Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Transparency in public procurement
Public procurement in Italy has undergone significant change in recent years. A new public procurement code has been introduced with sector-specific regulations and e-procurement platforms have seen increased use.
Quality of land administration
The Italian Revenue Agency provides land and property information services free of charge to access property information including ownership rights. This data is maintained by local councils and is used to determine local property taxes.
Procurement of PPPs
Italy’s procurement processes are fair, transparent and encourage competition. Public procurement notices are posted online and companies receive a minimum of 35 days to submit bids. Shortlisting criteria are published, as are the results of the procurement process.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Procurement:
Transparency in public procurement
Permits:
Quality of land administration
Procurement:
Procurement of PPPs
Opportunities to Grow
Gross government debt
At 133% of GDP, Italy's gross government debt is the third largest among High Income Countries. However, around two-thirds is domestic debt. Prior to Covid-19, as Italy reduced its budget deficit, the EU Commission considered Italy's debt to GDP ratio to be stable. Nevertheless, given the impacts of the COVID-19 pandemic, the cost of servicing debt may be a significant burden on Italy's ability to invest in new infrastructure.
Long term GDP growth trend
Italy's real GDP per capita has fallen almost 19% since the Global Financial Crisis. Italy's poor economic performance has been driven by negative labour productivity growth, high levels of government debt and challenging economic conditions globally. This is likely to be exacerbated by the impact of COVID-19.
Effect of taxation on incentives to invest
According to the World Economic Forum, Italy scores 16.2 on the extent to which taxes reduce the incentive to invest. This is below the High Income Countries’ average score of 47.3. A low score could discourage investment and affect the competitiveness of the market.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Funding capacity:
Gross government debt
Funding capacity:
Long term GDP growth trend
Regulatory frameworks:
Effect of taxation on incentives to invest
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Italy
High Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
35,473 USD
Population59.2 million persons
84.1 (0-100 best)
Infrastructure investment2.5% of GDP
Infrastructure gap0.6% of GDP
1,989 USD billion
GDP growth rate0.0%
GDP per capita growth rate-4.0%
Gini coefficient35.4 (0-100 worst)
Gross Government Debt133.0% of GDP
Inflation rate0.7%
Summary credit rating62.0 (0-100 best)
Unemployment rate9.2%
Urbanisation ratio70.0% of total population
Road connectivity85.9 (0-100 best)
4.4 (1-7 best)
Efficiency of train services4.1 (1-7 best)
Efficiency of air transport services4.9 (1-7 best)
Efficiency of seaport services4.7 (1-7 best)
Electricity access100.0% of population
Electricity supply quality5.7% of output lost
Exposure to unsafe drinking water0.5% of population
Reliability of water supply5.9 (1-7 best)
Digital Adoption Index0.8 (0-1 best)
Mobile-broadband subscriptions94.5 per 100 population
Fixed-broadband Internet subscriptions28.0 per 100 population