24Peaks / Europe / Italy / Primary Balance (% of GDP)

Italy - Primary Balance (% of GDP) 0.63

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

Latest value

0.63 (2024)

Global rank

##28 of 102 economies

Share of global total

1.8%

Growth since 2017

0.44×

Ranking Race — Primary Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#17#33#49#65#81201720222025#40#282023 overtook Philippines2024 overtook Türkiye
ItalyTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Italy climbed from #40 to #28 (overtook Philippines). Gaps in a lane = missing data that year.

Key events for Italy ↓

Key Events — Italy

Auto-detected from rank data + curated milestones

2020
Fell 32 places in global rank auto
2020
COVID-19 shock curated

One of Europe's largest GDP contractions on record.

2023
Overtook Philippines in global rank auto
2024
Overtook Türkiye in global rank auto
2024
Climbed 51 places in global rank auto

Primary Balance (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-5.76-3.15-0.532.08

Explore

Related indicators

Community estimates

No community estimates yet for Primary Balance (% of GDP) — be the first.

Add your estimate

Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.