Italy - Expense

Expense (current LCU)

The value for Expense (current LCU) in Italy was 760,740,000,000 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 760,740,000,000 in 2019 and a minimum value of 14,066,220,000 in 1973.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1973 14,066,220,000
1974 17,818,280,000
1975 23,824,670,000
1976 28,991,310,000
1977 35,405,700,000
1978 46,795,640,000
1979 60,358,840,000
1980 81,419,430,000
1986 227,519,000,000
1987 253,442,000,000
1988 254,240,000,000
1989 285,005,000,000
1990 316,080,000,000
1991 351,958,000,000
1992 395,602,000,000
1993 416,556,000,000
1994 419,972,000,000
1995 476,172,000,000
1996 495,992,000,000
1997 492,593,000,000
1998 469,325,000,000
1999 481,856,000,000
2000 490,147,000,000
2001 521,742,000,000
2002 532,977,000,000
2003 552,636,000,000
2004 564,030,000,000
2005 584,630,000,000
2006 617,350,000,000
2007 633,172,000,000
2008 664,928,000,000
2009 694,469,000,000
2010 688,856,000,000
2011 690,662,000,000
2012 708,431,000,000
2013 704,944,000,000
2014 710,283,000,000
2015 722,021,000,000
2016 733,800,000,000
2017 745,017,000,000
2018 753,328,000,000
2019 760,740,000,000

Expense (% of GDP)

Expense (% of GDP) in Italy was 42.38 as of 2019. Its highest value over the past 46 years was 48.18 in 1995, while its lowest value was 26.58 in 1974.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1973 26.62
1974 26.58
1975 31.03
1976 30.01
1977 30.16
1978 33.89
1979 35.73
1980 38.57
1986 46.15
1987 46.99
1988 42.42
1989 43.31
1990 43.24
1991 44.08
1992 47.08
1993 48.13
1994 45.88
1995 48.18
1996 47.42
1997 45.09
1998 41.21
1999 41.00
2000 39.48
2001 40.01
2002 39.47
2003 39.62
2004 38.84
2005 39.14
2006 39.76
2007 39.21
2008 40.60
2009 44.03
2010 42.75
2011 41.89
2012 43.61
2013 43.71
2014 43.65
2015 43.62
2016 43.27
2017 42.90
2018 42.53
2019 42.38

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance