Other expense in Italy
Italy: Other expense was 15.8% in 2023. ▲ Rising
Other expense in Italy, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Italy recorded 15.8% for other expense in 2023. That is the highest value across all 29 years on record.
That represents a change of up 16.2% on the previous year and up 188.1% over ten years.
Over the whole period, other expense in Italy peaked at 15.8% in 2023 and was at its lowest, 4.1%, in 1997.
That places Italy 21st out of 147 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.2% | 4.1% | 6.4% | 5 |
| 2000s | 6.0% | 5.4% | 8.1% | 10 |
| 2010s | 6.1% | 5.5% | 7.3% | 10 |
| 2020s | 12.8% | 8.3% | 15.8% | 4 |
Countries ranked near Italy
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 other expense in Italy?
- Other expense in Italy was 15.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Italy?
- The highest recorded value was 15.8% in 2023.
- What is the lowest other expense recorded in Italy?
- The lowest recorded value was 4.1% in 1997.
- How does Italy rank for other expense?
- Italy ranks 21st out of 147 countries with data for 2023.
- Is other expense rising or falling in Italy?
- Over the last ten years it is up 188.1%. 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.