeat, eggs, poultry and other % 0.8% School schemes* 0 0.0% 0.0% Market measures % 100% Rural development % TOTAL % Note: Expenditure in commitments for direct payments and market measures; ceilings of support for rural development. * Programme implementation based on school years; reimbursement possible in the next financial year Source: European Commission, Directorate General for Agriculture and Rural Development Distribution of CAP expenditure 100% 90% 80% 70% 25.2% 24.3% 10.9% 5.1% 60% 50% 40% 30% 20% 63.9% 70.6% 10% 0% Italy EU-28 Direct payments Market measures Rural development 4

5 3.2. AGRICULTURE: FINANCIAL ASPECTS Distribution of direct aids to the producers Size-class of aid (all direct payments) Beneficiaries x % of total x % of total < % % 0 and < % % 500 and < % % and < % % and < % % and < % % and < % % and < % % and < % % and < % % and < % % and < % % and < % % and < % % % % Total % % Source: European Commission, Directorate General for Agriculture and Rural Development. Financial year 2017 Note: In order to protect the anonymity of the beneficiaries, numbers less than 10 have been made invisible in this table. Payments in EUR 35% Indicative figures on the distribution of direct aid by size-class of aid (1 000 EUR) 30% 25% 20% 15% 10% 5% 0% 0 - < < <2 2 - <5 5 - < < < < < < < < <500 >=500 Beneficiaries Payments 5

6 4.1. AGRICULTURE: ECONOMIC ACCOUNTS Agricultural output Output components (constant prices) Million EUR 2017 Million EUR % of total % of EU-28 Cereals: % 7.4% Wheat and spelt % 7.2% Rye and meslin % 0.1% Barley % 1.9% Oats and summer cereal mixtures % 2.8% Grain maize % 11.9% Rice % 36.8% Other cereals % 9.2% Industrial crops: % 3.9% Oil seeds and oleaginous fruits % 3.1% Protein crops % 10.9% Raw tobacco % 34.8% Sugar beet % 3.0% Other industrial crops % 0.7% Forage plants % 5.8% Vegetables and horticultural products % 16.4% Potatoes % 6.0% Fruits % 17.5% Wine % 33.0% Olive oil % 25.9% Other crop products % 15.1% Crop output % 13.6% Animals: % 9.9% Cattle % 9.1% Pigs % 8.7% Equines % 8.4% Sheep and goats % 3.1% Poultry % 12.4% Other animals % 32.4% Animal products: % 8.7% Milk % 8.4% Eggs % 12.3% Other animal products % 1.7% Animal output % 9.4% Agricultural goods output % 11.7% Source: Eurostat, Economic Accounts for Agriculture (values at real producer prices). Updated: M ay

7 4.2. AGRICULTURE: ECONOMIC ACCOUNTS Agricultural input Input components / /2016 Million EUR % Change Seeds and planting stock % -3.1% Energy % 9.8% Fertilisers and soil improvers % -3.2% Plant protection products % 1.9% Veterinary expenses % -1.3% Feedingstuffs % 0.8% Maintenance of materials % 0.9% Maintenance of buildings % 0.2% Agricultural services % 1.1% Other goods and services % -0.5% Total intermediate consumption % 1.1% Fixed capital consumption % -2.2% Note: 2017 data are estimates and may still change Source: Eurostat, Economic Accounts for Agriculture: values at real basic prices (2010 = 100) Updated: M ay 2018 Agricultural income Values at basic prices / /2016 Million EUR % Change Output of the agricultural "industry": % 2.0% Crop output % -1.3% Animal output: % 7.8% Animals % 6.4% Animal products % 10.1% Agricultural services % 1.2% Secondary activities % 4.4% - Intermediate consumption % 1.1% = Gross value added at basic prices % 2.5% - Consumption of fixed capital % -2.2% - Taxes % 0.9% + Subsidies % -3.4% = Factor income % 3.7% Agricultural income* (2010=100) % 3.9% Note: 2017 data are estimates and may still change Source: Eurostat, Economic Accounts for Agriculture (values at real prices; constant prices for *Indicator A - see definition at the end of this document). Updated: M ay

8 4.3. AGRICULTURE: ECONOMIC ACCOUNTS Output components ( average) Other, 3.1% Eggs, 2.6% Forage plants, 3.0% Industrial crops, 1.8% Cereals, 8.4% Milk, 10.5% Vegetables and horticultural products, 19.5% Potatoes, 1.4% Fruits, 10.5% Wine, 16.3% Poultry, 5.7% Pigs, 6.6% Cattle, 6.5% Olive oil, 3.7% Sheep and goats, 0.4% Source: Eurostat, Economic Accounts for Agriculture (values at real producer prices) Updated: May 2018 Intermediate consumption ( average) Maintenance of materials, 3.5% Maintenance of buildings, 1.5% Agricultural services, 11.8% Other, 18.9% Seeds and planting stock, 5.9% Feedingstuffs, 32.6% Energy, lubricants, 12.0% Veterinary expenses, 3.2% Plant protection products, 4.1% Fertiliser, soil improver, 6.5% Source: Eurostat, Economic Accounts for Agriculture (values at real basic price) Updated: May

9 1 000 AWU Italy 4.4. AGRICULTURE: ECONOMIC ACCOUNTS Evolution of agricultural labour input non-salaried salaried Source: Eurostat Updated: May 2018 Evolution of agricultural income (*) compared to wages and salaries in other sectors of the economy Agricultural income (Indicator A) (2010=100) Wages and salary index - Industry (2010=100) Wages and salary index - Construction (2010=100) Wages and salary index - Services (2010=100) Source: Eurostat Updated: May 2018 (*) The so-called indicator A is the real net value added at factor cost of agriculture per annual work unit (AWU). The net value added at factor cost (factor income) is calculated by subtracting the consumption of fixed capital from gross value added at basic prices and adding the value of subsidies less taxes. The AWU is defined as the work volume corresponding to one full-time employed worked. 9

