Where does this data come from?

It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code IT.GOVBAL.Q.NSA.MEASURE-PCTGDP.

Italy General government fiscal balance, % of GDP, quarterly (unadjusted)

Name: Italy General government fiscal balance, % of GDP, quarterly (unadjusted)
Creator: Eurostat (Statistical Office of the European Union)

QuarterlyNot seasonally adjustedCode IT.GOVBAL.Q.NSA.MEASURE-PCTGDP

Latest−2.0%Q2 2026

Previous−8.9%Q1 2026

Year ago−2.1%Q2 2025

Italy General government fiscal balance, % of GDP, quarterly (unadjusted) was −2.0% in Q2 2026, up 6.9 percentage points from Q1 2026 and up 0.1 percentage points from a year earlier.

Over the past ten years it has ranged from −16.1% (Q1 2021) to 2.7% (Q4 2025), averaging −4.9%.

Italy General government fiscal balance, % of GDP, quarterly (unadjusted) (% of GDP), Q1 1999 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

Period	Value
Q2 2026	−2.0%
Q1 2026	−8.9%
Q4 2025	2.7%
Q3 2025	−4.2%
Q2 2025	−2.1%
Q1 2025	−9.4%
Q4 2024	1.5%
Q3 2024	−3.4%
Q2 2024	−2.8%
Q1 2024	−9.5%
Q4 2023	−5.4%
Q3 2023	−6.7%
Q2 2023	−4.3%
Q1 2023	−12.5%
Q4 2022	−5.3%
Q3 2022	−9.8%
Q2 2022	−4.9%
Q1 2022	−12.8%
Q4 2021	−4.7%
Q3 2021	−7.6%
Q2 2021	−8.3%
Q1 2021	−16.1%
Q4 2020	−5.2%
Q3 2020	−10.1%

Last 24 observations. The full history (110 observations) is available through the API.

Get Italy General government fiscal balance, % of GDP, quarterly (unadjusted) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IT.GOVBAL.Q.NSA.MEASURE-PCTGDP"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IT.GOVBAL.Q.NSA.MEASURE-PCTGDP",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]

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About this series

Latest observation	Q2 2026
First observation	Q1 1999
Observations	110
Frequency	Quarterly
Units	% of GDP
Adjustment	Not seasonally adjusted
10-year high	2.7% (Q4 2025)
10-year low	−16.1% (Q1 2021)
10-year average	−4.9%
Source agency	Eurostat (Statistical Office of the European Union)
Makrognosis code	IT.GOVBAL.Q.NSA.MEASURE-PCTGDP

More Italy GOVBAL series

Italy General government net lending (+) / net borrowing (-), quarterly (unadjusted, EUR mn)

Other Italy indicators

Italy GDP (Gross Domestic Product)Italy Gross domestic product, Current prices, million EUR Italy Inflation Rate (CPI)Italy Core Inflation Rate Italy Unemployment Rate Italy 10-Year Government Bond Yield Italy Credit Rating & Sovereign Risk Score Italy Industrial Production Italy Retail Sales Italy Producer Price Inflation (PPI)Italy Current account balance (BPM6, vs rest of world), not seasonally adjusted Italy Current account balance, % of GDP Italy Trade Balance: Goods & Services Italy Exports of goods and services, Current prices, million EUR Italy Exports of goods and services, chain-linked volume Italy Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current general government fiscal balance, % of GDP, quarterly (unadjusted) in Italy?: The latest reading is −2.0% for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?: It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code IT.GOVBAL.Q.NSA.MEASURE-PCTGDP.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Italy — General government fiscal balance, % of GDP, quarterly (unadjusted)”.