Italy vs United Kingdom: Expense

Italy

1.01 trillion current LCU

in 2023

United Kingdom

1.13 trillion current LCU

in 2023

Italy rank

60th

United Kingdom rank

57th

Expense over time

Italy
United Kingdom

How they compare

United Kingdom currently reports 1.13 trillion current LCU against 1.01 trillion current LCU in Italy, a difference of 121.67 billion current LCU.

That makes United Kingdom's figure about 1.1 times Italy's.

The two have swapped places 2 times across 46 shared years of data; in 1973 it was United Kingdom ahead.

Globally, Italy ranks 60th and United Kingdom ranks 57th of 157 countries.

Individual pages

About this data

Indicator: Expense (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 157 places, 4,452 data points, 1972–2024
Last refreshed: 06 August 2026

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.