24Peaks / Europe / Italy / Government Financial Assets (% of GDP)

Italy - Government Financial Assets (% of GDP) 24.79

IMF Government Finance Statistics · updated 2026-10-03 · 70 economies tracked

Latest value

24.79 (2024)

Global rank

##41 of 70 economies

Share of global total

0.9%

Growth since 1995

1.11×

Ranking Race — Government Financial Assets (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#5519901995200020052010201520202025#9#412019 overtook Malta2024 overtook Kazakhstan
ItalyCanadaNew ZealandUnited StatesTürkiye

Real annual global ranks, 1990 - 2025. Italy climbed from #9 to #41 (overtook Malta). Gaps in a lane = missing data that year.

Key events for Italy ↓

Key Events — Italy

Auto-detected from rank data + curated milestones

1992
Lira crisis curated

Lira leaves the ERM amid a European exchange-rate turmoil.

1999
Euro adoption curated

Italy joins the single currency as a founding member.

2011
Sovereign debt crisis curated

Bond yields spike; Berlusconi resigns amid crisis management.

2019
Overtook Malta in global rank auto
2020
COVID-19 shock curated

One of Europe's largest GDP contractions on record.

2024
Overtook Kazakhstan in global rank auto

Government Financial Assets (% of GDP), 1995-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
199520052015202421.4824.928.3131.73
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