Italy recorded a Government Budget deficit equal to 1.60 percent of the country's Gross Domestic Product in 2019. source: National Institute of Statistics (ISTAT)

Government Budget in Italy averaged -3.25 percent of GDP from 1995 until 2019, reaching an all time high of -1.30 percent of GDP in 2007 and a record low of -7.20 percent of GDP in 1995. This page provides the latest reported value for - Italy Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Government Budget - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Government Budget in Italy is expected to reach -10.60 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Government Budget is projected to trend around -5.80 percent of GDP in 2021 and -3.10 percent of GDP in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Italy Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -2.20 -1.30 -7.20 1995 - 2019 percent of GDP Yearly


Calendar GMT Actual Previous Consensus TEForecast
2019-03-01 10:00 AM 2018 -2.1% -2.4% -2.6%
2020-03-02 10:00 AM 2019 -1.6% -2.2% -2.6%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


Italy Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.