Budget balance in Italy in relation to gross domestic product (GDP) 2029
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.
Find more statistics on other topics about Italy with key insights such as the number of employed people, the average inflation rate, and the gross domestic product in current prices.
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.
Find more statistics on other topics about Italy with key insights such as the number of employed people, the average inflation rate, and the gross domestic product in current prices.
