_#_Diplomatic representation: Ambassador Rinaldo PETRIGNANI; Chancery at 1601 Fuller Street NW, Washington DC 20009; telephone (202) 328-5500; there are Italian Consulates General in Boston, Chicago, Houston, New Orleans, Los Angeles, Philadelphia, San Francisco, and Consulates in Detroit and Newark (New Jersey);
US—Ambassador Peter F. SECCHIA; Embassy at Via Veneto 119/A, 00187-Rome (mailing address is APO New York 09794); telephone [39] (6) 46741; there are US Consulates General in Florence, Genoa, Milan, Naples, and Palermo (Sicily)
_#_Flag: three equal vertical bands of green (hoist side), white, and red; similar to the flag of Ireland which is longer and is green (hoist side), white, and orange; also similar to the flag of the Ivory Coast which has the colors reversed—orange (hoist side), white, and green
_*Economy #_Overview: Since World War II the economy has changed from one based on agriculture into a ranking industrial economy, with approximately the same total and per capita output as France and the UK. The country is still divided into a developed industrial north, dominated by small private companies, and an undeveloped agricultural south, dominated by large public enterprises. Services account for 48% of GDP, industry 34%, agriculture 4%, and public administration 13%. Most raw materials needed by industry and over 75% of energy requirements must be imported. The economic recovery that began in mid-1983 has continued through 1990, with the economy growing at an annual average rate of 3%. For the 1990s, Italy faces the problems of refurbishing a tottering communications system, curbing pollution in major industrial centers, and adjusting to the new competitive forces accompanying the ongoing economic integration of the European Community.
_#_GDP: $844.7 billion, per capita $14,600; real growth rate 2.0% (1990)
_#_Inflation rate (consumer prices): 6% (1990)
_#_Unemployment rate: 11.0% (1990 est.)
_#_Budget: revenues $355 billion; expenditures $448 billion, including capital expenditures of $NA (1989)
_#_Exports: $170.4 billion (f.o.b., 1990);
commodities—textiles, wearing apparel, metals, transportation equipment, chemicals;