Rome, Lazio Region, Italy

Economy | Education

🇮🇹 Rome, the Eternal City, is the capital city of Italy. It is also the capital of the Lazio region, the centre of the Metropolitan City of Rome, and a special comune named Comune di Roma Capitale. Rome is the country's most populated comune and the third most populous city in the European Union by population within city limits. The Metropolitan City of Rome, is the most populous metropolitan city in Italy. Its metropolitan area is the third-most populous within Italy. Rome is located in the central-western portion of the Italian Peninsula, within Lazio (Latium), along the shores of the Tiber. Vatican City (the smallest country in the world) is an independent country inside the city boundaries of Rome, the only existing example of a country within a city. Rome is often referred to as the City of Seven Hills due to its geographic location, and also as the "Eternal City". Rome is generally considered to be the "cradle of Western civilization and Christian culture", and the centre of the Catholic Church.

Rome's history spans 28 centuries. While Roman mythology dates the founding of Rome at around 753 BC, the site has been inhabited for much longer, making it a major human settlement for almost three millennia and one of the oldest continuously occupied cities in Europe. The city's early population originated from a mix of Latins, Etruscans, and Sabines. Eventually, the city successively became the capital of the Roman Kingdom, the Roman Republic and the Roman Empire, and is regarded by many as the first-ever Imperial city and metropolis. It was first called The Eternal City (Latin: Urbs Aeterna; Italian: La Città Eterna) by the Roman poet Tibullus in the 1st century BC, and the expression was also taken up by Ovid, Virgil, and Livy. Rome is also called "Caput Mundi" (Capital of the World). After the fall of the Empire in the west, which marked the beginning of the Middle Ages, Rome slowly fell under the political control of the Papacy, and in the 8th century, it became the capital of the Papal States, which lasted until 1870. Beginning with the Renaissance, almost all popes since Nicholas V (1447–1455) pursued a coherent architectural and urban programme over four hundred years, aimed at making the city the artistic and cultural centre of the world. In this way, Rome became first one of the major centres of the Renaissance, and then the birthplace of both the Baroque style and Neoclassicism. Famous artists, painters, sculptors, and architects made Rome the centre of their activity, creating masterpieces throughout the city. In 1871, Rome became the capital of the Kingdom of Italy, which, in 1946, became the Italian Republic.

In 2019, Rome was the 14th most visited city in the world, with 8.6 million tourists, the third most visited in the European Union, and the most popular tourist destination in Italy. Its historic centre is listed by UNESCO as a World Heritage Site. The host city for the 1960 Summer Olympics, Rome is also the seat of several specialised agencies of the United Nations, such as the Food and Agriculture Organization (FAO), the World Food Programme (WFP) and the International Fund for Agricultural Development (IFAD). The city also hosts the Secretariat of the Parliamentary Assembly of the Union for the Mediterranean (UfM) as well as the headquarters of many international businesses, such as Eni, Enel, TIM, Leonardo, and banks such as BNL. Numerous companies are based within Rome's EUR business district, such as the luxury fashion house Fendi located in the Palazzo della Civiltà Italiana. The presence of renowned international brands in the city has made Rome an important centre of fashion and design, and the Cinecittà Studios have been the set of many Academy Award–winning movies.

Economy As the capital of Italy, Rome hosts all the principal institutions of the nation, including the Presidency of the Republic, the government (and its single Ministeri), the Parliament, the main judicial Courts, and the diplomatic representatives of all the countries for the states of Italy and Vatican City. Many international institutions are located in Rome, notably cultural and scientific ones, such as the American Institute, the British School, the French Academy, the Scandinavian Institutes, and the German Archaeological Institute. There are also specialised agencies of the United Nations, such as the Food and Agriculture Organization (FAO). Rome also hosts major international and worldwide political and cultural organisations, such as the International Fund for Agricultural Development (IFAD), World Food Programme (WFP), the NATO Defence College, and the International Centre for the Study of the Preservation and Restoration of Cultural Property (ICCROM).

With a 2005 GDP of €94.376 billion (US$121.5 billion), the city produces 6.7% of the national GDP (more than any other single city in Italy), 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's economy grows at around 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$37,412), which was second in Italy, (after Milan), and is more than 134.1% of the EU average GDP per capita. Rome, on the whole, has the highest total earnings in Italy, reaching €47,076,890,463 in 2008, yet, in terms of average workers' incomes, the city places itself 9th in Italy, with €24,509. On a global level, Rome's workers receive the 30th highest wages in 2009, coming three places higher than in 2008, in which the city ranked 33rd. The Rome area had a GDP amounting to $167.8 billion, and $38,765 per capita.

Although the economy of Rome is characterised by the absence of heavy industry, and it is largely dominated by services, high-technology companies (IT, aerospace, defence, telecommunications), research, construction and commercial activities (especially banking), and the huge development of tourism are very dynamic and extremely important to its economy. Rome's international airport, Fiumicino, is the largest in Italy, and the city hosts the head offices of the vast majority of the major Italian companies, as well as the headquarters of three of the world's 100 largest companies: Enel, Eni, and Telecom Italia.

Universities, national radio and television and the movie industry in Rome are also important parts of the economy: Rome is also the hub of the Italian film industry, thanks to the Cinecittà studios, working since the 1930s. The city is also a centre for banking and insurance as well as electronics, energy, transport, and aerospace industries. Numerous international companies and agencies headquarters, government ministries, conference centres, sports venues, and museums are located in Rome's principal business districts: the Esposizione Universale Roma (EUR); the Torrino (further south from the EUR); the Magliana; the Parco de' Medici-Laurentina and the so-called Tiburtina-valley along the ancient Via Tiburtina.

