Total Expenditure (central government) — Value Standard Local Currency in Italy

Italy: Total Expenditure (central government) — Value Standard Local Currency was 715,022 million SLC in 2024. ▲ Rising

Latest (2024)
715,022 million SLC
Change on year
down 6.6%
World rank
69th
of 174 countries
All-time high
765,703 million SLC
in 2023
All-time low
373,387 million SLC
in 2001
Years of data
24
2001–2024

Total Expenditure (central government) — Value Standard Local Currency in Italy, 2001–2024

0200.0k400.0k600.0k800.0k2001201220242001: 373.4k million SLC2002: 378.3k million SLC2003: 385.3k million SLC2004: 396.9k million SLC2005: 412.2k million SLC2006: 440.2k million SLC2007: 449.0k million SLC2008: 464.3k million SLC2009: 493.2k million SLC2010: 489.8k million SLC2011: 486.8k million SLC2012: 500.9k million SLC2013: 471.9k million SLC2014: 479.1k million SLC2015: 511.6k million SLC2016: 522.3k million SLC2017: 528.9k million SLC2018: 527.7k million SLC2019: 527.0k million SLC2020: 623.2k million SLC2021: 686.6k million SLC2022: 722.7k million SLC2023: 765.7k million SLC2024: 715.0k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

Italy recorded 715,022 million SLC for total expenditure (central government) — value standard local currency in 2024.

That represents a change of down 6.6% on the previous year and up 49.2% over ten years.

Over the whole period, total expenditure (central government) — value standard local currency in Italy peaked at 765,703 million SLC in 2023 and was at its lowest, 373,387 million SLC, in 2001.

Italy ranks 69th of 174 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Total Expenditure (central government) — Value Standard Local Currency in Italy, year by year

Annual values for Total Expenditure (central government) — Value Standard Local Currency in Italy, 2001 to 2024.
Year million SLC Change
2001 373,387 million SLC
2002 378,299 million SLC +1.3%
2003 385,307 million SLC +1.9%
2004 396,879 million SLC +3.0%
2005 412,162 million SLC +3.9%
2006 440,203 million SLC +6.8%
2007 449,026 million SLC +2.0%
2008 464,344 million SLC +3.4%
2009 493,230 million SLC +6.2%
2010 489,758 million SLC -0.7%
2011 486,839 million SLC -0.6%
2012 500,941 million SLC +2.9%
2013 471,946 million SLC -5.8%
2014 479,109 million SLC +1.5%
2015 511,624 million SLC +6.8%
2016 522,253 million SLC +2.1%
2017 528,888 million SLC +1.3%
2018 527,679 million SLC -0.2%
2019 527,001 million SLC -0.1%
2020 623,228 million SLC +18.3%
2021 686,569 million SLC +10.2%
2022 722,686 million SLC +5.3%
2023 765,703 million SLC +6.0%
2024 715,022 million SLC -6.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 421,426 million SLC 373,387 million SLC 493,230 million SLC 9
2010s 504,604 million SLC 471,946 million SLC 528,888 million SLC 10
2020s 702,642 million SLC 623,228 million SLC 765,703 million SLC 5

Countries ranked near Italy

  1. 66 Israel 770,032 million SLC compare
  2. 67 Uruguay 769,606 million SLC compare
  3. 68 Australia 723,129 million SLC compare
  4. 70 France 670,400 million SLC compare
  5. 71 Germany 641,190 million SLC compare
  6. 72 Romania 549,219 million SLC compare

See the full ranking of 189 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is total expenditure (central government) — value standard local currency in Italy?
Total expenditure (central government) — value standard local currency in Italy was 715,022 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) — value standard local currency recorded in Italy?
The highest recorded value was 765,703 million SLC in 2023.
What is the lowest total expenditure (central government) — value standard local currency recorded in Italy?
The lowest recorded value was 373,387 million SLC in 2001.
How does Italy rank for total expenditure (central government) — value standard local currency?
Italy ranks 69th out of 174 countries with data for 2024.
Is total expenditure (central government) — value standard local currency rising or falling in Italy?
Over the last ten years it is up 49.2%. The long-run trend across the full record is rising.
Where does this Italy data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) — Value Standard Local Currency in Italy. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-standard-local-currency/italy/

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About this data

Indicator
Total Expenditure (central government) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
189 places, 3,863 data points, 2001–2024
Last refreshed

The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.