Italy recorded a government budget deficit of 27.22 EUR Billion in February of 2019. Government Budget Value in Italy averaged -4.39 EUR Billion from 1980 until 2019, 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 4.60 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 -10.90 in 12 months time. In the long-term, the Italy Government Budget Value is projected to trend around -5.90 EUR Billion in 2020, according to our econometric models.