Italy on world map
Italy location on world map. Italy on world map (Southern Europe - Europe) to print. Italy on world map (Southern Europe - Europe) to download. The territory of Italy covers some 301,338 km2 (116,347 sq mi) and is influenced by a temperate seasonal climate. With 60.6 million inhabitants, the 23rd most populous in the world as its shown in Italy on world map. Among the world most developed countries, Italy has the 4th-largest economy in the European Union, 3rd in the Eurozone and 8th in the world by GDP (IMF, 2014).
Modern Italy is a democratic republic. It has been ranked as the world 24th most-developed country and its Quality-of-life index has been ranked in the world top ten in 2005. Italy enjoys a very high standard of living, and has a high GDP per capita as its mentioned in Italy on world map. It is a founding member of what is now the European Union and part of the Eurozone. Italy is also a member of the G8, G20 and NATO.
Italy has the world third-largest gold reserves, eighth-largest nominal GDP, tenth highest GDP (PPP) and the sixth highest government budget in the world as you can see in Italy on world map. It is also a member state of the Organisation for Economic Co-operation and Development, the World Trade Organization, the Council of Europe, the Western European Union and the United Nations.
Italy has the world ninth-largest defence budget and shares NATO nuclear weapons. Between 2008 – when Italian spending in defence peaked – and 2015, there was a steady decrease in the budget, before an inversion of the trend in recent years as you can see in Italy on world map. This fluctuation in the military budget appears to have reached some stability and, as it stood in 2018, constituted 1.5% of the world budget, amounting to approximately €25 billion.