Expense in Italy
Italy: Expense was 47.3% in 2023. ▲ Rising
Expense in Italy, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Italy recorded 47.3% for expense in 2023.
That represents a change of down 2.3% on the previous year and up 8.1% over ten years.
Over the whole period, expense in Italy peaked at 50.3% in 2020 and was at its lowest, 26.5%, in 1974.
Italy ranks 8th of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
Expense in Italy, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 26.6% | — |
| 1974 | 26.5% | -0.1% |
| 1975 | 31.0% | +16.7% |
| 1976 | 29.9% | -3.3% |
| 1977 | 30.1% | +0.5% |
| 1978 | 33.8% | +12.4% |
| 1979 | 35.6% | +5.4% |
| 1980 | 38.5% | +7.9% |
| 1986 | 46.0% | +19.6% |
| 1987 | 46.9% | +1.8% |
| 1988 | 42.3% | -9.7% |
| 1989 | 43.2% | +2.1% |
| 1990 | 43.1% | -0.2% |
| 1991 | 44.0% | +1.9% |
| 1992 | 47.0% | +6.8% |
| 1993 | 48.0% | +2.2% |
| 1994 | 45.8% | -4.7% |
| 1995 | 48.0% | +5.0% |
| 1996 | 47.3% | -1.5% |
| 1997 | 45.0% | -5.0% |
| 1998 | 41.1% | -8.6% |
| 1999 | 40.9% | -0.5% |
| 2000 | 39.4% | -3.7% |
| 2001 | 39.9% | +1.2% |
| 2002 | 39.3% | -1.3% |
| 2003 | 39.5% | +0.4% |
| 2004 | 38.7% | -2.0% |
| 2005 | 39.0% | +0.9% |
| 2006 | 39.6% | +1.4% |
| 2007 | 39.1% | -1.3% |
| 2008 | 40.6% | +3.8% |
| 2009 | 44.0% | +8.6% |
| 2010 | 42.7% | -3.1% |
| 2011 | 41.8% | -2.0% |
| 2012 | 43.5% | +4.0% |
| 2013 | 43.7% | +0.6% |
| 2014 | 43.6% | -0.4% |
| 2015 | 43.5% | -0.1% |
| 2016 | 43.2% | -0.8% |
| 2017 | 42.9% | -0.6% |
| 2018 | 42.5% | -1.0% |
| 2019 | 42.3% | -0.5% |
| 2020 | 50.3% | +19.0% |
| 2021 | 49.7% | -1.4% |
| 2022 | 48.4% | -2.6% |
| 2023 | 47.3% | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.5% | 26.5% | 35.6% | 7 |
| 1980s | 43.4% | 38.5% | 46.9% | 5 |
| 1990s | 45.0% | 40.9% | 48.0% | 10 |
| 2000s | 39.9% | 38.7% | 44.0% | 10 |
| 2010s | 43.0% | 41.8% | 43.7% | 10 |
| 2020s | 48.9% | 47.3% | 50.3% | 4 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.33 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7896 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,195 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.4063 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7216 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 31,252 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.4061 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6831 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is expense in Italy?
- Expense in Italy was 47.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Italy?
- The highest recorded value was 50.3% in 2020.
- What is the lowest expense recorded in Italy?
- The lowest recorded value was 26.5% in 1974.
- How does Italy rank for expense?
- Italy ranks 8th out of 157 countries with data for 2023.
- Is expense rising or falling in Italy?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.