Italy Government Budget: Revenues and Spending
Italy Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | -7.97 EUR Billion | -8.455 B USD | Jul/23 |
| Government Spending | 80662 EUR Million | 85.574 B USD | 2Q/23 |
| Government Revenues | 75.52 EUR Billion | 80.119 B USD | Jul/23 |
| Government Budget to GDP | -8 % | 2022 |
| Government Spending to GDP | 56.7 % | 2022 |
Latest data on Government Budget Value (EUR Billion)
How much is Italy Government Budget?
- The deficit of government budget in Italy increased to 7.97 EUR Billion (8.455 B USD) in July 2023. 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
| -7.97 | Jul/23 | 16.09.2023 |
| -15.44 | Jun/23 | 17.08.2023 |
| -39.59 | May/23 | 15.07.2023 |
| -33.17 | Apr/23 | 17.06.2023 |
| -60.83 | Mar/23 | 19.05.2023 |
| -2.68 | Feb/23 | 15.04.2023 |
| 24.72 | Jan/23 | 18.03.2023 |
| -44.05 | Dec/22 | 18.02.2023 |
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)
What is current Italy Government Spending?
- Government Spending in Italy decreased to 80662 EUR Million (85.574 B USD) in the second quarter of 2023. 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
| 80662 | 2Q/23 | 06.09.2023 |
| 81294 | 1Q/23 | 31.05.2023 |
| 80306 | 4Q/22 | 04.03.2023 |
| 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 |
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)
How much is Italy Government Revenue?
- Government Revenues in Italy increased to 75.52 EUR Billion (80.119 B USD) in July 2023. 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
| 75.52 | Jul/23 | 16.09.2023 |
| 45.88 | Jun/23 | 17.08.2023 |
| 43.01 | May/23 | 15.07.2023 |
| 43.86 | Apr/23 | 17.06.2023 |
| 37.46 | Mar/23 | 19.05.2023 |
| 37.4 | Feb/23 | 15.04.2023 |
| 47.07 | Jan/23 | 18.03.2023 |
| 107 | Dec/22 | 18.02.2023 |
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 (%)
What is the deficit of Italy Government Budget?
- The deficit of Current Account to GDP in Italy increased to 8 % in 2022. 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
| -8 | 2022 | 01.03.2023 |
| -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 (%)
What is Italy government spending ratio to GDP?
- Government Spending to GDP in Italy decreased to 56.7 % in 2022. The maximum level was 57.3 % and minimum was 46.5 %.
- Data published Yearly by Eurostat.
Historical Data (%) by years
Data
Period
Date
| 56.7 | 2022 | 21.04.2023 |
| 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 | 2022 | 145 % | 150 |
| Government Budget Value | Jul/23 | -8.455 B USD | -16.38 |
| Fiscal Expenditure | Jul/23 | 88.574 B USD | 65.054 |
| Military Expenditure | 2022 | 33.49 B USD | 36.249 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2022 | -3.2 % | -5.8 |
| Ireland | 2022 | 1.6 % | -1.6 |
| Luxembourg | 2022 | 0.2 % | 0.7 |
| Spain | 2022 | -4.8 % | -6.9 |
| Iceland | 2022 | -4.3 % | -8.4 |
| Norway | 2022 | 26 % | 10.6 |
| Belarus | 2021 | -0.3 % | -1.3 |
| Belgium | 2022 | -3.9 % | -5.5 |
| Bulgaria | 2022 | -2.8 % | -3.9 |
| Croatia | 2022 | 0.4 % | -2.5 |
| Cyprus | 2022 | 2.1 % | -2 |
| Czech Republic | 2022 | -3.2 % | -5.1 |
| Denmark | 2022 | 3.3 % | 3.6 |
| Estonia | 2022 | -0.9 % | -2.4 |
| Euro Area | 2022 | -3.6 % | -5.3 |
| Finland | 2022 | -0.9 % | -2.8 |
| France | 2022 | -4.7 % | -6.5 |
| Germany | 2022 | -2.6 % | -3.7 |
| Greece | 2022 | -2.3 % | -7.1 |
| Hungary | 2022 | -6.2 % | -7.1 |
| Italy | 2022 | -8 % | -9 |
| Latvia | 2022 | -4.4 % | -7.1 |
| Lithuania | 2022 | -0.6 % | -1.2 |
| Macedonia | 2022 | -4.1 % | -5.4 |
| Malta | 2022 | -5.8 % | -7.8 |
| Moldova | 2022 | -3.3 % | -2.6 |
| Montenegro | 2022 | -4.6 % | -1.7 |
| Netherlands | 2022 | 0 % | -2.4 |
| Poland | 2022 | -3.7 % | -1.8 |
| Portugal | 2022 | -0.4 % | -2.9 |
| Romania | 2022 | -5.8 % | -7.1 |
| Russia | 2022 | -2.3 % | 0.8 |
| Serbia | 2022 | -3.3 % | -4.6 |
| Slovakia | 2022 | -2 % | -5.4 |
| Slovenia | 2022 | -3 % | -4.6 |
| Sweden | 2022 | 0.7 % | 0 |
| Switzerland | 2022 | 1 % | -0.3 |
| Turkey | 2022 | -0.9 % | -2.8 |
| Ukraine | 2022 | -16.3 % | -3.4 |
| United Kingdom | 2022 | -5.5 % | -5.2 |
| Albania | 2022 | -3.8 % | -4.5 |
| Bosnia and Herzegovina | 2022 | -0.4 % | -0.3 |
| Kosovo | 2021 | -0.9 % | -7.6 |
