Italy: Short-term external debt

* indicates monthly or quarterly data series
 Italy

Short-term debt, percent of total external debt

 Latest value 33.36
 Year 2024
 Measure percent
 Data availability 2002 - 2024
 Average 32.07
 Min - Max 21.24 - 45.51
 Source The World Bank
 Available for Data download
The latest value from 2024 is 33.36 percent, a decline from 38.51 percent in 2023. In comparison, the world average is 23.55 percent, based on data from 104 countries. Historically, the average for Italy from 2002 to 2024 is 32.07 percent. The minimum value, 21.24 percent, was reached in 2009 while the maximum of 45.51 percent was recorded in 2022. 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
From   To 


 Recent values Italy: Short-term external debt
 2024 33.36
 2023 38.51
 2022 45.51
 2021 40.21
 2020 38.23
 2019 35.41
 2018 41.43
 2017 37.68




Definition: External debt with of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total external debt. 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
This site uses cookies.
Learn more here


OK