The budget balance in relation to the GDP in Italy was forecast to continuously increase between 2024 and 2029 by in total 0.9 percentage points. According to this forecast, in 2029, the budget balance will have increased for the ninth consecutive year to -3.08 percent. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Italy: Budget balance from 2019 to 2029 in relation to gross domestic product
(GDP)
Characteristic
Budget balance to GDP ratio
2029*
-3.08%
2028*
-3.09%
2027*
-3.25%
2026*
-3.55%
2025*
-3.79%
2024*
-4%
2023
-7.18%
2022
-8.09%
2021
-8.85%
2020
-9.38%
2019
-1.48%
Created with Highcharts 7.2.2Budget balance to GDP ratio-1.48%-1.48%-9.38%-9.38%-8.85%-8.85%-8.09%-8.09%-7.18%-7.18%-4%-4%-3.79%-3.79%-3.55%-3.55%-3.25%-3.25%-3.09%-3.09%-3.08%-3.08%201920202021202220232024*2025*2026*2027*2028*2029*
-10%-8%-6%-4%-2%0%
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IMF. (October 22, 2024). Italy: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP) [Graph]. In Statista. Retrieved February 22, 2025, from https://www.statista.com/statistics/270671/budget-balance-in-italy-in-relation-to-gross-domestic-product-gdp/
IMF. "Italy: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP)." Chart. October 22, 2024. Statista. Accessed February 22, 2025. https://www.statista.com/statistics/270671/budget-balance-in-italy-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Italy: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP). Statista. Statista Inc.. Accessed: February 22, 2025. https://www.statista.com/statistics/270671/budget-balance-in-italy-in-relation-to-gross-domestic-product-gdp/
IMF. "Italy: Budget Balance from 2019 to 2029 in Relation to Gross Domestic Product (Gdp)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/270671/budget-balance-in-italy-in-relation-to-gross-domestic-product-gdp/
IMF, Italy: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP) Statista, https://www.statista.com/statistics/270671/budget-balance-in-italy-in-relation-to-gross-domestic-product-gdp/ (last visited February 22, 2025)
Italy: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/270671/budget-balance-in-italy-in-relation-to-gross-domestic-product-gdp/
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