Italy recorded a government budget deficit of 14.04 EUR Billion in May of 2020.
Government Budget Value in Italy averaged -4.55 EUR Billion from 1980 until 2020, reaching an all time high of 27.41 EUR Billion in December of 2018 and a record low of -48.99 EUR Billion in March of 2020. 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 - values, historical data and charts - was last updated on August of 2020. source: Banca d'Italia
Government Budget Value in Italy is expected to be -19.00 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 -4.00 in 12 months time. In the long-term, the Italy Government Budget Value is projected to trend around -15.00 EUR Billion in 2021 and -6.00 EUR Billion in 2022, according to our econometric models.