Government expenditure as share of the gross domestic product (GDP) in Italy 2029

The ratio of government expenditure to GDP in Italy was forecast to continuously decrease between 2024 and 2029 by in total 2.4 percentage points. After the fourth consecutive decreasing year, the ratio is estimated to reach 48.17 percent and therefore a new minimum in 2029.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

Find more statistics on other topics about Italy with key insights such as ratio of the national debt to the gross domestic product, the number of employed people, and the total population.