Greece vs Italy: Gross operating balance, Transactions

Greece
12.38 billion
in 2024
Italy
19.03 billion
in 2025
Greece rank
13th
Italy rank
12th

Gross operating balance, Transactions over time

  • Greece
  • Italy
-100.0B-50.0B050.0B199920122025

How they compare

Italy currently reports 19.03 billion against 12.38 billion in Greece, a difference of 6.65 billion.

That makes Italy's figure about 1.5 times Greece's.

The two have swapped places 11 times across 26 shared years of data; in 1999 it was Italy ahead.

Greece ranks 13th and Italy ranks 12th of 35 countries.

Across the 4 decades both report, Greece averaged higher in 2 and Italy in 2.

Head to head by decade

Decade Greece Italy Difference Ahead
1990s 1.00 billion 13.15 billion 12.15 billion Italy
2000s -4.76 billion -1.56 billion 3.20 billion Italy
2010s -3.74 billion -3.84 billion 100.08 million Greece
2020s 733.00 million -79.74 billion 80.47 billion Greece

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross operating balance, transactions, Greece or Italy?
Italy, at 19.03 billion against 12.38 billion in Greece as of 2025.
What is the difference in gross operating balance, transactions between Greece and Italy?
6.65 billion, with Italy ahead.
How many years of comparable data are there for Greece and Italy?
26 years are reported by both, from 1999 to 2024.
How do Greece and Italy rank globally for gross operating balance, transactions?
Greece ranks 13th and Italy ranks 12th of 35 countries.
Where does this data come from?
International Monetary Fund, published as Gross operating balance, 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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Greece vs Italy: Gross operating balance, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://public-sector.statizoid.com/compare/gross-operating-balance-transactions-statement-of-operations-general-government/greece/italy/

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About this data

Indicator
Gross operating balance, 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.