Expense in Italy
Italy: Expense was 47.3% in 2023. ▲ Rising
Expense in Italy, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Italy recorded 47.3% for expense in 2023.
That represents a change of down 2.3% on the previous year and up 8.1% over ten years.
Over the whole period, expense in Italy peaked at 50.3% in 2020 and was at its lowest, 26.5%, in 1974.
Italy ranks 8th of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.5% | 26.5% | 35.6% | 7 |
| 1980s | 43.4% | 38.5% | 46.9% | 5 |
| 1990s | 45.0% | 40.9% | 48.0% | 10 |
| 2000s | 39.9% | 38.7% | 44.0% | 10 |
| 2010s | 43.0% | 41.8% | 43.7% | 10 |
| 2020s | 48.9% | 47.3% | 50.3% | 4 |
Countries ranked near Italy
More economy & growth data for Italy
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -19.53 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -22.07 billion current US$ (2025)
- Taxes less subsidies on products 243.42 billion current LCU (2025)
- Taxes less subsidies on products 275.06 billion current US$ (2025)
- Net primary income (Net income from abroad) 2.59 billion current LCU (2025)
- Net primary income (Net income from abroad) 2.92 billion current US$ (2025)
- GNI per capita 38,371 current LCU (2025)
- GNI per capita, Atlas method 42,080 current US$ (2025)
- GNI 2.26 trillion current LCU (2025)
Frequently asked questions
- What is expense in Italy?
- Expense in Italy was 47.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Italy?
- The highest recorded value was 50.3% in 2020.
- What is the lowest expense recorded in Italy?
- The lowest recorded value was 26.5% in 1974.
- How does Italy rank for expense?
- Italy ranks 8th out of 157 countries with data for 2023.
- Is expense rising or falling in Italy?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.