Italy recorded a government budget surplus of 7.80 EUR Billion in June of 2019. Government Budget Value in Italy averaged -4.40 EUR Billion from 1980 until 2019, reaching an all time high of 27.41 EUR Billion in December of 2018 and a record low of -43.39 EUR Billion in October of 2009.

Government Budget Value in Italy is expected to be 3.80 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 -10.90 in 12 months time. In the long-term, the Italy Government Budget Value is projected to trend around -5.90 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 132.20 131.40 132.20 90.50 percent [+]
Government Budget -2.10 -2.40 -1.50 -7.30 percent of GDP [+]
Government Budget Value 7.80 10.44 27.41 -43.39 EUR Billion [+]
Government Spending 78508.00 78572.00 82355.10 60996.40 EUR Million [+]
Government Spending to GDP 48.60 48.90 56.00 46.60 percent [+]
Government Revenues 37.34 37.34 104.65 2.60 EUR Billion [+]
Government Debt 2386196.60 2364663.30 2386196.60 1320.50 EUR Million [+]
Fiscal Expenditure 29.54 26.91 108.58 1.78 EUR Billion [+]
Military Expenditure 26082.00 26448.00 33326.00 5504.00 USD Million [+]
Credit Rating 59.92 [+]
Asylum Applications 2825.00 3105.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.80 10.44 27.41 -43.39 1980 - 2019 EUR Billion Monthly
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Country Last Previous
Argentina 4292.80 Jul/19
Australia 13326.00 May/19
Brazil -30263.00 Jul/19
Canada 958.00 Jun/19
China 45.60 Jul/19
France -109.70 Jul/19
Germany 7.47 Mar/19
India -5476.05 Jul/19
Indonesia -259900.00 Dec/18
Italy 7.80 Jun/19
Japan 72556.00 Mar/19
Mexico -33152.20 Jul/19
Netherlands 17.00 Mar/19
Russia 2560.62 Aug/19
Saudi Arabia -135704.00 Dec/18
Singapore 761.60 Jul/19
South Africa -107881.00 Jul/19
South Korea -24289.00 Jul/19
Spain -13922.00 Jul/19
Switzerland 2176.00 Dec/19
Turkey 10138765.00 Jul/19
United Kingdom 2652.00 Jul/19
United States -200344.00 Aug/19


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