IBRD only vs Italy: General government final consumption expenditure
General government final consumption expenditure over time
- IBRD only
- Italy
How they compare
IBRD only currently reports 6.39 trillion current US$ against 465.68 billion current US$ in Italy, a difference of 5.92 trillion current US$.
That makes IBRD only's figure about 13.7 times Italy's.
Across all 55 years both countries report, IBRD only has been ahead every year.
IBRD only ranks 7th and Italy ranks 9th of 41 groups.
IBRD only has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | IBRD only | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 160.65 billion current US$ | 35.06 billion current US$ | 125.59 billion current US$ | IBRD only |
| 1980s | 386.50 billion current US$ | 109.35 billion current US$ | 277.15 billion current US$ | IBRD only |
| 1990s | 648.40 billion current US$ | 225.67 billion current US$ | 422.73 billion current US$ | IBRD only |
| 2000s | 1.45 trillion current US$ | 342.15 billion current US$ | 1.11 trillion current US$ | IBRD only |
| 2010s | 4.12 trillion current US$ | 404.13 billion current US$ | 3.72 trillion current US$ | IBRD only |
| 2020s | 5.80 trillion current US$ | 413.08 billion current US$ | 5.38 trillion current US$ | IBRD only |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, IBRD only or Italy?
- IBRD only, at 6.39 trillion current US$ against 465.68 billion current US$ in Italy as of 2024.
- What is the difference in general government final consumption expenditure between IBRD only and Italy?
- 5.92 trillion current US$, with IBRD only ahead.
- How many years of comparable data are there for IBRD only and Italy?
- 55 years are reported by both, from 1970 to 2024.
- How do IBRD only and Italy rank globally for general government final consumption expenditure?
- IBRD only ranks 7th and Italy ranks 9th of 41 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.