BANCA D’ITALIA  The Governor’s Concluding Remarks Annual Report 2016  29  Figure 7  Unemployment rate 13 %  13 % 12  12  Euro area (excluding Italy)  11  11  10  10  9  9  8  8  7  7  Italy  6  6 5  5 2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  Source: Based on Eurostat data.
Figure 8  Per capita GDP and productivity in Italy (average annual growth rates)  6 %  %6  Per capita GDP  5 4  5 4  Productivity  3  3  2  2  1  1  0  0  -1  -1  -2  -2  -3  Post-Unification  Giolitti era  (1861-1896)  (1896-1913)  Early inter-war Great Depression Post-war period Pre-Maastricht Post-Maastricht Great Recession Treaty period Treaty (1995-2007) (1919-1929) (1973-1995) (1929-1938) (1950-1973) (2007-2013)  Recovery  -3  (2013-2016)  Source: Bank of Italy historical reconstruction.