Italy recorded a government budget surplus of 27.41 EUR Billion in December of 2018. Government Budget Value in Italy averaged -4.38 EUR Billion from 1980 until 2018, reaching an all time high of 27.41 EUR Billion in December of 2018 and a record low of -43.39 EUR Billion in October of 2009.
Government Budget Value in Italy is expected to be -10.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Italy to stand at -5.80 in 12 months time. In the long-term, the Italy Government Budget Value is projected to trend around -4.90 EUR Billion in 2020, according to our econometric models.