Europe & Central Asia (IDA & IBRD countries) vs Italy: Expense
Expense over time
- Europe & Central Asia (IDA & IBRD countries)
- Italy
How they compare
Italy currently reports 47.3% against 32.3% in Europe & Central Asia (IDA & IBRD countries), a difference of 15.0%.
That makes Italy's figure about 1.5 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 26 years both countries report, Italy has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 6th and Italy ranks 8th of 26 groups.
Italy has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 24.4% | 44.0% | 19.5% | Italy |
| 2000s | 27.3% | 40.1% | 12.7% | Italy |
| 2010s | 29.2% | 43.0% | 13.7% | Italy |
| 2020s | 32.3% | 48.9% | 16.6% | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Europe & Central Asia (IDA & IBRD countries) or Italy?
- Italy, at 47.3% against 32.3% in Europe & Central Asia (IDA & IBRD countries) as of 2023.
- What is the difference in expense between Europe & Central Asia (IDA & IBRD countries) and Italy?
- 15.0%, with Italy ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Italy?
- 26 years are reported by both, from 1994 to 2023.
- How do Europe & Central Asia (IDA & IBRD countries) and Italy rank globally for expense?
- Europe & Central Asia (IDA & IBRD countries) ranks 6th and Italy ranks 8th of 26 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.