Italy Government Budget
-3.1%▲ +0.24 pt
Dec 2025 · Annual
Italy’s budget balance deficit narrowed to 3.112687% of GDP in 2025, improving from a deficit of 3.350498% in 2024. The figure remains well above the all-time low of 11.141495% recorded in 1990, and far from the all-time high of 1.325941% in 2007. Data are available annually from 1988.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| -3.1% | -3.4% | -1.3%Dec 2007 | -11.1%Dec 1990 | 1988 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 137.1% | 134.7% | 154.4% | 95.7% | Dec 2025 | Annual |
| Tax Revenue to GDP | 25.6% | 24.7% | 26.2% | 12.5% | Dec 2024 | Annual |
About this series
Government Budget in Italy averaged -4.8% from 1988 until 2025, reaching an all-time high of -1.3% in Dec 2007 and a record low of -11.1% in Dec 1990. The series is reported yearly with history from 1988.
The budget balance as a percentage of GDP records the difference between government revenues and expenditures relative to the size of the economy. A negative value indicates a deficit. Reported annually, the series spans from 1988 onwards for Italy.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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