Government Budget Balance (Local Currency) in Italy

Source: World Bank, National Statistical Office, IMF estimates. The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle
Last Updated: March 8, 2019

Government budget balance reached -43.6 in 2023 in Italy, according to the National Statistical Office. This is 5.57% less than in the previous year.

Historically, government budget balance in Italy reached an all time high of -8.48 in 1999 and an all time low of -90.6 in 1991.

Italy has been ranked 53rd within the group of 84 countries we follow in terms of government budget balance.

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