Unemployment rate in Italy 2019

This statistic shows the unemployment rate in Italy from 1999 to 2019. In 2019, the unemployment rate in Italy was around 9.22 percent.

Economy and employment in Italy

Since reaching a decade low in 2007, unemployment in Italy has experienced considerable surges, most notably after 2011. This is mainly the cause of their late 2000s recession, originally triggered by the global crisis. Additionally, Italy experienced its highest spike in national debt from 2007 to 2011), indicating that it is becoming more dependent on other nations to fund and fuel its economy. A significant reason for the country’s national debt is inefficient budgeting as well as incompetent leadership. Over the same timeframe as the crisis, Italy reported extensive trade deficits year-over-year, implying that they imported more than they exported. Italy experienced its largest trade deficit in 2010, mainly from their trade balance of goods, which reached a decade low.

In 2013, Italy earned a place as one of the top 20 leading import countries worldwide, ahead of prominent exporters such as Canada and Saudi Arabia. This signifies that the country is in fact capable of producing and selling goods however require funding from other countries to complete the job, which subsequently leads to a higher national debt.

Italy: Unemployment rate from 1999 to 2019

Unemployment rate
20199.22%
201810.21%
201711.21%
2016 11.69%
2015 11.9%
2014 12.68%
2013 12.15%
2012 10.66%
2011 8.36%
2010 8.36%
2009 7.75%
2008 6.72%
20076.08%
2006 6.78%
2005 7.73%
2004 7.87%
2003 8.87%
2002 9.21%
2001 9.6%
2000 10.84%
1999 11.69%
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Source

Release date

December 2019

Region

Italy

Survey time period

1999 to 2019

Supplementary notes

Figures have been rounded.

All figures are modeled ILO estimates.

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Statistics on "Italy"

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