Fiscal Expenditure in Italy increased to 29.54 EUR Billion in June from 26.91 EUR Billion in May of 2019. Fiscal Expenditure in Italy averaged 30.33 EUR Billion from 1980 until 2019, 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.
Fiscal Expenditure in Italy is expected to be 34.40 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 51.10 in 12 months time. In the long-term, the Italy Fiscal Expenditure is projected to trend around 115.00 EUR Billion in 2020, according to our econometric models.