Italy - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Italy was 1,592,570,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,735,480,000,000 in 2019 and a minimum value of 36,576,670,000 in 1970.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 36,576,670,000
1971 39,692,850,000
1972 43,457,260,000
1973 53,949,340,000
1974 69,764,450,000
1975 76,852,130,000
1976 97,869,740,000
1977 116,411,000,000
1978 135,299,000,000
1979 167,326,000,000
1980 217,152,000,000
1981 258,412,000,000
1982 302,875,000,000
1983 346,358,000,000
1984 399,743,000,000
1985 448,562,000,000
1986 487,440,000,000
1987 537,949,000,000
1988 600,045,000,000
1989 659,261,000,000
1990 730,636,000,000
1991 798,164,000,000
1992 841,282,000,000
1993 839,472,000,000
1994 885,521,000,000
1995 952,069,000,000
1996 998,488,000,000
1997 1,051,820,000,000
1998 1,104,310,000,000
1999 1,154,220,000,000
2000 1,230,960,000,000
2001 1,287,660,000,000
2002 1,340,040,000,000
2003 1,388,340,000,000
2004 1,443,760,000,000
2005 1,495,110,000,000
2006 1,565,440,000,000
2007 1,620,320,000,000
2008 1,650,270,000,000
2009 1,587,040,000,000
2010 1,641,220,000,000
2011 1,671,850,000,000
2012 1,606,430,000,000
2013 1,574,060,000,000
2014 1,580,280,000,000
2015 1,605,470,000,000
2016 1,640,030,000,000
2017 1,686,870,000,000
2018 1,728,810,000,000
2019 1,735,480,000,000
2020 1,592,570,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts