Net operating balance, Transactions in Italy

Italy: Net operating balance, Transactions was -42.76 billion in 2025. ◆ Volatile

Latest (2025)
-42.76 billion
Change on year
up 20.5%
World rank
24th
of 35 countries
All-time high
-12.91 billion
in 1999
All-time low
-163.50 billion
in 2021
Years of data
27
1999–2025

Net operating balance, Transactions in Italy, 1999–2025

-150.0B-100.0B-50.0B01999201220251999: -12.9B2000: -22.7B2001: -32.5B2002: -37.2B2003: -36.5B2004: -40.0B2005: -51.6B2006: -46.5B2007: -13.0B2008: -35.4B2009: -67.9B2010: -65.2B2011: -60.2B2012: -55.6B2013: -55.8B2014: -57.3B2015: -49.5B2016: -51.5B2017: -55.3B2018: -50.9B2019: -34.3B2020: -161.0B2021: -163.5B2022: -158.6B2023: -143.5B2024: -53.8B2025: -42.8B

Source: International Monetary Fund.

Analysis

The most recent figure for net operating balance, transactions in Italy is -42.76 billion, measured in 2025.

That represents a change of up 20.5% on the previous year and up 13.6% over ten years.

Over the whole period, net operating balance, transactions in Italy peaked at -12.91 billion in 1999 and was at its lowest, -163.50 billion, in 2021.

Italy ranks 24th of 35 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Net operating balance, Transactions in Italy, year by year

Annual values for Net operating balance, Transactions (Statement of operations, General government) in Italy, 1999 to 2025.
Year Value Change
1999 -12.91 billion
2000 -22.72 billion +76.0%
2001 -32.52 billion +43.1%
2002 -37.15 billion +14.2%
2003 -36.54 billion -1.6%
2004 -39.98 billion +9.4%
2005 -51.58 billion +29.0%
2006 -46.55 billion -9.7%
2007 -12.97 billion -72.1%
2008 -35.37 billion +172.6%
2009 -67.86 billion +91.8%
2010 -65.22 billion -3.9%
2011 -60.16 billion -7.8%
2012 -55.57 billion -7.6%
2013 -55.77 billion +0.4%
2014 -57.33 billion +2.8%
2015 -49.52 billion -13.6%
2016 -51.51 billion +4.0%
2017 -55.26 billion +7.3%
2018 -50.88 billion -7.9%
2019 -34.26 billion -32.7%
2020 -161.00 billion +369.9%
2021 -163.50 billion +1.5%
2022 -158.56 billion -3.0%
2023 -143.50 billion -9.5%
2024 -53.78 billion -62.5%
2025 -42.76 billion -20.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s -12.91 billion -12.91 billion -12.91 billion 1
2000s -38.33 billion -67.86 billion -12.97 billion 10
2010s -53.55 billion -65.22 billion -34.26 billion 10
2020s -120.52 billion -163.50 billion -42.76 billion 6

Countries ranked near Italy

  1. 21 Canada -26.33 billion compare
  2. 22 Belgium -28.03 billion compare
  3. 23 Spain -30.51 billion compare
  4. 25 Czechia -67.87 billion compare
  5. 26 Iceland -76.07 billion compare
  6. 27 Romania -76.51 billion compare

See the full ranking of 35 places →

More public sector data for Italy

All data for Italy →

Frequently asked questions

What is net operating balance, transactions in Italy?
Net operating balance, transactions in Italy was -42.76 billion in 2025, according to International Monetary Fund.
What is the highest net operating balance, transactions recorded in Italy?
The highest recorded value was -12.91 billion in 1999.
What is the lowest net operating balance, transactions recorded in Italy?
The lowest recorded value was -163.50 billion in 2021.
How does Italy rank for net operating balance, transactions?
Italy ranks 24th out of 35 countries with data for 2025.
Is net operating balance, transactions rising or falling in Italy?
Over the last ten years it is up 13.6%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from International Monetary Fund, published as part of Net operating balance, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net operating balance, Transactions in Italy. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/net-operating-balance-transactions-statement-of-operations-general-government/italy/

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About this data

Indicator
Net 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.