High income vs Italy: Expense
High income
30.1%
in 2023
Italy
47.3%
in 2023
High income rank
12th
Italy rank
8th
Expense over time
- High income
- Italy
How they compare
Italy currently reports 47.3% against 30.1% in High income, a difference of 17.2%.
That makes Italy's figure about 1.6 times High income's.
Across all 46 years both countries report, Italy has been ahead every year.
High income ranks 12th and Italy ranks 8th of 26 groups.
Italy has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | High income | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 22.2% | 30.5% | 8.3% | Italy |
| 1980s | 25.5% | 43.4% | 17.9% | Italy |
| 1990s | 26.9% | 45.0% | 18.2% | Italy |
| 2000s | 26.2% | 39.9% | 13.7% | Italy |
| 2010s | 27.8% | 43.0% | 15.1% | Italy |
| 2020s | 31.7% | 48.9% | 17.2% | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, High income or Italy?
- Italy, at 47.3% against 30.1% in High income as of 2023.
- What is the difference in expense between High income and Italy?
- 17.2%, with Italy ahead.
- How many years of comparable data are there for High income and Italy?
- 46 years are reported by both, from 1973 to 2023.
- How do High income and Italy rank globally for expense?
- High income ranks 12th 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.
Individual pages
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.