Italy: Government spending, in dollars

* indicates monthly or quarterly data series
 Italy

Government spending, billion USD

 Latest value 409.25
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 234.99
 Min - Max 17.05 - 471.13
 Source The World Bank
The latest value from 2023 is 409.25 billion U.S. dollars, an increase from 395.34 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Italy from 1970 to 2023 is 234.99 billion U.S. dollars. The minimum value, 17.05 billion U.S. dollars, was reached in 1970 while the maximum of 471.13 billion U.S. dollars was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Italy - Government spending, in dollars - Recent values chart

Historical series
Italy - Government spending, in dollars - historical chart - 1970-2023




Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Government spending, percent of GDP 18.15 2023 percent
 Government spending, in dollars 409.25 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -7.20 2023 percent
 Government debt 137.30 2023 percent
 Government expenditure 90.31 Q3/2024 billion
 Long-term interest rate 3.68 8/2024 percent
 Tax revenue 24.92 2022 percent
 Commercial tax rate 59.10 2019 percent
 Tax preparation time 238 2019 hours
 Number of taxes 14 2019 taxes
 Taxes on goods and services 33.94 2022 percent
 Income and profits taxes 47.02 2022 percent
This site uses cookies.
Learn more here


OK