Subsidies and other transfers (% of expense) in Italy

The Subsidies and other transfers (% of expense) in Italy was 66.43 in 2009, according to a World Bank report, published in 2010. The Subsidies and other transfers (% of expense) in Italy was reported at 64.83 in 2008, according to the World Bank. Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.This page includes a historical data chart, news and forecasts for Subsidies and other transfers (% of expense) in Italy. Italy is a member of the G8 group of leading industrialized countries. Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, welfare-dependent, agricultural south, with high unemployment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises.

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