Net incurrence of liabilities, total in Italy
Italy: Net incurrence of liabilities, total was 64.28 billion current LCU in 1991. ◆ Volatile
Net incurrence of liabilities, total in Italy, 1976–1991
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Italy is 64.28 billion current LCU, measured in 1991. That is the highest value across all 12 years on record.
That represents a change of up 22.8% on the previous year and up 146.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Italy peaked at 64.28 billion current LCU in 1991 and was at its lowest, 8.61 billion current LCU, in 1976.
Italy ranks 65th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.35 billion current LCU | 8.61 billion current LCU | 15.39 billion current LCU | 4 |
| 1980s | 41.89 billion current LCU | 13.28 billion current LCU | 63.26 billion current LCU | 7 |
| 1990s | 64.28 billion current LCU | 64.28 billion current LCU | 64.28 billion current LCU | 1 |
Countries ranked near Italy
- 62 Mozambique 71.65 billion current LCU compare
- 63 Singapore 66.75 billion current LCU compare
- 64 Spain 65.74 billion current LCU compare
- 66 North Macedonia 63.88 billion current LCU compare
- 67 Peru 52.70 billion current LCU compare
- 68 Central African Republic 50.67 billion current LCU compare
More public sector data for Italy
- Arms imports 432.00 million SIPRI trend indicator values (2024)
- Tax revenue 25.6% (2024)
- Taxes on income, profits and capital gains 34.7% (2024)
- Taxes on goods and services 23.7% (2024)
- Net investment in nonfinancial assets 1.6% (2024)
- Net lending (+) / net borrowing (-) -3.4% (2024)
- Interest payments 9.4% (2024)
- Grants and other revenue 6.5% (2024)
- Interest payments 7.6% (2023)
- Other taxes 4.2% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Italy?
- Net incurrence of liabilities, total in Italy was 64.28 billion current LCU in 1991, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Italy?
- The highest recorded value was 64.28 billion current LCU in 1991.
- What is the lowest net incurrence of liabilities, total recorded in Italy?
- The lowest recorded value was 8.61 billion current LCU in 1976.
- How does Italy rank for net incurrence of liabilities, total?
- Italy ranks 65th out of 136 countries with data for 1991.
- Is net incurrence of liabilities, total rising or falling in Italy?
- Over the last ten years it is up 146.7%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.