Italy: External debt
* indicates monthly or quarterly data series
| Italy |
External debt, percent of GDP |
|---|---|
| Latest value | 116.10 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2002 - 2024 |
| Average | 114.24 |
| Min - Max | 87.28 - 150.49 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 116.1 percent, a decline from 121.23 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Italy from 2002 to 2024 is 114.24 percent. The minimum value, 87.28 percent, was reached in 2002 while the maximum of 150.49 percent was recorded in 2020.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | Italy: External debt |
|---|---|
| 2024 | 116.10 |
| 2023 | 121.23 |
| 2022 | 126.11 |
| 2021 | 128.67 |
| 2020 | 150.49 |
| 2019 | 125.13 |
| 2018 | 116.89 |
| 2017 | 129.75 |
Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
Other resources:
Download data from our database
All indicators for Italy
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 103.60 | 2024 | percent |
| Trade openness | 62.52 | 2025 | percent |
| Financial openness | 2.290 | 2022 | index points |
| Exports, percent of GDP | 32.23 | 2025 | percent |
| Exports, billion dollars | 822.29 | 2025 | billion U.S. dollars |
| Growth of exports | 1.24 | 2025 | percent |
| Imports, percent of GDP | 30.30 | 2025 | percent |
| Imports, billion dollars | 773.02 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.03 | 2025 | percent |
| Foreign Direct Investment, billion dollars | 28.51 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | 6,205.83 | 2025 | million dollars (current) |
| Current account, percent of GDP | 1.15 | 2025 | percent |
| Current account, in dollars | 29.26 | 2025 | billion U.S. dollars |
| Current Account, quarterly | 2.04 | 3/2026 | percent |
| Trade balance, percent of GDP | 1.93 | 2025 | percent |
| Trade balance, in dollars | 50.00 | 2025 | billion U.S. dollars |
| Reserves | 434.01 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 0.50 | 2025 | percent |
| Remittances | 12,836.54 | 2025 | million U.S. dollars |
| Net errors and omissions | -200.60 | 2025 | million USD |
| External debt | 116.10 | 2024 | percent |
| Short-term external debt | 33.36 | 2024 | percent |
| Short-term debt to reserves | 316.17 | 2024 | percent |