Balbo is a surname. Notable people with the surname include:
Abel Balbo (born 1966), Argentine football managerCesare Balbo (1789-1853), Count of Vinadio, Italian writer and statesmanEnnio Balbo (1922–1989), Italian film actorGiuseppe Balbo (1902–1980), Italian painterItalo Balbo (1896-1940), Italian Blackshirt leader, Italy's Marshal of the Air Force, Governor-General of Libya and Commander-in-Chief of Italian North AfricaJulien Balbo (born 1979), French squash playerNed Balbo (born 1959), American poet, translator and essayist