World Bank WDI · updated 2026-10-15 · 161 economies tracked
47.28 (2023)
##4 of 161 economies
1.9%
1.78×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1972 - 2024. Italy climbed from #10 to #4 (overtook Greece). Gaps in a lane = missing data that year.
Key events for Italy ↓Auto-detected from rank data + curated milestones
Lira leaves the ERM amid a European exchange-rate turmoil.
Italy joins the single currency as a founding member.
Bond yields spike; Berlusconi resigns amid crisis management.
One of Europe's largest GDP contractions on record.
GDP, Government Revenue (% of GDP), Tax Revenue as a Percentage of GDP, Government Health Expenditure (% of GDP)
No community estimates yet for Government Expenditure (% of GDP) — be the first.