Italy - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Italy was 25,829,290,000 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 25,829,290,000 in 2019 and a minimum value of 943,566,800 in 1973.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

Year Value
1973 943,566,800
1974 1,207,993,000
1975 1,329,876,000
1976 1,478,616,000
1977 1,833,938,000
1978 2,513,079,000
1979 3,306,874,000
1980 4,245,792,000
1986 9,623,141,000
1987 10,414,350,000
1988 12,644,410,000
1989 12,009,170,000
1990 13,173,780,000
1991 13,200,640,000
1992 14,035,750,000
1993 16,033,920,000
1994 16,023,070,000
1995 16,578,880,000
1996 16,394,370,000
1997 16,353,380,000
1998 17,554,410,000
1999 18,278,860,000
2000 19,675,670,000
2001 22,008,440,000
2002 21,419,590,000
2003 23,054,920,000
2004 23,499,690,000
2005 24,574,230,000
2006 22,934,270,000
2007 22,989,680,000
2008 24,213,360,000
2009 24,306,370,000
2010 24,023,580,000
2011 22,913,630,000
2012 22,105,270,000
2013 23,034,320,000
2014 22,229,790,000
2015 23,973,970,000
2016 24,465,560,000
2017 25,449,500,000
2018 25,807,540,000
2019 25,829,290,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Italy was 3.40 as of 2019. Its highest value over the past 46 years was 6.78 in 1974, while its lowest value was 3.12 in 2012.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

See also:

Year Value
1973 6.71
1974 6.78
1975 5.58
1976 5.10
1977 5.18
1978 5.37
1979 5.48
1980 5.21
1986 4.23
1987 4.11
1988 4.97
1989 4.21
1990 4.17
1991 3.75
1992 3.55
1993 3.85
1994 3.82
1995 3.48
1996 3.31
1997 3.32
1998 3.74
1999 3.79
2000 4.01
2001 4.22
2002 4.02
2003 4.17
2004 4.17
2005 4.20
2006 3.71
2007 3.63
2008 3.64
2009 3.50
2010 3.49
2011 3.32
2012 3.12
2013 3.27
2014 3.13
2015 3.32
2016 3.33
2017 3.42
2018 3.43
2019 3.40

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance