Italy - Government Budget Balance





Italy: Government Budget Balance

Mnemonic GVBAL.IITA
Unit Millions of Euro, NSA
Adjustments Not Seasonally Adjusted
Quarterly 5.13 %
Data 2020 Q2 -37,991
2020 Q1 -40,045

Series Information

Source Italian National Institute of Statistics (ISTAT)
Release General Government
Frequency Quarterly
Start Date 3/31/1999
End Date 6/30/2020

Italy: Government

Reference Last Previous Units Frequency
Government Budget Balance 2020 Q2 -37,991 -40,045 Millions of Euro, NSA Quarterly
Government Expenditures 2020 Q2 225,115 208,943 Millions of Euro, NSA Quarterly
Government Revenues 2020 Q2 187,123 168,898 Millions of Euro, NSA Quarterly
Gross External Debt 2019 Q4 0 0 USD, NSA Quarterly

Release Information

The dataset includes information about:

  • Revenue, broken down by current and capital account, and by economic type (direct and indirect taxes, social contributions, etc.).
  • Expenditure, broken down by current and capital account and by economic type (salaries; social transfers and interest payments).
  • Balance (deficit/surplus) as the difference between revenue and expenditure.

Revenue and expenditure are national accounts based and are consistent with ESA 95. They are compiled by the National Institute of Statistics, based on Treasury information.

The data are recorded on a cash basis. The fiscal year is the same as the calendar year.

The data are semi-final when first released. Revisions are not usually relevant, unless unforeseen events occur.