Electricity - imports:
46.4 billion kWh (2004)

Oil - production:
145,100 bbl/day (2004 est.)

Oil - consumption:
1.881 million bbl/day (2004 est.)

Oil - exports:
456,600 bbl/day (2001)

Oil - imports:
2.158 million bbl/day (2001)

Oil - proved reserves:
586.6 million bbl (1 January 2002)

Natural gas - production:
12.96 billion cu m (2004 est.)

Natural gas - consumption:
80.61 billion cu m (2004 est.)

Natural gas - exports:
396 million cu m (2004 est.)

Natural gas - imports:
67.91 billion cu m (2004 est.)

Natural gas - proved reserves:
226.5 billion cu m (1 January 2005 est.)

Current account balance:
$-23.73 billion (2006 est.)

Exports:
$450.1 billion f.o.b. (2006 est.)

Exports - commodities:
engineering products, textiles and clothing, production machinery,
motor vehicles, transport equipment, chemicals; food, beverages and
tobacco; minerals, and nonferrous metals

Exports - partners:
Germany 13.1%, France 12.3%, US 8.1%, Spain 7.4%, UK 6.4% (2005)

Imports:
$445.6 billion f.o.b. (2006 est.)

Imports - commodities:
engineering products, chemicals, transport equipment, energy
products, minerals and nonferrous metals, textiles and clothing;
food, beverages, and tobacco

Imports - partners:
Germany 17.2%, France 9.9%, Netherlands 5.7%, China 4.6%, Belgium
4.5%, Spain 4.2% (2005)

Reserves of foreign exchange and gold:
$70.5 billion (2006 est.)

Debt - external:
$1.957 trillion (30 June 2006 est.)

Economic aid - donor:
ODA, $1 billion (2002 est.)

Currency (code):
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the
euro as a common currency to be used by financial institutions of
member countries; on 1 January 2002, the euro became the sole
currency for everyday transactions within the member countries

Currency code:
EUR

Exchange rates:
euros per US dollar - 0.79669 (2006), 0.8041 (2005), 0.8054 (2004),
0.886 (2003), 1.0626 (2002)

Fiscal year:
calendar year

Communications Italy

Telephones - main lines in use:
25.049 million (2005)

Telephones - mobile cellular:
72.2 million (2005)

Telephone system:
general assessment: modern, well developed, fast; fully automated
telephone, telex, and data services
domestic: high-capacity cable and microwave radio relay trunks
international: country code - 39; satellite earth stations - 3
Intelsat (w