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A request that this article title be changed to List of countries by past government spending is under ... Italy: 9.85 11.10 14.35 12.58 13.89 18.79 14.16 38.11 ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
The average annual gross salary in Italy was €41,646 ($44,893) in 2022, [208] placing the country at the twenty-first position in the OECD area, with lower wages compared to the EU average. Many Italians still face significant challenges in meeting basic living expenses due to high living costs and regional economic disparities.
This is a list of countries by spending on social welfare. ... Italy: 28.2 28.9 ... OECD Average 20.9 21
The chart below is older (2020 data) and breaks down the voluntary spending further by separating out-of-pocket payments. In this chart the items are stacked by color. There are a few other countries than just OECD countries. [2] [3] Click to enlarge. Timeline of a few OECD countries: Health care cost as percent of GDP (total economy of a ...
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
Image source: Getty Images. On average, American families spent $6,440 a month -- $77,280 a year -- in 2023. Housing is the largest expenditure, followed by transportation and food.
According to the Organisation for Economic Co-operation and Development, ″Gross domestic spending on R&D is defined as the total expenditure (current and capital) on R&D carried out by all resident companies, research institutes, university and government laboratories, etc., in a country.