Subsidies and other transfers in Italy
Italy: Subsidies and other transfers was 63.3% in 2023. ▲ Rising
Subsidies and other transfers in Italy, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Italy stood at 63.3%.
The figure is down 0.7% on the previous year and down 5.6% over ten years.
Over the whole period, subsidies and other transfers in Italy peaked at 69.8% in 2020 and was at its lowest, 54.9%, in 1995.
That places Italy 23rd out of 152 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Subsidies and other transfers in Italy, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 54.9% | — |
| 1996 | 55.9% | +1.9% |
| 1997 | 58.8% | +5.2% |
| 1998 | 58.1% | -1.1% |
| 1999 | 61.4% | +5.5% |
| 2000 | 60.8% | -0.9% |
| 2001 | 60.6% | -0.4% |
| 2002 | 61.6% | +1.8% |
| 2003 | 62.2% | +0.9% |
| 2004 | 63.6% | +2.2% |
| 2005 | 63.6% | +0.0% |
| 2006 | 62.5% | -1.8% |
| 2007 | 64.1% | +2.5% |
| 2008 | 65.0% | +1.5% |
| 2009 | 66.9% | +2.8% |
| 2010 | 67.1% | +0.3% |
| 2011 | 66.6% | -0.8% |
| 2012 | 65.8% | -1.1% |
| 2013 | 67.1% | +2.0% |
| 2014 | 67.2% | +0.1% |
| 2015 | 67.3% | +0.2% |
| 2016 | 68.9% | +2.4% |
| 2017 | 67.4% | -2.2% |
| 2018 | 68.6% | +1.7% |
| 2019 | 69.3% | +1.0% |
| 2020 | 69.8% | +0.8% |
| 2021 | 65.1% | -6.7% |
| 2022 | 63.7% | -2.2% |
| 2023 | 63.3% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 57.8% | 54.9% | 61.4% | 5 |
| 2000s | 63.1% | 60.6% | 66.9% | 10 |
| 2010s | 67.5% | 65.8% | 69.3% | 10 |
| 2020s | 65.5% | 63.3% | 69.8% | 4 |
Countries ranked near Italy
More public sector data for Italy
- Arms imports 432.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 432.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 643.98 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0159 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 2.79 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 37.96 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,640 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Italy?
- Subsidies and other transfers in Italy was 63.3% in 2023, 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 69.8% in 2020.
- What is the lowest subsidies and other transfers recorded in Italy?
- The lowest recorded value was 54.9% in 1995.
- How does Italy rank for subsidies and other transfers?
- Italy ranks 23rd out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Italy?
- Over the last ten years it is down 5.6%. 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 (% of expense). Statizoid updates them automatically from the source API.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.