Italy—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #88 of 192Updated August 2026
Latest Value
-2.7%
2031
YoY Change
-8.0%
2030 → 2031
Global Rank
#88
of 192 countries
Maximum
-1.3%
2007
Minimum
-9.4%
2020
Last
-2.7%
Previous
-2.5%
Highest
-1.3%
Lowest
-9.4%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Italy's fiscal balance (% of GDP) was -2.8% in 2026, ranking #88 out of 192 countries. This represents a -8.0% change from 2030. Over the past 27 years, the highest recorded value was -1.3% (2007) and the lowest was -9.4% (2020). The IMF WEO projects -2.7% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -2.7% | -8.0% |
| 2030 | -2.5% | +0.0% |
| 2029 | -2.5% | -4.2% |
| 2028 | -2.4% | +7.7% |
| 2027 | -2.6% | +7.1% |
| 2026 | -2.8% | +9.7% |
| 2025 | -3.1% | +8.8% |
| 2024 | -3.4% | +52.1% |
| 2023 | -7.1% | +12.3% |
| 2022 | -8.1% | +9.0% |
| 2021 | -8.9% | +5.3% |
| 2020 | -9.4% | -526.7% |
| 2019 | -1.5% | +31.8% |
| 2018 | -2.2% | +12.0% |
| 2017 | -2.5% | -4.2% |
| 2016 | -2.4% | +4.0% |
| 2015 | -2.5% | +10.7% |
| 2014 | -2.8% | +3.4% |
| 2013 | -2.9% | +3.3% |
| 2012 | -3.0% | +14.3% |
| 2011 | -3.5% | +16.7% |
| 2010 | -4.2% | +17.6% |
| 2009 | -5.1% | -96.2% |
| 2008 | -2.6% | -100.0% |
| 2007 | -1.3% | +63.9% |
| 2006 | -3.6% | +12.2% |
| 2005 | -4.1% | -17.1% |
| 2004 | -3.5% | -9.4% |
| 2003 | -3.2% | -10.3% |
| 2002 | -2.9% | +9.4% |
| 2001 | -3.2% | -33.3% |
| 2000 | -2.4% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -2.8% | +9.7% |
| 2027Forecast | -2.6% | +7.1% |
| 2028Forecast | -2.4% | +7.7% |
| 2029Forecast | -2.5% | -4.2% |
| 2030Forecast | -2.5% | +0.0% |
| 2031Forecast | -2.7% | -8.0% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP