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Government > Spending Stats: compare key data on Italy & United States

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Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • 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."
  • Goods and services expense > % of expense: 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.
  • 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.
  • 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."
  • Other expense > % of expense: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • 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 United States HISTORY
Compensation of employees > % of expense 15.42%
Ranked 63th. 28% more than United States
12.08%
Ranked 75th.

Compensation of employees > Current LCU 97.33 billion
Ranked 31st.
399.42 billion
Ranked 14th. 4 times more than Italy

Expense > % of GDP 40.25%
Ranked 13th. 55% more than United States
25.94%
Ranked 2nd.

Expense > Current LCU 631.13 billion
Ranked 29th.
3.7 trillion
Ranked 1st. 6 times more than Italy

Goods and services expense > % of expense 3.82%
Ranked 85th.
15.67%
Ranked 32nd. 4 times more than Italy

Goods and services expense > Current LCU 24.09 billion
Ranked 44th.
518.29 billion
Ranked 9th. 22 times more than Italy

Interest payments > % of expense 11.98%
Ranked 12th. 64% more than United States
7.31%
Ranked 3rd.

Interest payments > % of revenue 12.81%
Ranked 11th. 7% more than United States
11.93%
Ranked 1st.

Interest payments > Current LCU 75.59 billion
Ranked 18th.
270.49 billion
Ranked 1st. 4 times more than Italy

Other expense > % of expense 5.21%
Ranked 51st.
26.91%
Ranked 1st. 5 times more than Italy

Other expense > Current LCU 32.86 billion
Ranked 29th.
995.12 billion
Ranked 1st. 30 times more than Italy

Subsidies and other transfers > % of expense 65.23%
Ranked 18th.
69.14%
Ranked 1st. 6% more than Italy

Subsidies and other transfers > Current LCU 411.71 billion
Ranked 22nd.
2.56 trillion
Ranked 1st. 6 times more than Italy

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

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