Belgium vs Italy: Net operating balance, Transactions
Belgium
-28.03 billion
in 2025
Italy
-42.76 billion
in 2025
Belgium rank
22nd
Italy rank
24th
Net operating balance, Transactions over time
- Belgium
- Italy
How they compare
Belgium currently reports -28.03 billion against -42.76 billion in Italy, a difference of 14.73 billion.
Across all 27 years both countries report, Belgium has been ahead every year.
Belgium ranks 22nd and Italy ranks 24th of 35 countries.
Belgium has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Belgium | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -799.70 million | -12.91 billion | 12.11 billion | Belgium |
| 2000s | -3.48 billion | -38.33 billion | 34.85 billion | Belgium |
| 2010s | -10.08 billion | -53.55 billion | 43.47 billion | Belgium |
| 2020s | -25.55 billion | -120.52 billion | 94.97 billion | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net operating balance, transactions, Belgium or Italy?
- Belgium, at -28.03 billion against -42.76 billion in Italy as of 2025.
- What is the difference in net operating balance, transactions between Belgium and Italy?
- 14.73 billion, with Belgium ahead.
- How many years of comparable data are there for Belgium and Italy?
- 27 years are reported by both, from 1999 to 2025.
- How do Belgium and Italy rank globally for net operating balance, transactions?
- Belgium ranks 22nd and Italy ranks 24th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Net operating balance, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.