Italy — Central government deficit (% of GDP)

% of GDP · Annual · 1862–2025 · 163 observations

About this series

The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.

The latest central government deficit reading for Italy was −3.5% of GDP in 2025. The previous reading was −3.9% of GDP in 2024; the period change was +0.4 percentage points. The latest reading was above the selected 10-year average of −5.13% of GDP.

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Get the full series

  • Annual data, 1862–2025
  • All 3 sources, downloadable

Latest observations

2000–2025

PeriodValue
2025-3.5 % of GDP
2024-3.9 % of GDP
2023-7.6 % of GDP
2022-8.1 % of GDP
2021-9 % of GDP
15 earlier values
2020-9.4 % of GDP
2019-1.7 % of GDP
2018-2.5 % of GDP
2017-2.9 % of GDP
2016-2.7 % of GDP
2015-3 % of GDP
2014-3.1 % of GDP
2013-3.1 % of GDP
2012-3.5 % of GDP
2011-3.5 % of GDP
2010-4 % of GDP
2009-4.6 % of GDP
2008-2.6 % of GDP
2007-1.8 % of GDP
2006-2.8 % of GDP

Values before 2006, back to 2000, are on the chart — hover to read them.

Data release 2026_08_27_1049, published 30 Sept 2026.