Name: Italy Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Italy,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Italy recorded a government budget deficit of 12.84 EUR Billion in April of 2022. source: Banca d'Italia

Government Budget Value in Italy averaged -5.23 EUR Billion from 1980 until 2022, reaching an all time high of 27.41 EUR Billion in December of 2018 and a record low of -93.97 EUR Billion in March of 2022. 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 July of 2022.

Government Budget Value in Italy is expected to be -25.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Government Budget Value is projected to trend around -20.00 EUR Billion in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	-12.84	-93.97	EUR Billion	Apr 2022
Government Revenues	51.86	36.24	EUR Billion	Apr 2022
Government Debt	2758880.90	2755371.50	EUR Million	Apr 2022
Fiscal Expenditure	64.70	130.20	EUR Billion	Apr 2022

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.