Italy recorded a government budget deficit of 33.82 EUR Billion in September of 2018. Government Budget Value in Italy averaged -4.44 EUR Billion from 1980 until 2018, reaching an all time high of 23.76 EUR Billion in January of 2016 and a record low of -43.39 EUR Billion in October of 2009.

Government Budget Value in Italy is expected to be -6.80 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 3.80 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.

Italy Government Budget Value
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Italy Government Last Previous Highest Lowest Unit
Government Debt to GDP 131.80 132.00 132.00 90.50 percent [+]
Government Budget -2.30 -2.50 -1.50 -7.30 percent of GDP [+]
Government Budget Value -33.82 16.55 23.76 -43.39 EUR Billion [+]
Government Spending 78350.00 78386.00 82372.80 60996.40 EUR Million [+]
Government Spending to GDP 48.90 49.30 56.00 46.60 percent [+]
Government Revenues 29.59 45.50 102.33 2.60 EUR Billion [+]
Government Debt 2331254.00 2326545.80 2341685.80 1320.50 EUR Million [+]
Fiscal Expenditure 63.41 28.94 108.58 1.78 EUR Billion [+]
Military Expenditure 28416.60 28205.80 36559.50 6035.20 USD Million [+]
Credit Rating 59.92 [+]
Asylum Applications 4810.00 4715.00 13510.00 515.00 persons [+]


Italy Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Italy Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Government Budget Value - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-33.82 16.55 23.76 -43.39 1980 - 2018 EUR Billion Monthly
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Country Last Previous
Argentina -16585.90 Oct/18
Australia 999.00 Oct/18
Brazil -6107.00 Oct/18
Canada -1356.00 Sep/18
China -357.10 Sep/18
France -86.98 Oct/18
Germany 36.06 Jun/18
India -6485.83 Oct/18
Indonesia -347356.70 Dec/17
Italy -33.82 Sep/18
Japan -113831.00 Jun/18
Mexico 35850.40 Oct/18
Netherlands -8.90 Sep/18
Russia 3022.14 Oct/18
Saudi Arabia -238494.00 Dec/17
Singapore 1826.60 Sep/18
South Africa -37930.00 Oct/18
South Korea 14031.00 Sep/18
Spain -8384.00 Oct/18
Switzerland 1373.00 Dec/18
Turkey -8515327.00 Oct/18
United Kingdom -3357.00 Oct/18
United States -100000.00 Oct/18


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