Government Spending in Italy increased to 80209 EUR Million in the third quarter of 2019 from 80127 EUR Million in the second quarter of 2019. Government Spending in Italy averaged 76659.28 EUR Million from 1991 until 2019, reaching an all time high of 84635.30 EUR Million in the third quarter of 2010 and a record low of 60996.40 EUR Million in the third quarter of 1995. source: National Institute of Statistics (ISTAT)

Government Spending in Italy is expected to be 80108.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Italy to stand at 80450.00 in 12 months time. In the long-term, the Italy Government Spending is projected to trend around 81742.00 EUR Million in 2020, according to our econometric models.

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Italy Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
80209.00 80127.00 84635.30 60996.40 1991 - 2019 EUR Million Quarterly
Constant Prices 2010, SA

Italy Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Italy Government Last Previous Highest Lowest Unit
Government Debt to GDP 134.80 134.10 135.30 90.50 percent [+]
Government Budget -2.20 -2.40 -1.50 -7.30 percent of GDP [+]
Government Budget Value -13.68 1.93 27.41 -43.39 EUR Billion [+]
Government Spending 80209.00 80127.00 84635.30 60996.40 EUR Million [+]
Government Spending to GDP 48.60 48.90 56.00 46.60 percent [+]
Government Revenues 47.32 41.73 104.65 2.60 EUR Billion [+]
Government Debt 2444610.20 2446769.00 2462572.70 1320.50 EUR Million [+]
Fiscal Expenditure 60.99 39.80 108.58 1.78 EUR Billion [+]
Credit Rating 62.00 [+]
Military Expenditure 26082.00 26448.00 33326.00 5504.00 USD Million [+]
Asylum Applications 3875.00 2995.00 13510.00 515.00 persons [+]