The budget balance in Italy was forecast to increase between 2024 and 2029 by in total 11.3 billion Euros. This overall increase does not happen continuously, notably not in 2029. The budget balance is estimated to amount to -82.86 billion Euros in 2029. 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.
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IMF. (October 22, 2024). Italy: Budget balance from 2019 to 2029 (in billion euros) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/270485/budget-balance-in-italy/
IMF. "Italy: Budget balance from 2019 to 2029 (in billion euros)." Chart. October 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/270485/budget-balance-in-italy/
IMF. (2024). Italy: Budget balance from 2019 to 2029 (in billion euros). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/270485/budget-balance-in-italy/
IMF. "Italy: Budget Balance from 2019 to 2029 (in Billion Euros)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/270485/budget-balance-in-italy/
IMF, Italy: Budget balance from 2019 to 2029 (in billion euros) Statista, https://www.statista.com/statistics/270485/budget-balance-in-italy/ (last visited December 21, 2024)
Italy: Budget balance from 2019 to 2029 (in billion euros) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/270485/budget-balance-in-italy/