Italy Debt to GDP Ratio 1995-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Italy debt to gdp ratio for 2022 was 139.00%, a 25.25% decline from 2021.
  • Italy debt to gdp ratio for 2021 was 164.25%, a 11.88% decline from 2020.
  • Italy debt to gdp ratio for 2020 was 176.13%, a 28.56% increase from 2019.
  • Italy debt to gdp ratio for 2019 was 147.57%, a 7.66% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Japan 216.21%
Greece 203.29%
Singapore 157.36%
United Kingdom 142.28%
Italy 139.00%
Cyprus 125.92%
Portugal 119.40%
United States 110.39%
Spain 104.79%
France 98.66%
Belgium 94.04%
Iceland 87.52%
Bahamas 82.16%
Croatia 82.08%
Hungary 75.47%
Austria 75.05%
Latvia 73.87%
Slovenia 71.86%
Slovak Republic 64.51%
Finland 60.79%
Malta 59.11%
Australia 57.97%
Canada 56.09%
Netherlands 53.67%
South Korea 51.18%
Poland 50.15%
Czech Republic 46.82%
Ireland 46.71%
Germany 44.53%
Sweden 36.25%
Lithuania 36.05%
Norway 28.71%
Denmark 26.37%
Luxembourg 26.23%
Estonia 25.20%
Switzerland 18.15%
Italy Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 139.00% -25.25%
2021 164.25% -11.88%
2020 176.13% 28.56%
2019 147.57% 7.66%
2018 139.91% -5.18%
2017 145.08% -2.66%
2016 147.74% -2.20%
2015 149.94% 1.07%
2014 148.87% 14.12%
2013 134.75% 8.09%
2012 126.66% 18.61%
2011 108.05% -6.55%
2010 114.60% -1.57%
2009 116.17% 11.47%
2008 104.70% 3.21%
2007 101.50% -5.01%
2006 106.50% -3.86%
2005 110.37% 1.74%
2004 108.63% 1.64%
2003 106.98% -3.56%
2002 110.54% -1.30%
2001 111.84% -1.14%
2000 112.98% -4.33%
1999 117.31% -6.57%
1998 123.87% 1.34%
1997 122.53% 1.54%
1996 121.00% 6.07%
1995 114.93% 6.07%