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Government > Spending Stats: compare key data on Italy & Japan

Definitions

  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Italy Japan HISTORY
Expense > % of GDP 40.25%
Ranked 13th. 3 times more than Japan
14.62%
Ranked 32nd.
Expense > Current LCU 631.13 billion
Ranked 29th.
63.87 trillion
Ranked 1st. 101 times more than Italy
Interest payments > % of expense 11.98%
Ranked 12th.
20.48%
Ranked 10th. 71% more than Italy
Interest payments > % of revenue 12.81%
Ranked 11th.
21.06%
Ranked 9th. 64% more than Italy
Interest payments > Current LCU 75.59 billion
Ranked 18th.
13.08 trillion
Ranked 1st. 173 times more than Italy
Subsidies and other transfers > % of expense 65.23%
Ranked 18th. 1% more than Japan
64.76%
Ranked 1st.
Subsidies and other transfers > Current LCU 411.71 billion
Ranked 22nd.
41.37 trillion
Ranked 1st. 100 times more than Italy

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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