The general government's net lending/borrowing indicates the difference between the government's total revenue minus the total expenditure. In the case of a budget deficit, the government resorts to debt to cover the public spending. Italy's budget deficit had reduced from ** billion euros to ** billion euros in the period 2010-2019, before plummeting to *** billion euros due to the COVID-19 crisis. In 2023, the budget deficit reached around *** billion euros, seven percent of the country's GDP.
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Eurostat. (October 21, 2024). Budget balance of Italy between 2010 and 2023 (in million euros) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1574122/italy-budget-balance/
Eurostat. "Budget balance of Italy between 2010 and 2023 (in million euros)." Chart. October 21, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1574122/italy-budget-balance/
Eurostat. (2024). Budget balance of Italy between 2010 and 2023 (in million euros). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1574122/italy-budget-balance/
Eurostat. "Budget Balance of Italy between 2010 and 2023 (in Million Euros)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Oct 2024, /statistics/1574122/italy-budget-balance/
Eurostat, Budget balance of Italy between 2010 and 2023 (in million euros) ÌÇÐÄÆƽâ°æ, /statistics/1574122/italy-budget-balance/ (last visited July 22, 2026)
Budget balance of Italy between 2010 and 2023 (in million euros) [Graph], Eurostat, October 21, 2024. [Online]. Available: /statistics/1574122/italy-budget-balance/
