Government spending in Italy was last recorded at 48.7 percent of GDP in 2019 . source: EUROSTAT
Government Spending to GDP in Italy averaged 49.69 percent from 1990 until 2019, reaching an all time high of 56 percent in 1993 and a record low of 46.50 percent in 2000. This page provides the latest reported value for - Italy Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Government Spending to GDP - values, historical data and charts - was last updated on May of 2021.
Government Spending to GDP in Italy is expected to reach 52.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Government Spending to GDP is projected to trend around 48.00 percent in 2022 and 44.00 percent in 2023, according to our econometric models.