Total Expenditure (central government) — Value US$, 2015 prices in Italy

Italy: Total Expenditure (central government) — Value US$, 2015 prices was 661,731 million USD in 2024. ▲ Rising

Latest (2024)
661,731 million USD
Change on year
down 8.5%
World rank
4th
of 173 countries
All-time high
723,594 million USD
in 2023
All-time low
523,283 million USD
in 2003
Years of data
24
2001–2024

Total Expenditure (central government) — Value US$, 2015 prices in Italy, 2001–2024

0200.0k400.0k600.0k800.0k2001201220242001: 540.4k million USD2002: 530.0k million USD2003: 523.3k million USD2004: 525.2k million USD2005: 534.3k million USD2006: 558.3k million USD2007: 555.7k million USD2008: 561.2k million USD2009: 585.7k million USD2010: 578.1k million USD2011: 564.9k million USD2012: 571.6k million USD2013: 532.5k million USD2014: 535.7k million USD2015: 567.7k million USD2016: 572.3k million USD2017: 575.5k million USD2018: 568.1k million USD2019: 561.5k million USD2020: 653.7k million USD2021: 711.0k million USD2022: 722.7k million USD2023: 723.6k million USD2024: 661.7k million USD

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

Analysis

In 2024, total expenditure (central government) — value us$, 2015 prices in Italy stood at 661,731 million USD.

That represents a change of down 8.5% on the previous year and up 23.5% over ten years.

Over the whole period, total expenditure (central government) — value us$, 2015 prices in Italy peaked at 723,594 million USD in 2023 and was at its lowest, 523,283 million USD, in 2003.

Italy ranks 4th of 173 countries on this measure, in the top 10%.

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

Total Expenditure (central government) — Value US$, 2015 prices in Italy, year by year

Annual values for Total Expenditure (central government) — Value US$, 2015 prices in Italy, 2001 to 2024.
Year million USD Change
2001 540,446 million USD
2002 530,038 million USD -1.9%
2003 523,283 million USD -1.3%
2004 525,188 million USD +0.4%
2005 534,276 million USD +1.7%
2006 558,255 million USD +4.5%
2007 555,735 million USD -0.5%
2008 561,199 million USD +1.0%
2009 585,728 million USD +4.4%
2010 578,148 million USD -1.3%
2011 564,936 million USD -2.3%
2012 571,570 million USD +1.2%
2013 532,492 million USD -6.8%
2014 535,739 million USD +0.6%
2015 567,653 million USD +6.0%
2016 572,303 million USD +0.8%
2017 575,489 million USD +0.6%
2018 568,092 million USD -1.3%
2019 561,483 million USD -1.2%
2020 653,695 million USD +16.4%
2021 711,008 million USD +8.8%
2022 722,682 million USD +1.6%
2023 723,594 million USD +0.1%
2024 661,731 million USD -8.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 546,016 million USD 523,283 million USD 585,728 million USD 9
2010s 562,790 million USD 532,492 million USD 578,148 million USD 10
2020s 694,542 million USD 653,695 million USD 723,594 million USD 5

Countries ranked near Italy

  1. 1 China, mainland 1.83 million million USD compare
  2. 2 United Kingdom of Great Britain and Northern Ireland 1.40 million million USD compare
  3. 3 Japan 865,002 million USD compare
  4. 5 Brazil 653,651 million USD compare
  5. 6 France 620,138 million USD compare
  6. 7 Germany 548,599 million USD compare

See the full ranking of 188 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is total expenditure (central government) — value us$, 2015 prices in Italy?
Total expenditure (central government) — value us$, 2015 prices in Italy was 661,731 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Italy?
The highest recorded value was 723,594 million USD in 2023.
What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Italy?
The lowest recorded value was 523,283 million USD in 2003.
How does Italy rank for total expenditure (central government) — value us$, 2015 prices?
Italy ranks 4th out of 173 countries with data for 2024.
Is total expenditure (central government) — value us$, 2015 prices rising or falling in Italy?
Over the last ten years it is up 23.5%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) — Value US$, 2015 prices in Italy. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-us-2015-prices/italy/

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About this data

Indicator
Total Expenditure (central government) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 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.