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
For that indicator, we provide data for Italy from 1970 to 2023. The average value for Italy during that period was 234.99 billion U.S. dollars with a minimum of 17.05 billion U.S. dollars in 1970 and a maximum of 471.13 billion U.S. dollars in 2008. The latest value from 2023 is 409.25 billion U.S. dollars. For comparison, the world average in 2023 based on 131 countries is 69.63 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


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

Historical chart
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.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 19.21 2022 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 86.80 Q3/2023 billion
 Long-term government bond yield 4.51 9/2023 percent
 Tax revenue 24.93 2021 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 23.84 2021 percent
 Taxes on international trade 0.01 1989 percent
 Income and profits taxes 32.27 2021 percent
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