Fiscal Expenditure in Italy increased to 65.34 EUR Billion in May from 61.36 EUR Billion in April of 2021. source: Banca d'Italia

Fiscal Expenditure in Italy averaged 31.64 EUR Billion from 1980 until 2021, reaching an all time high of 132.85 EUR Billion in December of 2020 and a record low of 1.78 EUR Billion in January of 1980. This page provides - Italy Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Fiscal Expenditure - values, historical data and charts - was last updated on August of 2021.

Fiscal Expenditure in Italy is expected to be 56.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Italy to stand at 59.00 in 12 months time. In the long-term, the Italy Fiscal Expenditure is projected to trend around 119.00 EUR Billion in 2022 and 110.00 EUR Billion in 2023, according to our econometric models.

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Italy Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
65.34 61.36 132.85 1.78 1980 - 2021 EUR Billion Monthly
Current Prices, NSA

Italy Government Last Previous Highest Lowest Unit
Government Debt to GDP 155.80 134.60 155.80 90.50 percent of GDP [+]
Government Budget -9.50 -1.60 -1.30 -9.50 percent of GDP [+]
Government Budget Value -25.64 -17.06 27.41 -48.99 EUR Billion [+]
Government Spending 81423.70 81619.60 84649.30 60996.40 EUR Million [+]
Government Spending to GDP 57.30 48.60 57.30 46.50 percent of GDP [+]
Government Revenues 39.70 44.30 104.65 2.60 EUR Billion [+]
Government Debt 2686811.20 2680469.30 2686811.20 1320.50 EUR Million [+]
Fiscal Expenditure 65.34 61.36 132.85 1.78 EUR Billion [+]
Military Expenditure 28370.00 26381.00 33838.00 5588.00 USD Million [+]
Credit Rating 61.00 [+]
Asylum Applications 2415.00 2695.00 13510.00 120.00 persons [+]

Italy Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.