10 4.5. AGRICULTURE: ECONOMIC ACCOUNTS Evolution of agricultural input and output prices Input prices (intermediate consumption) Output prices Source: Eurostat Updated: May 2018 Evolution of harmonised indices of consumer prices all items food Source: Eurostat Updated: May

11 4.6. AGRICULTURE: ECONOMIC ACCOUNTS Farmers' income and labour development index (real terms) Index 2010= Agricultural income (Indicator A) (2010=100) Annual Working Units (Thousand AWU) Source: Eurostat and DG Agriculture and Rural Development Updated: May 2018 (*) The so-called indicator A is the real net value added at factor cost of agriculture per annual work unit (AWU). The net value added at factor cost (factor income) is calculated by subtracting the consumption of fixed capital from gross value added at basic prices and adding the value of subsidies less taxes. The AWU is defined as the work volume corresponding to one full-time employed worked. 11

12 4.7. AGRICULTURE: ECONOMIC ACCOUNTS Agricultural income (real prices) million Euro Revenues Costs Crop output Animal output Product subsidies Other subsidies Agricultural services output Non-agricultural secondary Seeds Energy Fertilisers Plant/animal protection Feedingstuffs Labour Rents Interest Other costs Entrepreneurial income 100% Cost Structure 100% Revenue Structure 80% 80% 60% 60% 40% 40% 20% 20% 0% Plant/animal protection Other costs Taxes Interest Rents Labour Feedingstuffs Energy Fertilisers Seeds 0% Non-agricultural secondary Agricultural services output Other subsidies Product subsidies Source: Eurostat Updated: May

13 5.1. AGRICULTURAL TRADE Agricultural trade in 2017 By category of product Exports Total trade Million EUR Trade with EU countries Trade with non-eu countries % change % change Million EUR 2017/2016 Million EUR 2017/2016 Commodities % % Other primary products % % Processed products % % Food preparations % % Beverages % % Non edible % % Total agricultural products % % Imports as % of total exports 9.2% 10.7% - 7.2% - Commodities % % Other primary products % % Processed products % % Food preparations % % Beverages % % Non edible % % Total agricultural products % % Balance as % of total imports 10.0% 12.2% - 6.7% - Commodities Other primary products Processed products Food preparations Beverages Non edible Total agricultural products Source: Directorate General for Agriculture and Rural Development, based on COM EXT data Updated: M ay 2018 Exports of agricultural products 100% 90% 80% 29% 35% 70% 60% 50% 40% 30% 71% 65% 20% 10% 0% to EU countries to non-eu countries Imports of agricultural products 100% 90% 26% 27% 80% 70% 60% 50% 40% 74% 73% 30% 20% 10% 0% from EU countries from non-eu countries 13

14 Imports Exports Italy 5.2. AGRICULTURAL TRADE Evolution of agricultural trade with EU and non-eu countries Million EUR Exports to non-eu countries Imports from non-eu countries Balance with EU countries (right axis) Exports to EU countries Imports from EU countries Balance with non-eu countries (right axis) Structure of agricultural exports and imports 100% 90% 80% 70% 60% 50% 6% 9% 4% 16% 6% 4% 23% 23% 13% 18% 38% 10% 2% 3% 5% 25% 40% 30% 47% 33% 55% 20% 22% 10% 0% 9% 7% 6% Exports to EU countries Exports to non-eu countries 17% Imports from EU countries Imports from non-eu countries Commodities Other primary products Processed products Food preparations Beverages Non edible products Source: Eurostat, Comext Updated: May

15 6.1. FARM STRUCTURE Structure of agricultural holdings By UAA (*) By economic size (**) By LSU (***) By age of holder Total UAA in ha Holdings UAA (ha) per holding Total % Total % < 5 ha % % 5-10 ha % % ha % % ha % % ha % % ha % % > 100 ha % % < % % < % % < % % < % % < % % < % % < % % < % % =/> % % % % % % % % % % % % % % % % % % > % % < 35 years % % years % % years % % years % % > 64 years % % Source: Eurostat, Farm Structure Survey Updated: January (*) UAA = Utilised agricultural area. (**) Economic size: The standard output of an agricultural product (crop or livestock), abbreviated as SO, is the average monetary value of the agricultural output at farm-gate price, in euro per hectare or per head of livestock. There is a regional SO coefficient for each product, as an average value over a reference period (5 years, except for the SO 2004 coefficient calculated using the average of 3 years). The sum of all the SO per hectare of crop and per head of livestock in a farm is a measure of its overall economic size, expressed in euro. (***) LSU = Livestock units. A LSU is equivalent to a dairy cow. The number of animals (heads) is converted into LSU using a set of coefficients reflecting the feed requirements of the different animal categories. 15

16 6.2. FARM STRUCTURE Structure of farm labour force Family labour force persons: of which women: 41.8% AWUs (*): AWUs: Holders Family members 2013 Regular non family labour force persons: persons: persons: of which women: of which women: of which women: 32.0% 51.6% 30.2% Non family labour force Non regular non family labour force AWUs: AWUs: AWUs: AWUs: Total farm labour force (persons) Total farm labour force (AWUs) Source: Eurostat, Farm Structure Survey Updated: January 2017 * AWUs = Annual work units. An AWU is equivalent to a worker employed on a full time basis for one year. This document does not necessarily represent the official views of the European Commission European Union, Reproduction authorised provided the source is acknowledged Contact: DG Agriculture and Rural Development, Farm Economics Unit Tel: / Agri-C3@ec.europa.eu 16

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