Trend of budget, budget per capita and budget size index (B index) in Italy
1.Italy national budget like as most of EU zone state can describe and analyzing in Euro and dollar. In 2018 Italy budget in Euro is 800 billion euro and by looking to its trend in last 20 years, it was obviously always ascended, such a way that, it had increase 43% in comparison with 2000. We must know in UK, France and Germany this rate was bigger than of Italy in the same time.
2.But in dollar, Italian national budget has big fluctuated in some years. Although, Italy budget growth in 2018, in comparison with 2000, is 96% but in comparison with 2008 (beginning of world economic crisis) it had 10% downfall. In 2018, Italy budget in dollar equal to 980 billion dollar and in 2008 they have 1080 billion dollar. Italy most downfall happened in during of 2008-2010 (even they have contraction budget in euro at the same time) and in 2012 & 2015. The downfall of the dollar budget in 2015 fully depends to euro and dollar tension, but in last 4 years it had increased flow. It seems that by attention to the China and us economic War, Eurozone and euro currency has enough opportunity for will be strengthen. Then, by euro strengthening against dollar we anticipate Italian budget in dollar will has increasing flow in next year.
3.Italy BPC or budget per capita in 2018 equal to $16100. it was $18200 in 2008 and $8800 in 2000. then it’s obvious that, Italy BPC in comparison with 20 years ago increased something close to 100%, but in comparison to 2008, it had 13% downfall. The Italy growing flow in national budget and population contraction, to a great extent, will be lead to BPC growing flow in 2019 and other next year’s. Italy BPC, encounter of UK is bigger and encounter of France, Germany and welfare state is smaller.
4.Although, the Italian national budget (in Euro and dollar) and their BPC, at least in last 3 years, had a rising flow, but they B index or budget size index in last 20 years had a decline flow, such that it has 24% downfall at 2018 in comparison to 2000. In fact, in addition to increase of budget amount, we must pay attention to population size for BPC management and welfare state BPC growth and its rate. Because the B index shown your distance from best BPC in welfare state. This index in Germany in last 20 years had increased flow and in UK too. But in France, like as Italy it had decreased flow.