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Italy Government Budget: Revenues and Spending

Italy Government Budget Data

Indicator Data Period
Government Budget Value -17.06 EUR Billion | -20.241 B USD Apr/21
Government Spending 81424 EUR Million | 96.604 B USD 1Q/21
Government Revenues 44.3 EUR Billion | 52.559 B USD Apr/21
Government Budget to GDP -9.5 % 2020
Government Spending to GDP 57.3 % 2020


Latest data on Government Budget Value (EUR Billion)

Government Budget Value
                     Italy - Historical Data (EUR Billion)

How much is Italy Government Budget?

  • The deficit of government budget in Italy increased to 17.06 EUR Billion (20.241 B USD) in April 2021. 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
-17.06 Apr/21 19.06.2021
-23.81 Mar/21 15.05.2021
-38.03 Feb/21 17.04.2021
12.59 Jan/21 20.03.2021
-45.93 Dec/20 20.02.2021
-44.75 Nov/20 16.01.2021
-1.04 Oct/20 19.12.2020
-19.97 Sep/20 21.11.2020


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 decreased to 81424 EUR Million (96.604 B USD) in the first quarter of 2021. 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
81424 1Q/21 01.06.2021
81502 4Q/20 03.03.2021
79462 3Q/20 05.12.2020
78918 2Q/20 31.08.2020
79038 1Q/20 30.05.2020
79223 4Q/19 04.03.2020
80209 3Q/19 29.11.2019
78508 2Q/19 29.10.2019


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 increased to 44.3 EUR Billion (52.559 B USD) in April 2021. 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
44.3 Apr/21 19.06.2021
33.69 Mar/21 15.05.2021
31.55 Feb/21 17.04.2021
38.84 Jan/21 20.03.2021
86.92 Dec/20 20.02.2021
47.31 Nov/20 16.01.2021
36.74 Oct/20 19.12.2020
31.98 Sep/20 21.11.2020


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 decreased to 9.5 % in 2020. 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
-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 increased to 57.3 % in 2020. The maximum level was 57.3 % and minimum was 46.5 %.
  • Data published Yearly by Eurostat.

Historical Data (%) by years

Data
Period
Date
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 2020 156 % 135
Government Budget Value Apr/21 -20.241 B USD -28.249
Fiscal Expenditure  Apr/21 72.8 B USD 68.22
Military Expenditure 2020 28.37 B USD 26.381

Government Budget to GDP in other countries

Country Updated Actual Previous
Austria 2020 -8.9 % 0.6
Ireland 2020 -5 % 0.5
Luxembourg 2020 -4.1 % 2.4
Spain 2020 -11 % -2.9
Iceland 2020 -7.3 % -1.5
Norway 2019 6.4 % 7.8
Belarus 2020 -2.6 % 2.3
Belgium 2020 -9.4 % -1.9
Bulgaria 2020 -3.4 % 2.1
Croatia 2020 -7.4 % 0.3
Cyprus 2020 -5.7 % 1.5
Czech Republic 2020 -6.2 % 0.3
Denmark 2020 -1.1 % 3.8
Estonia 2020 -4.9 % 0.1
Euro Area 2020 -7.2 % -0.6
Finland 2020 -5.4 % -0.9
France 2020 -9.2 % -3.1
Germany 2020 -4.2 % 1.5
Greece 2020 -9.7 % 1.1
Hungary 2020 -8.1 % -2.1
Italy 2020 -9.5 % -1.6
Latvia 2020 -4.5 % -0.6
Lithuania 2020 -7.4 % 0.5
Macedonia 2019 -2 % -1.7
Malta 2020 -10.1 % 0.4
Moldova 2019 -1.4 % -0.8
Montenegro 2019 -2 % -4.6
Netherlands 2020 -4.3 % 1.8
Poland 2020 -7 % -0.7
Portugal 2020 -5.7 % 0.1
Romania 2020 -9.2 % -4.4
Russia 2020 -3.8 % 1.8
Serbia 2019 0.2 % 0.6
Slovakia 2020 -6.2 % -1.3
Slovenia 2020 -8.4 % 0.4
Sweden 2020 -3.1 % 0.6
Switzerland 2020 -2.6 % 1.4
Turkey 2020 -3.4 % -2.9
Ukraine 2019 -2.1 % -1.9
United Kingdom 2021 -16.9 % -2.6
Albania 2019 -1.9 % -1.6
Bosnia and Herzegovina 2019 1.9 % 2.2
Kosovo 2019 -0.3 % -2.5