Italy vs United Kingdom of Great Britain and Northern Ireland: Expense, Transactions

Italy
1.13 trillion
in 2025
United Kingdom of Great Britain and Northern Ireland
1.34 trillion
in 2025
Italy rank
16th
United Kingdom of Great Britain and Northern Ireland rank
15th

Expense, Transactions over time

  • Italy
  • United Kingdom of Great Britain and Northern Ireland
400.0B600.0B800.0B1.0T1.2T1.4T199920122025

How they compare

United Kingdom of Great Britain and Northern Ireland currently reports 1.34 trillion against 1.13 trillion in Italy, a difference of 207.89 billion.

That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.2 times Italy's.

The two have swapped places 1 time across 27 shared years of data; in 1999 it was Italy ahead.

Italy ranks 16th and United Kingdom of Great Britain and Northern Ireland ranks 15th of 35 countries.

Across the 4 decades both report, Italy averaged higher in 3 and United Kingdom of Great Britain and Northern Ireland in 1.

Head to head by decade

Decade Italy United Kingdom of Great Britain and Northern Ireland Difference Ahead
1990s 546.36 billion 380.08 billion 166.28 billion Italy
2000s 687.33 billion 557.81 billion 129.51 billion Italy
2010s 842.93 billion 805.25 billion 37.68 billion Italy
2020s 1.07 trillion 1.19 trillion 114.37 billion United Kingdom of Great Britain and Northern Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, transactions, Italy or United Kingdom of Great Britain and Northern Ireland?
United Kingdom of Great Britain and Northern Ireland, at 1.34 trillion against 1.13 trillion in Italy as of 2025.
What is the difference in expense, transactions between Italy and United Kingdom of Great Britain and Northern Ireland?
207.89 billion, with United Kingdom of Great Britain and Northern Ireland ahead.
How many years of comparable data are there for Italy and United Kingdom of Great Britain and Northern Ireland?
27 years are reported by both, from 1999 to 2025.
How do Italy and United Kingdom of Great Britain and Northern Ireland rank globally for expense, transactions?
Italy ranks 16th and United Kingdom of Great Britain and Northern Ireland ranks 15th of 35 countries.
Where does this data come from?
International Monetary Fund, published as Expense, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs United Kingdom of Great Britain and Northern Ireland: Expense, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://public-sector.statizoid.com/compare/expense-transactions-statement-of-operations-general-government/italy/united-kingdom/

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About this data

Indicator
Expense, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.