24Peaks / Europe / Italy / R-D Expenditure and Patent Applications

Italy - R-D Expenditure and Patent Applications 1.38

World Bank WDI · updated 2026-10-15 · 156 economies tracked

Latest value

1.38 (2023)

Global rank

##32 of 156 economies

Share of global total

1.3%

Growth since 1996

1.47×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#21#322016 overtook Canada2022 overtook Poland
ItalyCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Italy climbed from #21 to #32 (overtook Canada). Gaps in a lane = missing data that year.

Key events for Italy ↓

Key Events — Italy

Auto-detected from rank data + curated milestones

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.

2016
Overtook Canada in global rank auto
2020
COVID-19 shock curated

One of Europe's largest GDP contractions on record.

2022
Overtook Poland in global rank auto

R-D Expenditure and Patent Applications, 1996-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620230.941.131.311.5

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