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Italy Government Budget: Revenues and Spending

Italy Government Budget Data

Indicator Data Period
Government Budget Value -17.53 EUR Billion | -18.473 B USD Sep/22
Government Spending 80254 EUR Million | 84.573 B USD 3Q/22
Government Revenues 45.06 EUR Billion | 47.485 B USD Sep/22
Government Budget to GDP -7.2 % 2021
Government Spending to GDP 55.5 % 2021


Latest data on Government Budget Value (EUR Billion)

Government Budget Value
                     Italy - Historical Data (EUR Billion)

How much is Italy Government Budget?

  • The surplus of government budget in Italy decreased to 17.53 EUR Billion (18.473 B USD) in September 2022. The maximum surplus was 27.41 EUR Billion and deficit was -48.99 EUR Billion.
  • Data published Monthly by Central Bank.

Historical Data (EUR Billion) by years

Data
Period
Date
-17.53 Sep/22 19.11.2022
10.76 Aug/22 15.10.2022
15.17 Jul/22 17.09.2022
-10.12 Jun/22 25.08.2022
3.64 May/22 16.07.2022
-12.84 Apr/22 18.06.2022
-93.97 Mar/22 21.05.2022
-5.37 Feb/22 16.04.2022


Historical Chart by prime ministers (EUR Billion)

Government Budget Value in Italy by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giuseppe Conte 01.06.2018 - -0.5300 -0.5300 -0.5300 -0.5300 0.00%
Paolo Gentiloni 12.12.2016 - 01.06.2018 3.4200 -0.3500 17.3500 -35.2000 -110.23%
Matteo Renzi 22.02.2014 - 12.12.2016 -19.2900 -21.6900 23.7600 -31.8900 12.44%
Enrico Letta 28.04.2013 - 22.02.2014 -13.9800 13.5900 19.3300 -37.5000 -197.21%
Mario Monti 16.11.2011 - 28.04.2013 -19.5300 -16.0300 13.9100 -35.6400 -17.92%
Silvio Berlusconi (2) 06.05.2008 - 16.11.2011 -12.6500 -0.1300 19.2200 -43.3900 -98.97%
Romano Prodi (2) 17.05.2006 - 08.05.2008 -5.6500 -3.1200 14.1600 -30.8100 -44.78%
Silvio Berlusconi 11.06.2001 - 17.05.2006 -8.6000 -0.0900 8.7900 -16.8200 -98.95%
Giuliano Amato 25.04.2000 - 11.06.2001 -19.2700 -0.4500 12.9500 -19.2700 -97.66%
Massimo D'Alema 21.10.1998 - 25.04.2000 -14.3300 -3.8100 11.1100 -15.3000 -73.41%
Romano Prodi 17.05.1996 - 21.10.1998 1.1900 -8.6100 13.1200 -24.9800 -823.53%


Latest data on Government Spending (EUR Million)

Government Spending
                     Italy - Historical Data (EUR Million)

What is current Italy Government Spending?

  • Government Spending in Italy increased to 80254 EUR Million (84.573 B USD) in the third quarter of 2022. The maximum volume was 84649 EUR Million and minimum was 60996 EUR Million
  • Data published Quarterly by National Institute of Statistics.

Historical Data (EUR Million) by years

Data
Period
Date
80254 3Q/22 03.12.2022
80126 2Q/22 03.09.2022
80285 1Q/22 04.06.2022
80730 4Q/21 05.03.2022
81386 3Q/21 18.01.2022
80422 2Q/21 31.08.2021
81424 1Q/21 01.06.2021
81502 4Q/20 03.03.2021


Historical Chart by prime ministers (EUR Million)

Government Spending in Italy by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giuseppe Conte 01.06.2018 - 78641.0000 78641.0000 78641.0000 78641.0000 0.00%
Paolo Gentiloni 12.12.2016 - 01.06.2018 78685.1000 78605.1000 79135.2000 78605.1000 -0.10%
Matteo Renzi 22.02.2014 - 12.12.2016 78664.1000 78204.3000 78664.1000 77829.1000 -0.58%
Enrico Letta 28.04.2013 - 22.02.2014 79510.8000 78820.5000 79510.8000 78760.5000 -0.87%
Mario Monti 16.11.2011 - 28.04.2013 80295.2000 79189.5000 80295.2000 78656.1000 -1.38%
Silvio Berlusconi (2) 06.05.2008 - 16.11.2011 82007.0000 79922.6000 82371.7000 79922.6000 -2.54%
Romano Prodi (2) 17.05.2006 - 08.05.2008 80313.3000 80582.2000 81194.6000 79773.8000 0.33%
Silvio Berlusconi 11.06.2001 - 17.05.2006 76511.3000 79890.3000 80965.3000 76511.3000 4.42%
Giuliano Amato 25.04.2000 - 11.06.2001 73230.7000 76134.0000 76134.0000 73230.7000 3.96%
Massimo D'Alema 21.10.1998 - 25.04.2000 71114.8000 72937.2000 72937.2000 71114.8000 2.56%
Romano Prodi 17.05.1996 - 21.10.1998 69404.3000 70893.3000 70893.3000 69404.3000 2.15%


Latest data on Government Revenues (EUR Billion)

Government Revenues
                     Italy - Historical Data (EUR Billion)

How much is Italy Government Revenue?

