Economy of Rome | Wikipedia audio article
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Date: 02/12/2018

This is an audio version of the Wikipedia Article:
Economy of Rome

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SUMMARY
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Rome is a major EU and international financial, cultural and a business centre. Rome's trade is 0.1% of world economic trade. With a 2005 GDP of €94.376 billion (US$121.5 billion), the city produces 6.7% of the national GDP after Milan which provides 10%[1], and its unemployment rate, lowered from 11.1% to 6.5% between 2001 and 2005, is now one of the lowest rates of all the European Union capital cities. Rome grows +4.4% annually and continues to grow at a higher rate in comparison to any other city in the rest of the country. This means that were Rome a country, it would be the world's 52nd richest country by GDP, near to the size to that of Egypt. Rome also had a 2003 GDP per capita of €29,153 (US$39,412), which was second in Italy, (after Milan), and is more than 134.1% of the EU average GDP per capita. Also, Rome hosts the head offices of the vast majority of the major Italian companies and corporations, as well as the headquarters of 3 of the world's 100 largest companies: Enel, Eni, and Telecom Italia.Rome, hosts major international and worldwide political and cultural organizations, such as the International Fund for Agricultural Development (IFAD), World Food Programme (WFT), and the NATO Defence College. Rome is currently a beta+ world city, along with other metropoleis such as Berlin and Montreal, and was ranked in the Global Cities Index as the world's 28th most important city. Rome was in 2008, also ranked 15th out of all the cities of the world for global importance, mainly for cultural experience.