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Italy: Central government deficit (% of GDP)

Percent of GDP · 1862–2025 · 163 observations · cgovdef_GDP

2025
−3.50%percent of GDP
Change on 2024
+0.4 pointsfrom −3.90%
Average, 2016–2025
−5.13%10 years
Record high and low
0.565% (1902)low −39.1% (1936)

Central government deficit (% of GDP)

Report error
-40%-30%-20%-10%0%10%1875190019251950197520002025ItalyItaly
Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2025-3.50
2024-3.90
2023-7.60
2022-8.10
2021-9.00
2020-9.40
2019-1.70
2018-2.50
2017-2.90
2016-2.70

Sources

  • Mitchell1862–1993
  • Flandreau & Zumer1880–1913
  • World Development Indicators1973–2024
  • IMF Government Finance Statistics1995–2024
  • Eurostat1995–2025

Compare these sources →

Italy documentation (PDF)

More for Italy

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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