World Economic Outlook Database, October 2013

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5. Report for Selected Countries and Subjects

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       Shaded cells indicate IMF staff estimates
CountrySubject DescriptorUnitsScaleCountry/Series-specific Notes20112012201320142015201620172018
ItalyGross domestic product, constant pricesNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/20131,423.6741,389.9481,365.2621,374.9831,389.5581,409.0121,428.7491,445.894
ItalyGross domestic product, constant pricesPercent change See notes for: 
Gross domestic product, constant prices (National currency).0.374-2.369-1.7760.7121.0601.4001.4011.200
ItalyGross domestic product, current pricesNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/20131,578.4981,565.9161,559.8791,591.9941,629.7851,675.7391,723.8511,770.182
ItalyGross domestic product, current pricesU.S. dollarsBillionsSee notes for: 
Gross domestic product, current prices (National currency).2,196.3342,014.0782,068.3662,147.9682,228.6432,316.7632,406.5682,495.395
ItalyGross domestic product, deflatorIndex See notes for: 
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).110.875112.660114.255115.783117.288118.930120.655122.428
ItalyGross domestic product per capita, constant pricesNational currencyUnitsSee notes for: 
Gross domestic product, constant prices (National currency)
Population (Persons).23,482.72422,853.20822,382.32722,483.13922,669.22822,940.63823,222.41023,468.127
ItalyGross domestic product per capita, current pricesNational currencyUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).26,036.46125,746.43325,572.90226,031.62326,588.29427,283.31928,018.89728,731.602
ItalyGross domestic product per capita, current pricesU.S. dollarsUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).36,227.33233,115.01333,909.12335,122.67636,358.05937,720.05939,115.54640,502.443
ItalyOutput gap in percent of potential GDPPercent of potential GDP See notes for: 
Gross domestic product, constant prices (National currency).-1.805-3.396-4.786-4.034-3.202-2.102-1.105-0.398
ItalyGross domestic product based on purchasing-power-parity (PPP) valuation of country GDPCurrent international dollarBillionsSee notes for: 
Gross domestic product, current prices (National currency).1,825.2711,813.1751,805.3971,848.0131,905.8271,972.6102,041.5402,108.546
ItalyGross domestic product based on purchasing-power-parity (PPP) per capita GDPCurrent international dollarUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).30,106.85129,811.81029,597.96830,217.92931,091.64732,116.77833,182.50034,223.543
ItalyGross domestic product based on purchasing-power-parity (PPP) share of world totalPercent See notes for: 
Gross domestic product, current prices (National currency).2.3002.1792.0822.0261.9701.9201.8711.819
ItalyImplied PPP conversion rateNational currency per current international dollar See notes for: 
Gross domestic product, current prices (National currency).0.8650.8640.8640.8610.8550.8500.8440.840
ItalyTotal investmentPercent of GDP Source: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/201319.49417.62117.42317.70918.21918.72819.12319.330
ItalyGross national savingsPercent of GDP Source: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/201316.43716.88317.41217.91518.18418.30118.38318.249
ItalyInflation, average consumer pricesIndex Source: National Statistical Office
Latest actual data: 2012
Harmonized prices: Yes
Frequency of source data: Monthly
Base year: 2005
Primary domestic currency: Euros
Data last updated: 09/2013113.767117.525119.425120.959122.350123.940125.688127.586
ItalyInflation, average consumer pricesPercent change See notes for: 
Inflation, average consumer prices (Index).2.9023.3041.6161.2841.1501.3001.4101.510
ItalyInflation, end of period consumer pricesIndex Source: National Statistical Office
Latest actual data: 2012
Harmonized prices: Yes
Frequency of source data: Monthly
Base year: 2005
Primary domestic currency: Euros
Data last updated: 09/2013116.300119.300120.829122.185123.591125.197126.963128.880
ItalyInflation, end of period consumer pricesPercent change See notes for: 
Inflation, end of period consumer prices (Index).3.6542.5801.2821.1231.1501.3001.4101.510
ItalyVolume of imports of goods and servicesPercent change Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/20130.459-7.739-4.2880.5432.8003.8003.8003.840
