Italy has a population of 60.7 million people, and a land mass of 294 000 km2. Life expectancy is 82 years, and with a per capita GDP of USD 33228, the country is classified as a high income country. The country's GDP grew in 2019 with 0.3%, and totaled a nominal value of USD 2003.5 billion.
Italy is ranked at place 58 in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Italy is ranked at place 52, out of 180 countries in total.
Norwegian exports to Italy in 2020 were NOK 11.836 billion. The same year, Norway imported goods from Italy at a value of NOK22.978 billion.