After World War II, Italy was rapidly transformed from an agriculture based economy into one of the world's most industrialized nations[106] and a leading country in world trade and exports. It is a developed country, with the world's 8th highest quality of life in 2005[14] and the 25th Human Development Index. In spite of the recent global economic crisis, Italian per capita GDP at purchasing power parity remains approximately above to the EU average,[107] while the unemployment rate (8.5%) stands as one of the EU's lowest.[108] The country is well known for its influential and innovative business economic sector,[109] an industrious and competitive agricultural sector[109] (Italy is the world's largest wine producer),[110] and for its creative and high-quality automobile, industrial, appliance and fashion design