Italy | Goods and services expense (current LCU)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Italian Republic
Records
63
Source
Italy | Goods and services expense (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
943566754.63649 1973
1207992686.9703 1974
1329876515.1554 1975
1478616102.0932 1976
1833938448.6668 1977
2513079270.9694 1978
3306873524.87 1979
4245792167.4147 1980
1981
1982
1983
1984
1985
9623141400.7344 1986
10414353370.139 1987
12644414260.408 1988
12009172274.528 1989
13173782581.975 1990
13200638340.727 1991
14035749146.555 1992
16033920889.132 1993
16023075294.251 1994
16578881660.327 1995
16394370587.233 1996
16353384673.837 1997
17554406527.287 1998
18278858775.97 1999
19675671080.447 2000
22008442981.374 2001
21419588571.704 2002
23054915662.76 2003
23499692932.881 2004
24574227501.14 2005
22934274994.874 2006
22989681045.993 2007
24213363140.61 2008
24306372943.429 2009
24023581703.189 2010
22913627011.351 2011
22105271627.768 2012
23034325259.915 2013
22229787359.949 2014
23973967315.104 2015
24465557278.646 2016
25449497767.701 2017
25726405265.654 2018
25706622302.389 2019
24558532563.844 2020
26219892756.606 2021
2022
Italy | Goods and services expense (current LCU)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Italian Republic
Records
63
Source