Government spending in Italy was last recorded at 55.5 percent of GDP in 2021 . source: EUROSTAT
Government Spending to GDP in Italy averaged 50.09 percent of GDP from 1990 until 2021, reaching an all time high of 57 percent of GDP in 2020 and a record low of 46.50 percent of GDP in 2000. This page provides the latest reported value for - Italy Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Government Spending to GDP - values, historical data and charts - was last updated on February of 2023.
Government Spending to GDP in Italy is expected to reach 53.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Government Spending to GDP is projected to trend around 51.00 percent of GDP in 2023, according to our econometric models.