Fiscal Expenditure in Italy increased to 72.18 EUR Billion in July from 58.24 EUR Billion in June of 2020.

Fiscal Expenditure in Italy averaged 31.01 EUR Billion from 1980 until 2020, reaching an all time high of 108.58 EUR Billion in December of 2008 and a record low of 1.78 EUR Billion in January of 1980. This page provides - Italy Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Fiscal Expenditure - values, historical data and charts - was last updated on October of 2020. source: Banca d'Italia

Fiscal Expenditure in Italy is expected to be 42.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Italy to stand at 40.00 in 12 months time. In the long-term, the Italy Fiscal Expenditure is projected to trend around 104.00 EUR Billion in 2021 and 101.00 EUR Billion in 2022, according to our econometric models.

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Italy Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
72.18 58.24 108.58 1.78 1980 - 2020 EUR Billion Monthly
Current Prices, NSA

Italy Government Last Previous Highest Lowest Unit
Government Debt to GDP 134.80 134.80 135.30 90.50 percent [+]
Government Budget -1.60 -2.20 -1.30 -7.20 percent of GDP [+]
Government Budget Value -20.32 -26.71 27.41 -48.99 EUR Billion [+]
Government Spending 78918.20 78668.20 84649.30 60996.40 EUR Million [+]
Government Spending to GDP 48.70 48.50 56.00 46.50 percent [+]
Government Revenues 51.86 31.53 104.65 2.60 EUR Billion [+]
Government Debt 2560474.50 2530603.60 2560474.50 1320.50 EUR Million [+]
Fiscal Expenditure 72.18 58.24 108.58 1.78 EUR Billion [+]
Military Expenditure 26082.00 26448.00 33326.00 5504.00 USD Million [+]
Credit Rating 61.00 [+]
Asylum Applications 890.00 120.00 13510.00 120.00 persons [+]

Italy Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.