Italy recorded a government budget surplus of 27.41 EUR Billion in December of 2018. Government Budget Value in Italy averaged -4.38 EUR Billion from 1980 until 2018, 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 -10.00 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 -5.80 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 27.41 -10.40 27.41 -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 104.65 43.40 104.65 2.60 EUR Billion [+]
Government Debt 2316697.40 2345344.20 2345344.20 1320.50 EUR Million [+]
Fiscal Expenditure 77.24 53.80 108.58 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
27.41 -10.40 27.41 -43.39 1980 - 2018 EUR Billion Monthly
Current Prices, NSA




Country Last Previous
Argentina -135316.20 Dec/18
Australia -292.00 Dec/18
Brazil -68042.00 Dec/18
Canada -2219.00 Nov/18
China -286.50 Nov/18
France -76.05 Dec/18
Germany 36.06 Jun/18
India -7014.57 Dec/18
Indonesia -259900.00 Dec/18
Italy 27.41 Dec/18
Japan -60963.00 Sep/18
Mexico -178960.00 Dec/18
Netherlands 1.50 Dec/18
Russia 282.64 Jan/19
Saudi Arabia -238494.00 Dec/17
Singapore -2211.70 Dec/18
South Africa 17725.00 Dec/18
South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey -20758467.00 Dec/18
United Kingdom 1596.00 Dec/18
United States -13539.00 Dec/18


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