24Peaks / Europe / Italy / Gross Operating Balance (% of GDP)

Italy - Gross Operating Balance (% of GDP) 0.17

IMF GFS (accrual) · updated 2026-10-03 · 102 economies tracked

Latest value

0.17 (2024)

Global rank

##46 of 102 economies

Share of global total

0.1%

Growth since 2017

-0.45×

Ranking Race — Gross Operating Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#16#31#46#61#76#91201720222025#79#462023 overtook Kiribati2024 overtook Bulgaria
ItalyCanadaTürkiyeNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Italy climbed from #79 to #46 (overtook Kiribati). 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.

2023
Overtook Kiribati in global rank auto
2024
Overtook Bulgaria in global rank auto
2024
Climbed 38 places in global rank auto

Gross Operating Balance (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-6.67-4.17-1.680.82

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