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[NEWS] Budget of the Kingdom of Italy Fiscal Year 1932
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| Category | Information |
|---|---|
| Budget Year | 1932 |
| Country Name | The Kingdom of Italy |
| Category | Information |
|---|---|
| Nominal GDP | $40,488,190,381.76 |
| GDP Growth | 3.20% |
| Budget Size | $12,146,457,114.53 |
| Population | 41,417,523.49 |
| GDP Per Capita | $977.56 |
| Category | Information |
|---|---|
| Taxes [%GDP] | 38.00% |
| Spending [%GDP] | 30.00% |
| Deficit/Surplus [USD] | $3,239,055,230.54 |
| Category | Information |
|---|---|
| 1931's Debt | $29,605,452,683.20 |
| New Bonds (Debt) Issued | -$3,239,055,230.54 |
| Total Government Debt | $26,366,397,452.66 |
| Debt to GDP % | 65.12% |
| Credit Rating | BBB |
| Interest Paid on Debt | 3.00% |
| Spending Categories | % of Budget | % of GDP | Before Fixed Costs | Fixed Costs | Available in USD |
|---|---|---|---|---|---|
| Government Function | 10.00% | 3.00% | $1,214,645,711.45 | 85.00% | $182,196,856.72 |
| Defense | 15.00% | 4.50% | $1,821,968,567.18 | 60.00% | $728,787,426.87 |
| Infrastructure & Transportation | 8.74% | 2.62% | $1,061,600,351.81 | 70.00% | $318,480,105.54 |
| Welfare | 3.50% | 1.05% | $425,125,999.01 | 97.00% | $12,753,779.97 |
| Health Care | 15.00% | 4.50% | $1,821,968,567.18 | 90.00% | $182,196,856.72 |
| Social Security | 7.50% | 2.25% | $910,984,283.59 | 98.00% | $18,219,685.67 |
| Energy | 4.50% | 1.35% | $546,590,570.15 | 70.00% | $163,977,171.05 |
| Research, Science & Technology | 8.00% | 2.40% | $971,716,569.16 | 45.00% | $534,444,113.04 |
| Education | 7.50% | 2.25% | $910,984,283.59 | 75.00% | $227,746,070.90 |
| Resources & Agriculture | 9.00% | 2.70% | $1,093,181,140.31 | 85.00% | $163,977,171.05 |
| Environment | 1.25% | 0.38% | $151,830,713.93 | 70.00% | $45,549,214.18 |
| Foreign Aid | 1.50% | 0.45% | $182,196,856.72 | 10.00% | $163,977,171.05 |
| Other | 2.00% | 0.60% | $242,929,142.29 | 0.00% | $242,929,142.29 |
| Interest Payments | 6.51% | 1.95% | $790,991,923.58 | 100.00% | $0.00 |
| Total Percent of Budget Allocated: | 100.00% |
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