ItalyVolume of Imports of goodsPercent change Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/20131.019-8.330-3.9830.5432.8003.8003.8003.840
ItalyVolume of exports of goods and servicesPercent change Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/20135.8992.328-0.6332.3353.3003.7003.8004.000
ItalyVolume of exports of goodsPercent change Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/20136.7741.891-0.1002.3353.4003.8003.9004.100
ItalyUnemployment ratePercent of total labor force Source: National Statistical Office
Latest actual data: 2012
Employment type: Harmonized ILO definition
Primary domestic currency: Euros
Data last updated: 09/20138.42510.67512.50012.40012.00011.20010.4009.800
ItalyEmploymentPersonsMillionsSource: National Statistical Office
Latest actual data: 2012
Employment type: Harmonized ILO definition
Primary domestic currency: Euros
Data last updated: 09/201322.96222.90522.66122.801n/an/an/an/a
ItalyPopulationPersonsMillionsSource: National Statistical Office
Latest actual data: 2012
Primary domestic currency: Euros
Data last updated: 09/201360.62660.82160.99761.15661.29761.42061.52561.611
ItalyGeneral government revenueNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013728.836746.837746.976763.404782.803806.616831.589855.707
ItalyGeneral government revenuePercent of GDP See notes for: 
General government revenue (National currency).46.17347.69347.88747.95348.03148.13548.24048.340
ItalyGeneral government total expenditureNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013786.994792.504797.433796.643811.891824.530840.645858.453
ItalyGeneral government total expenditurePercent of GDP See notes for: 
General government total expenditure (National currency).49.85750.61051.12150.04149.81649.20448.76548.495
ItalyGeneral government net lending/borrowingNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013-58.158-45.667-50.456-33.240-29.088-17.914-9.055-2.745
ItalyGeneral government net lending/borrowingPercent of GDP See notes for: 
General government net lending/borrowing (National currency).-3.684-2.916-3.235-2.088-1.785-1.069-0.525-0.155
ItalyGeneral government structural balanceNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013-56.347-21.101-3.484-0.254-0.237-0.1140.1410.030
ItalyGeneral government structural balancePercent of potential GDP See notes for: 
General government structural balance (National currency).-3.505-1.302-0.213-0.015-0.014-0.0070.0080.002
ItalyGeneral government primary net lending/borrowingNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/201315.12435.86330.42348.56356.32073.11385.46895.877
ItalyGeneral government primary net lending/borrowingPercent of GDP See notes for: 
General government primary net lending/borrowing (National currency).0.9582.2901.9503.0503.4564.3634.9585.416
ItalyGeneral government net debtNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/20131,619.3791,660.9001,723.4081,770.3021,794.5991,809.5621,817.1261,819.420
ItalyGeneral government net debtPercent of GDP See notes for: 
General government net debt (National currency).102.590106.066110.483111.200110.113107.986105.411102.781
ItalyGeneral government gross debtNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/20131,906.8461,988.3632,063.1942,119.3342,148.4222,166.3352,175.3912,178.136
ItalyGeneral government gross debtPercent of GDP See notes for: 
General government gross debt (National currency).120.801126.978132.266133.124131.822129.276126.194123.046
ItalyGross domestic product corresponding to fiscal year, current pricesNational currencyBillionsSource: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/20131,578.4981,565.9161,559.8791,591.9941,629.7851,675.7391,723.8511,770.182
ItalyCurrent account balanceU.S. dollarsBillionsSource: National Statistical Office
Latest actual data: 2012
Primary domestic currency: Euros
Data last updated: 09/2013-67.152-14.881-0.2254.423-0.784-9.885-17.820-26.984
ItalyCurrent account balancePercent of GDP See notes for: 
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).-3.057-0.739-0.0110.206-0.035-0.427-0.740-1.081
Notes
  Country/Series-specific Notes  
  Italy: Gross domestic product, constant prices (National currency)
Source: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Gross domestic product, constant prices (Percent change)
See notes for:
Gross domestic product, constant prices (National currency).