Education Rome is a nationwide and major international centre for higher education, containing numerous academies, colleges and universities. It boasts a large variety of academies and colleges, and has always been a major worldwide intellectual and educational centre, especially during Ancient Rome and the Renaissance, along with Florence. According to the City Brands Index, Rome is considered the world's second most historically, educationally and culturally interesting and beautiful city.

Rome has many universities and colleges. Its first university, La Sapienza (founded in 1303), is one of the largest in the world, with more than 140,000 students attending; in 2005 it ranked as Europe's 33rd best university and in 2013 the Sapienza University of Rome ranked as the 62nd in the world and the top in Italy in its World University Rankings. and has been ranked among Europe's 50 and the world's 150 best colleges. In order to decrease the overcrowding of La Sapienza, two new public universities were founded during the last decades: Tor Vergata in 1982, and Roma Tre in 1992. Rome hosts also the LUISS School of Government, Italy's most important graduate university in the areas of international affairs and European studies as well as LUISS Business School, Italy's most important business school. Rome ISIA was founded in 1973 by Giulio Carlo Argan and is Italy's oldest institution in the field of industrial design.

Rome, Lazio Region, Italy 
<b>Rome, Lazio Region, Italy</b>
Image: Adobe Stock Nikolay N. Antonov #297189331

Rome is rated Beta + by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Beta level cities are cities that link moderate economic regions to the world economy.

Rome is the #47 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria – Human Capital, Business, Finance, Infrastructure and Reputation.

Rome is ranked #137 by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. Rome was ranked #822 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Rome has a population of over 2,866,000 people. Rome also forms the centre of the wider Rome Metropolitan City which has a population of over 4,355,725 people. Rome is the #313 hipster city in the world, with a hipster score of 2.5384 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Rome is ranked #140 for startups with a score of 4.205.

To set up a UBI Lab for Rome see: Twitter:

Rome is a member of the UNESCO Creative Cities Network for Film see:

Twin Towns, Sister Cities Rome has links with:

🇧🇴 Achacachi, Bolivia 🇩🇿 Algiers, Algeria 🇨🇳 Beijing, China 🇷🇸 Belgrade, Serbia 🇧🇷 Brasília, Brazil 🇦🇷 Buenos Aires, Argentina 🇪🇬 Cairo, Egypt 🇺🇸 Cincinnati, USA 🇪🇸 Coslada, Spain 🇸🇾 Kobanî, Syria 🇵🇱 Kraków, Poland 🇺🇦 Kyiv, Ukraine 🇪🇸 Madrid, Spain 🇵🇰 Multan, Pakistan 🇮🇳 New Delhi, India 🇺🇸 New York City, USA 🇫🇷 Paris, France 🇧🇬 Plovdiv, Bulgaria 🇭🇷 Rijeka, Croatia 🇰🇷 Seoul, South Korea 🇦🇺 Sydney, Australia 🇮🇷 Tehran, Iran 🇦🇱 Tirana, Albania 🇯🇵 Tokyo, Japan 🇧🇪 Tongeren, Belgium 🇹🇳 Tunis, Tunisia 🇹🇭 Ubon Ratchathani, Thailand 🇺🇸 Washington D.C., USA 🇭🇷 Zagreb, Croatia
Text Atribution: Wikipedia Text under CC-BY-SA license | GFCI | GaWC | GUCR | Hipster Index | Nomad | StartupBlink

  • Louis de Soissons |

    🇨🇦 🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect Louis de Soissons is associated with Rome. Louis Emmanuel Jean Guy de Savoie-Carignan de Soissons was also known as Baron Longroy Viscomte d'Ostel,

  • Harold Charlton Bradshaw |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect Harold Charlton Bradshaw is associated with Rome. He taught architectural history at the Architectural Association in London in the 1920s.  

  • William Harding Thompson |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect William Harding Thompson is associated with Rome. He was elected a Fellow of the Royal Institute of British Architects (FRIBA) in 1929.

  • George Edmund Street |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect/Furniture/Tile Designer George Edmund Street is associated with Rome. He was one of the leading figures in the Gothic Revival movement in Britain.

  • George Checkley |

    🇳🇿 🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect George Checkley is associated with Rome. He served for three years in World War One in the New Zealand Expeditionary Forces.

Antipodal to Rome is: -167.533,-41.883

Locations Near: Rome 12.4667,41.8833

🇮🇹 Fiumicino 12.233,41.767 d: 23.3  

🇮🇹 Guidonia Montecelio 12.717,42 d: 24.4  

🇮🇹 Tivoli 12.798,41.96 d: 28.7  

🇮🇹 Aprilia 12.65,41.583 d: 36.7  

🇮🇹 Velletri 12.767,41.683 d: 33.4  

🇮🇹 Anzio 12.589,41.5 d: 43.8  

🇮🇹 Nettuno 12.65,41.45 d: 50.5  

🇮🇹 Latina 12.905,41.463 d: 59.3  

🇮🇹 Viterbo 12.1,42.417 d: 66.6  

🇮🇹 Rieti 12.867,42.4 d: 66.2  

Antipodal to: Rome -167.533,-41.883

🇹🇴 Nuku'alofa -175.216,-21.136 d: 17598.5  

🇦🇸 Pago Pago -170.701,-14.279 d: 16930.5  

🇼🇸 Apia -171.76,-13.833 d: 16869.5  

🇵🇫 Papeete -149.566,-17.537 d: 16814.6  

🇺🇸 Hilo -155.089,19.725 d: 13045.9  

🇺🇸 Maui -156.446,20.72 d: 12961  

🇺🇸 Maui County -156.617,20.868 d: 12947.6  

🇺🇸 Wailuku -156.505,20.894 d: 12942.9  

🇺🇸 Kahului -156.466,20.891 d: 12942.5  

🇺🇸 Honolulu -157.85,21.3 d: 12919.1  

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