Subsidies and other transfers (current LCU) in Italy
Italy: Subsidies and other transfers (current LCU) was 665.27 billion current LCU in 2024. ▲ Rising
Subsidies and other transfers in Italy, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, subsidies and other transfers in Italy stood at 665.27 billion current LCU. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 38.9% over ten years.
Over the whole period, subsidies and other transfers in Italy peaked at 665.27 billion current LCU in 2024 and was at its lowest, 261.12 billion current LCU, in 1995.
Italy ranks 52nd of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Subsidies and other transfers (current LCU) in Italy, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 261.12 billion current LCU | — |
| 1996 | 277.27 billion current LCU | +6.2% |
| 1997 | 289.61 billion current LCU | +4.4% |
| 1998 | 272.80 billion current LCU | -5.8% |
| 1999 | 295.62 billion current LCU | +8.4% |
| 2000 | 298.09 billion current LCU | +0.8% |
| 2001 | 316.02 billion current LCU | +6.0% |
| 2002 | 328.77 billion current LCU | +4.0% |
| 2003 | 343.94 billion current LCU | +4.6% |
| 2004 | 358.84 billion current LCU | +4.3% |
| 2005 | 372.45 billion current LCU | +3.8% |
| 2006 | 386.18 billion current LCU | +3.7% |
| 2007 | 405.98 billion current LCU | +5.1% |
| 2008 | 433.63 billion current LCU | +6.8% |
| 2009 | 466.39 billion current LCU | +7.6% |
| 2010 | 463.32 billion current LCU | -0.7% |
| 2011 | 461.42 billion current LCU | -0.4% |
| 2012 | 467.36 billion current LCU | +1.3% |
| 2013 | 475.94 billion current LCU | +1.8% |
| 2014 | 478.91 billion current LCU | +0.6% |
| 2015 | 487.30 billion current LCU | +1.8% |
| 2016 | 507.58 billion current LCU | +4.2% |
| 2017 | 505.19 billion current LCU | -0.5% |
| 2018 | 518.23 billion current LCU | +2.6% |
| 2019 | 528.65 billion current LCU | +2.0% |
| 2020 | 587.03 billion current LCU | +11.0% |
| 2021 | 596.00 billion current LCU | +1.5% |
| 2022 | 616.00 billion current LCU | +3.4% |
| 2023 | 641.43 billion current LCU | +4.1% |
| 2024 | 665.27 billion current LCU | +3.7% |
Italy compared with similar countries
- Italy's 665.27 billion current LCU is above the median for high income countries, which is 61.98 billion current LCU, 10.7× the median. (57 countries reporting)
- Italy's 665.27 billion current LCU is above the median for Europe & Central Asia, which is 139.03 billion current LCU, 4.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 279.28 billion current LCU | 261.12 billion current LCU | 295.62 billion current LCU | 5 |
| 2000s | 371.03 billion current LCU | 298.09 billion current LCU | 466.39 billion current LCU | 10 |
| 2010s | 489.39 billion current LCU | 461.42 billion current LCU | 528.65 billion current LCU | 10 |
| 2020s | 621.14 billion current LCU | 587.03 billion current LCU | 665.27 billion current LCU | 5 |
Countries ranked near Italy
More public sector data for Italy
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 566.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 7.33 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -10.93 % change on previous year (2024)
Frequently asked questions
- What is subsidies and other transfers in Italy?
- Subsidies and other transfers in Italy was 665.27 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Italy?
- The highest recorded value was 665.27 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Italy?
- The lowest recorded value was 261.12 billion current LCU in 1995.
- How does Italy rank for subsidies and other transfers?
- Italy ranks 52nd out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Italy?
- Over the last ten years it is up 38.9%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.