Italy vs Saudi Arabia: Expense
Italy
1.01 trillion current LCU
in 2023
Saudi Arabia
1.11 trillion current LCU
in 2023
Italy rank
60th
Saudi Arabia rank
59th
Expense over time
- Italy
- Saudi Arabia
How they compare
Saudi Arabia currently reports 1.11 trillion current LCU against 1.01 trillion current LCU in Italy, a difference of 93.71 billion current LCU.
That makes Saudi Arabia's figure about 1.1 times Italy's.
The two have swapped places 3 times across 14 shared years of data; in 2010 it was Italy ahead.
Italy ranks 60th and Saudi Arabia ranks 59th of 157 countries.
Saudi Arabia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Italy | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 724.47 billion current LCU | 732.50 billion current LCU | 8.03 billion current LCU | Saudi Arabia |
| 2020s | 933.78 billion current LCU | 992.49 billion current LCU | 58.71 billion current LCU | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Italy or Saudi Arabia?
- Saudi Arabia, at 1.11 trillion current LCU against 1.01 trillion current LCU in Italy as of 2023.
- What is the difference in expense between Italy and Saudi Arabia?
- 93.71 billion current LCU, with Saudi Arabia ahead.
- How many years of comparable data are there for Italy and Saudi Arabia?
- 14 years are reported by both, from 2010 to 2023.
- How do Italy and Saudi Arabia rank globally for expense?
- Italy ranks 60th and Saudi Arabia ranks 59th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.