Government Spending in Italy increased to 81294.50 EUR Million in the first quarter of 2023 from 80350.30 EUR Million in the fourth quarter of 2022. source: National Institute of Statistics (ISTAT)

Government Spending in Italy averaged 77000.21 EUR Million from 1991 until 2023, reaching an all time high of 84647.90 EUR Million in the third quarter of 2010 and a record low of 60996.40 EUR Million in the third quarter of 1995. This page provides - Italy Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Government Spending - values, historical data and charts - was last updated on June of 2023.

Government Spending in Italy is expected to be 81385.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Government Spending is projected to trend around 82290.00 EUR Million in 2024 and 83689.00 EUR Million in 2025, according to our econometric models.

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Italy Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 144.70 149.80 percent of GDP Dec 2022
Government Budget -8.00 -9.00 percent of GDP Dec 2022
Government Spending 81294.50 80350.30 EUR Million Mar 2023

Italy Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
81294.50 80350.30 84647.90 60996.40 1991 - 2023 EUR Million Quarterly
Constant Prices 2015, SA