Industries in Italy include tourism, machinery, food processing, motor vehicles and textiles. Italy also has industry in the service sector, such as finance, insurance, government and personal services.
The service industry in Italy makes up two-thirds of the country’s gross domestic product. Banking, renting and selling homes or office space and business-to-business services account for one-fourth of Italy’s GDP. The government, community and personal services portion of Italy’s service industry is the second-largest contributor, consisting of business in health care, law firms, schools and data processing centers. Due in part to tourism, Italy’s hotels and restaurants make up the third-largest group in the service sector.
Jobs in manufacturing account for one-fifth of Italy’s GDP. Manufacturers in Italy produce a wide range of machinery, which includes sewing machines, ships, calculators, cash registers and typewriters. Italy has one of the largest automobile industries in the world, and the automobile company Fiat is one of the largest manufacturers in Italy. Industries in Italy’s textile sector include the production of woolen, synthetic, cotton and silk fabrics. Food and beverage manufacturing makes up a significant portion of industry in Italy, much of it coming from the production of wine, cheese, olive oil, sausage and pasta.
The tourism industry in Italy thrives on its many historic attractions, receiving millions of visitors each year. Rome is an especially popular city for tourists, offering world-famous destinations, such as the Colosseum, the Pantheon, Saint Peter’s Basilica and the Vatican museums.