Subsidies, payable, Ratio of this level of government's expenditure in Italy
Italy: Subsidies, payable, Ratio of this level of government's expenditure was 0.5848 in 2020. ▲ Rising
Subsidies, payable, Ratio of this level of government's expenditure in Italy, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, subsidies, payable, ratio of this level of government's expenditure in Italy stood at 0.5848.
Compared with earlier readings it is up 0.5% on the previous year and up 21.1% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Italy peaked at 0.6083 in 2016 and was at its lowest, 0.3781, in 2002.
That places Italy 53rd out of 75 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Subsidies, payable, Ratio of this level of government's expenditure in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.4908 | — |
| 1996 | 0.5183 | +5.6% |
| 1997 | 0.4671 | -9.9% |
| 1998 | 0.5771 | +23.5% |
| 1999 | 0.5568 | -3.5% |
| 2000 | 0.498 | -10.6% |
| 2001 | 0.4409 | -11.5% |
| 2002 | 0.3781 | -14.3% |
| 2003 | 0.4222 | +11.7% |
| 2004 | 0.4367 | +3.4% |
| 2005 | 0.4341 | -0.6% |
| 2006 | 0.4436 | +2.2% |
| 2007 | 0.5006 | +12.8% |
| 2008 | 0.451 | -9.9% |
| 2009 | 0.4722 | +4.7% |
| 2010 | 0.4827 | +2.2% |
| 2011 | 0.5188 | +7.5% |
| 2012 | 0.553 | +6.6% |
| 2013 | 0.5658 | +2.3% |
| 2014 | 0.5822 | +2.9% |
| 2015 | 0.5634 | -3.2% |
| 2016 | 0.6083 | +8.0% |
| 2017 | 0.6015 | -1.1% |
| 2018 | 0.5862 | -2.5% |
| 2019 | 0.5818 | -0.7% |
| 2020 | 0.5848 | +0.5% |
Italy compared with similar countries
- Italy's 0.5848 is below the median for high income countries, which is 0.7517, 78% of the median. (42 countries reporting)
- Italy's 0.5848 is below the median for Europe & Central Asia, which is 0.7742, 76% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.522 | 0.4671 | 0.5771 | 5 |
| 2000s | 0.4477 | 0.3781 | 0.5006 | 10 |
| 2010s | 0.5644 | 0.4827 | 0.6083 | 10 |
| 2020s | 0.5848 | 0.5848 | 0.5848 | 1 |
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, payable, ratio of this level of government's expenditure in Italy?
- Subsidies, payable, ratio of this level of government's expenditure in Italy was 0.5848 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Italy?
- The highest recorded value was 0.6083 in 2016.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Italy?
- The lowest recorded value was 0.3781 in 2002.
- How does Italy rank for subsidies, payable, ratio of this level of government's expenditure?
- Italy ranks 53rd out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Italy?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from International Monetary Fund, published as part of Subsidies, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.