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

Italy - Net Operating Balance (% of GDP) -2.48

IMF GFS (accrual) · updated 2026-10-03 · 67 economies tracked

Latest value

-2.48 (2024)

Global rank

##37 of 67 economies

Share of global total

10.2%

Growth since 2017

0.78×

Ranking Race — Net Operating Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#48#372022 overtook United Kingdom2024 overtook Austria
ItalyTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Italy climbed from #48 to #37 (overtook United Kingdom). 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.

2022
Overtook United Kingdom in global rank auto
2024
Overtook Austria in global rank auto
2024
Climbed 19 places in global rank auto

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

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-9.64-7.06-4.48-1.9

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