24Peaks / Europe / Italy / Government Economic Affairs Expenditure (% of GDP)

Italy - Government Economic Affairs Expenditure (% of GDP) 5.13

IMF Government Finance Statistics · updated 2026-10-03 · 77 economies tracked

Latest value

5.13 (2024)

Global rank

##17 of 77 economies

Share of global total

2.5%

Growth since 2017

1.11×

Ranking Race — Government Economic Affairs Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#28#172021 overtook San Marino2024 overtook France
ItalyTürkiyeNew ZealandMauritius

Real annual global ranks, 2017 - 2025. Italy climbed from #28 to #17 (overtook San Marino). Gaps in a lane = missing data that year.

Key events for Italy ↓

Key Events — Italy

Auto-detected from rank data + curated milestones

2020
COVID-19 shock curated

One of Europe's largest GDP contractions on record.

2021
Overtook San Marino in global rank auto
2021
Climbed 22 places in global rank auto
2024
Overtook France in global rank auto

Government Economic Affairs Expenditure (% of GDP), 2017-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
2017202220244.215.065.96.75
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.