Italy - Government Budget Balance





Italy: Government Budget Balance

Mnemonic GVBAL.IITA
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 129.01 %
Data 2021 Q1 -53,630
2020 Q4 -23,418

Series Information

Source Italian National Institute of Statistics (ISTAT)
Release General Government
Frequency Quarterly
Start Date 3/31/1999
End Date 3/31/2021

Italy: Government

Reference Last Previous Units Frequency
Government Budget Balance 2021 Q1 -53,630 -23,418 Mil. EUR, NSA Quarterly
Government Expenditures 2021 Q1 223,474 278,436 Mil. EUR, NSA Quarterly
Government Revenues 2021 Q1 169,844 255,017 Mil. EUR, NSA Quarterly
Gross External Debt 2021 Q1 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.