  • Government Revenues in Italy decreased to 45.06 EUR Billion (47.485 B USD) in September 2022. The maximum volume was 105 EUR Billion and minimum was 2.6 EUR Billion
  • Data published Monthly by Central Bank.

Historical Data (EUR Billion) by years

Data
Period
Date
45.06 Sep/22 19.11.2022
56.32 Aug/22 15.10.2022
64.65 Jul/22 17.09.2022
43.76 Jun/22 25.08.2022
41.29 May/22 16.07.2022
51.86 Apr/22 18.06.2022
36.24 Mar/22 21.05.2022
41.86 Feb/22 16.04.2022


Historical Chart by prime ministers (EUR Billion)

Government Revenues in Italy by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giuseppe Conte 01.06.2018 - 36.8900 36.8900 36.8900 36.8900 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Italy - Historical Data (%)

What is the deficit of Italy Government Budget?

  • The deficit of Current Account to GDP in Italy increased to 7.2 % in 2021. The maximum surplus was -1.3 % and deficit was -9.5 %.
  • Data published Yearly by National Institute of Statistics.

Historical Data (%) by years

Data
Period
Date
-7.2 2021 01.03.2022
-9.5 2020 01.03.2021
-1.6 2019 02.03.2020
-2.2 2018 04.07.2019


Historical Chart by prime ministers (%)

Government Budget to GDP in Italy by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Government Spending to GDP (%)

Government Spending to GDP
                     Italy - Historical Data (%)

What is Italy government spending ratio to GDP?

  • Government Spending to GDP in Italy decreased to 55.5 % in 2021. The maximum level was 57.3 % and minimum was 46.5 %.
  • Data published Yearly by Eurostat.

Historical Data (%) by years

Data
Period
Date
55.5 2021 20.07.2022
57.3 2020 17.05.2021
48.7 2019 22.04.2020
48.6 2018 04.07.2019


Historical Chart by prime ministers (%)

Government Spending to GDP in Italy by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Italy

Index Updated Actual Previous
Government Debt to GDP 2021 151 % 155
Government Budget Value Sep/22 -18.473 B USD 11.339
Fiscal Expenditure  Sep/22 65.969 B USD 48.012
Military Expenditure 2021 32.006 B USD 28.921

Government Budget to GDP in other countries

Country Updated Actual Previous
Austria 2021 -5.9 % -8
Ireland 2021 -0.1 % -5.1
Luxembourg 2021 0.8 % -3.4
Spain 2021 -6.9 % -10.3
Iceland 2021 -8.9 % -8.7
Norway 2021 9.1 % -2.6
Belarus 2021 -0.3 % -1.3
Belgium 2021 -5.5 % -9
Bulgaria 2021 -4.1 % -4
Croatia 2021 -2.9 % -7.3
Cyprus 2021 -1.7 % -5.8
Czech Republic 2021 -5.9 % -5.8
Denmark 2021 3.6 % 0.2
Estonia 2021 -2.4 % -5.6
Euro Area 2021 -5.1 % -7.1
Finland 2021 -2.7 % -5.5
France 2021 -6.5 % -8.9
Germany 2021 -3.7 % -4.3
Greece 2021 -7.4 % -10.2
Hungary 2021 -6.8 % -7.8
Italy 2021 -7.2 % -9.6
Latvia 2021 -7.3 % -4.5
Lithuania 2021 -1 % -7.3
Macedonia 2021 -5.4 % -8.1
Malta 2021 -8 % -9.5
Moldova 2021 -1.9 % -5.3
Montenegro 2021 -2.03 % -10.1
Netherlands 2021 -2.6 % -3.7
Poland 2021 -1.9 % -6.9
Portugal 2021 -2.8 % -5.8
Romania 2021 -7.1 % -9.3
Russia 2021 0.8 % -4
Serbia 2021 -4.6 % -8.3
Slovakia 2021 -6.2 % -5.5
Slovenia 2021 -5.2 % -7.8
Sweden 2021 -0.2 % -2.7
Switzerland 2021 -0.7 % -3.2
Turkey 2021 -2.7 % -3.5
Ukraine 2021 -3.4 % -5.3
United Kingdom 2021 -5.7 % -15
Albania 2021 -4.8 % -6.8
Bosnia and Herzegovina 2021 -0.3 % -5.3
Kosovo 2021 -0.9 % -9.9