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Italy — Combined government deficit (% of GDP)

% of GDP · Annual · 1862–2031 · 170 observations

About this series

The combined 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. WED's combined-government scope requires source metadata. This series expresses that measure as a percentage of GDP for the matching period.

Italy's combined government deficit reading was −3.1% of GDP in 2025. The period change from −3.4% of GDP in 2024 was +0.3 percentage points. The latest reading was above the selected 10-year average of −4.86% of GDP.

-40-30-20-100101862200020102031% of GDPSubscribe to view

Get the full series

  • Annual data, 1862–2031
  • Quarterly data, 1999–2026
  • The underlying source, downloadable

Latest observations

2000–2031

PeriodValue
2031-2.71 % of GDP
2030-2.49 % of GDP
2029-2.52 % of GDP
2028-2.38 % of GDP
2027-2.94 % of GDP
15 earlier values
2026-2.91 % of GDP
2025-3.1 % of GDP
2024-3.4 % of GDP
2023-7.1 % of GDP
2022-8.1 % of GDP
2021-8.9 % of GDP
2020-9.4 % of GDP
2019-1.5 % of GDP
2018-2.2 % of GDP
2017-2.5 % of GDP
2016-2.4 % of GDP
2015-2.5 % of GDP
2014-2.8 % of GDP
2013-2.9 % of GDP
2012-3 % of GDP

Values before 2012, back to 2000, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.