Italy: Gross domestic product, current prices (National currency)
Source: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Gross domestic product, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency).


Italy: Gross domestic product, deflator (Index)
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).


Italy: Gross domestic product per capita, constant prices (National currency)
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).


Italy: Gross domestic product per capita, current prices (National currency)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Italy: Gross domestic product per capita, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Italy: Output gap in percent of potential GDP (Percent of potential GDP)
See notes for:
Gross domestic product, constant prices (National currency).


Italy: Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


Italy: Gross domestic product based on purchasing-power-parity (PPP) per capita GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Italy: Gross domestic product based on purchasing-power-parity (PPP) share of world total (Percent)
See notes for:
Gross domestic product, current prices (National currency).


Italy: Implied PPP conversion rate (National currency per current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


Italy: Total investment (Percent of GDP)
Source: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Gross national savings (Percent of GDP)
Source: National Statistical Office
Latest actual data: 2012
GDP valuation: Gross domestic product, chained
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: Yes, from 1980
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Inflation, average consumer prices (Index)
Source: National Statistical Office
Latest actual data: 2012
Harmonized prices: Yes
Frequency of source data: Monthly
Base year: 2005
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Inflation, average consumer prices (Percent change)
See notes for:
Inflation, average consumer prices (Index).


Italy: Inflation, end of period consumer prices (Index)
Source: National Statistical Office
Latest actual data: 2012
Harmonized prices: Yes
Frequency of source data: Monthly
Base year: 2005
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Inflation, end of period consumer prices (Percent change)
See notes for:
Inflation, end of period consumer prices (Index).


Italy: Volume of imports of goods and services (Percent change)
Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Volume of Imports of goods (Percent change)
Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Volume of exports of goods and services (Percent change)
Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Volume of exports of goods (Percent change)
Source: National Statistical Office
Latest actual data: 2012
Base year: 2005
Methodology used to derive volumes: Deflation by unit value indexes (from customs data)
Chain-weighted: Yes, from 2000
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Unemployment rate (Percent of total labor force)
Source: National Statistical Office
Latest actual data: 2012
Employment type: Harmonized ILO definition
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Employment (Persons)
Source: National Statistical Office
Latest actual data: 2012
Employment type: Harmonized ILO definition
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Population (Persons)
Source: National Statistical Office
Latest actual data: 2012
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government revenue (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government revenue (Percent of GDP)
See notes for:
General government revenue (National currency).


Italy: General government total expenditure (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government total expenditure (Percent of GDP)
See notes for:
General government total expenditure (National currency).


Italy: General government net lending/borrowing (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government net lending/borrowing (Percent of GDP)
See notes for:
General government net lending/borrowing (National currency).


Italy: General government structural balance (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government structural balance (Percent of potential GDP)
See notes for:
General government structural balance (National currency).


Italy: General government primary net lending/borrowing (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government primary net lending/borrowing (Percent of GDP)
See notes for:
General government primary net lending/borrowing (National currency).


Italy: General government net debt (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government net debt (Percent of GDP)
See notes for:
General government net debt (National currency).


Italy: General government gross debt (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: General government gross debt (Percent of GDP)
See notes for:
General government gross debt (National currency).


Italy: Gross domestic product corresponding to fiscal year, current prices (National currency)
Source: National Statistical Office
Latest actual data: 2012
Fiscal assumptions: Fiscal projections incorporate the government’s announced fiscal policy, as outlined in the April 2013 update to the government’s Economic and Financial Document, adjusted for different growth outlooks. The 2013 deficit also incorporates the impact of repealing the December property tax payment, a measure which has been announced but not yet funded. After 2014, staff projects a constant structural balance in line with Italy’s fiscal rule, which implies small corrective measures in some years, as yet unidentified in the government’s Economic and Financial Document.
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Noncash (accrual)
General government includes: Central Government;Local Government;Social Security Funds;State Government;
Valuation of public debt: Face value
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Current account balance (U.S. dollars)
Source: National Statistical Office
Latest actual data: 2012
Primary domestic currency: Euros
Data last updated: 09/2013


Italy: Current account balance (Percent of GDP)
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).


 
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