Italy's North-South Economic Divide
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Italy's North-South Economic Divide
The economy of Italy is a Developed country, highly developed social market economy. It is the third-largest national economy in the European Union, the List of countries by GDP (nominal), 8th-largest economy in the world by nominal GDP, and the List of countries by GDP (PPP), 11th-largest by PPP-adjusted GDP. The country has the second-largest manufacturing industry in Europe, which is also the List of countries by manufacturing output, 7th-largest in the world. Italy has a diversified economy which is dominated by the Tertiary sector of the economy, tertiary service sector. The country is a great power, and is a Founding members of the European Union, founding member of the European Union, the eurozone, the Schengen Area, the Organisation for Economic Co-operation and Development, OECD, the G7 and the G20; it is the List of countries by exports, eighth-largest exporter in the world, with $611 billion exported in 2021. Its closest trade ties are with the other countries of th ...
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Milan
Milan ( , , ; ) is a city in northern Italy, regional capital of Lombardy, the largest city in Italy by urban area and the List of cities in Italy, second-most-populous city proper in Italy after Rome. The city proper has a population of nearly 1.4 million, while its Metropolitan City of Milan, metropolitan city has 3.2 million residents. Within Europe, Milan is the fourth-most-populous List of urban areas in the European Union, urban area of the EU with 6.17 million inhabitants. According to national sources, the population within the wider Milan metropolitan area (also known as Greater Milan) is estimated between 7.5 million and 8.2 million, making it by far the List of metropolitan areas of Italy, largest metropolitan area in Italy and List of metropolitan areas in Europe, one of the largest in the EU.* * * * Milan is the economic capital of Italy, one of the economic capitals of Europe and a global centre for business, fashion and finance. Milan is reco ...
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