Italy: Government spending, billion USD, 1970 - 2020:
For that indicator, we provide data for Italy from 1970 to 2020. The average value for Italy during that period was 224.66 billion U.S. dollars with a minimum of 17.05 billion U.S. dollars in 1970 and a maximum of 469.21 billion U.S. dollars in 2008.
The latest value from 2020 is 394.48 billion U.S. dollars. For comparison, the world average in 2020 based on 149
countries is 97.58 billion U.S. dollars.
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* indicates monthly or quarterly data series
Recent values
Longer historical series
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.