Budget balance of Italy 2010-2023

Published by
Lorenzo Macchi,
Mar 14, 2025

The general government's net lending/borrowing indicates the difference between the government's total revenue minus the total expenditure. In the case of a budget deficit, the government resorts to debt to cover the public spending. Italy's budget deficit had reduced from 67 billion euros to 26 billion euros in the period 2010-2019, before plummeting to 157 billion euros due to the COVID-19 crisis. In 2023, the budget deficit reached around 153 billion euros, seven percent of the country's GDP.

Budget balance of Italy between 2010 and 2023 (in million euros)

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Release date

October 2024

Region

Italy

Survey time period

2010 to 2023

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Public debt in ItalyNational debt of the U.S.Public debt worldwidePublic debt in Latin AmericaEarnings and wages in Italy
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