24Peaks / Europe / Italy / Subsidies (% of GDP)

Italy - Subsidies (% of GDP) 1.67

IMF GFS (accrual) · updated 2026-10-03 · 103 economies tracked

Latest value

1.67 (2024)

Global rank

##24 of 103 economies

Share of global total

1.5%

Growth since 2017

1.02×

Ranking Race — Subsidies (% of GDP)

1 = global #1 · higher value ranks higher

#1#14#27#40#53#66#79201720222025#19#242022 overtook Belarus2024 overtook Türkiye
ItalyTürkiyeCanadaNew ZealandMauritius

Real annual global ranks, 2017 - 2025. Italy climbed from #19 to #24 (overtook Belarus). Gaps in a lane = missing data that year.

Key events for Italy ↓

Key Events — Italy

Auto-detected from rank data + curated milestones

2020
Fell 22 places in global rank auto
2020
COVID-19 shock curated

One of Europe's largest GDP contractions on record.

2022
Overtook Belarus in global rank auto
2022
Climbed 15 places in global rank auto
2024
Overtook Türkiye in global rank auto

Subsidies (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
2017202220241.641.862.082.3
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