In 1999 Italy was 7th, in 2017 it was 9th (world bank placing) India and Brazil overtook it thanks to massive growth. That's not a problem for Italy directly.

In 1999 Italy was 7th, in 2017 it was 9th (world bank placing) India and Brazil overtook it thanks to massive growth. That's not a problem for Italy directly. The US has changed from 29% of the world economy to 24% over the same period. Relative numbers are slightly more concerning though. Since 1999, Italy's gone from 3.8% of the economy to 2.3%, a much larger drop than the U.S. In 1999 Italy's GDP was 56% that of Germany. In 2017 it was 52%. France moves 81% to 75% US moved from 13% to 10% Italy was 96% larger than Spain in 1999, now it's only 48%. It was 81% larger than Canada, now it's only 17%.