Italy recorded a budget deficit of 3.1% of GDP in 2025, it's lowest since 2019, to extend the trend of consolidating finances that are slowly driving markets to regain confidence in the Italian fiscal trajectory. The result included a second consecutive primary balance in the Italian account, rising by 0.2 percentage points to 0.7% of the GDP. source: National Institute of Statistics (ISTAT)
Italy recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2025. Government Budget in Italy averaged -3.90 percent of GDP from 1995 until 2025, reaching an all time high of -1.30 percent of GDP in 2007 and a record low of -9.40 percent of GDP in 2020. 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 March of 2026.
Italy recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2025. Government Budget in Italy is expected to reach -2.80 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Government Budget is projected to trend around -2.60 percent of GDP in 2027 and -2.40 percent of GDP in 2028, according to our econometric models.