World Bank WITS · updated 2026-10-03 · 167 economies tracked
216 (2023)
##30 of 167 economies
0.9%
1.06×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1988 - 2023. Italy climbed from #5 to #30 (overtook Turkiye). 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.
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