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Italy: General government deficit (% of GDP)

Percent of GDP · 1862–2025 · 164 observations · forecasts to 2031 · gen_govdef_GDP

2025
−3.10%percent of GDP
Change on 2024
+0.3 pointsfrom −3.40%
Average, 2016–2025
−4.86%10 years
Record high and low
1.70% (1925)low −35.1% (1944)

General government deficit (% of GDP)

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

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

Recent values

Percent of GDP

YearValue
2031-2.71Forecast
2030-2.49Forecast
2029-2.52Forecast
2028-2.38Forecast
2027-2.58Forecast
2026-2.84Forecast
2025-3.10
2024-3.40
2023-7.10
2022-8.10
2021-8.90
2020-9.40
2019-1.50
2018-2.20
2017-2.50
2016-2.40

Sources

  • IMF Fiscal Policy Panel1862–2023
  • OECD Economic Outlook1960–2025
  • IMF World Economic Outlook1988–2025
  • IMF Government Finance Statistics1995–2024
  • AMECO (European Commission)1995–2025
  • Eurostat1995–2025
  • AMECO (forecast)2025–2027
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

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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