Total Expenditure (general government) — Value Standard Local Currency in Italy
Italy: Total Expenditure (general government) — Value Standard Local Currency was 1.11 million million SLC in 2024. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Italy, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total expenditure (general government) — value standard local currency in Italy stood at 1.11 million million SLC.
The figure is down 3.2% on the previous year and up 34.3% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Italy peaked at 1.14 million million SLC in 2023 and was at its lowest, 617,051 million SLC, in 2001.
Italy ranks 44th of 114 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 (general government) — Value Standard Local Currency in Italy, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 617,051 million SLC | — |
| 2002 | 630,369 million SLC | +2.2% |
| 2003 | 657,771 million SLC | +4.3% |
| 2004 | 680,718 million SLC | +3.5% |
| 2005 | 705,459 million SLC | +3.6% |
| 2006 | 741,766 million SLC | +5.1% |
| 2007 | 755,305 million SLC | +1.8% |
| 2008 | 783,156 million SLC | +3.7% |
| 2009 | 805,888 million SLC | +2.9% |
| 2010 | 804,370 million SLC | -0.2% |
| 2011 | 810,686 million SLC | +0.8% |
| 2012 | 821,712 million SLC | +1.4% |
| 2013 | 819,381 million SLC | -0.3% |
| 2014 | 825,502 million SLC | +0.7% |
| 2015 | 832,927 million SLC | +0.9% |
| 2016 | 832,265 million SLC | -0.1% |
| 2017 | 846,821 million SLC | +1.7% |
| 2018 | 857,245 million SLC | +1.2% |
| 2019 | 870,864 million SLC | +1.6% |
| 2020 | 948,296 million SLC | +8.9% |
| 2021 | 1.03 million million SLC | +8.9% |
| 2022 | 1.10 million million SLC | +6.2% |
| 2023 | 1.14 million million SLC | +4.4% |
| 2024 | 1.11 million million SLC | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 708,609 million SLC | 617,051 million SLC | 805,888 million SLC | 9 |
| 2010s | 832,177 million SLC | 804,370 million SLC | 870,864 million SLC | 10 |
| 2020s | 1.07 million million SLC | 948,296 million SLC | 1.14 million million SLC | 5 |
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)
- Services, value added (constant LCU), per capita 21,690 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.83 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8922 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 38,640 current US$ per person (2025)
- 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)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Italy?
- Total expenditure (general government) — value standard local currency in Italy was 1.11 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Italy?
- The highest recorded value was 1.14 million million SLC in 2023.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Italy?
- The lowest recorded value was 617,051 million SLC in 2001.
- How does Italy rank for total expenditure (general government) — value standard local currency?
- Italy ranks 44th out of 114 countries with data for 2024.
- Is total expenditure (general government) — value standard local currency rising or falling in Italy?
- Over the last ten years it is up 34.3%. 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 (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.