Italy External Debt: % of GDP

2002 - 2022 | Yearly | % | CEIC Data

Key information about Italy External Debt: % of GDP

  • Italy External Debt accounted for 129.0 % of the country's Nominal GDP in 2022, compared with the ratio of 137.8 % in the previous year.
  • Italy External Debt: % of Nominal GDP data is updated yearly, available from Dec 2002 to Dec 2022.
  • The data reached an all-time high of 140.2 % in Dec 2020 and a record low of 78.9 % in Dec 2002.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and quarterly Nominal GDP. The Bank of Italy provides External Debt in EUR based on BPM6. Italian National Institute of Statistics provides Nominal GDP in EUR. External Debt prior to 2008 is based on BPM5.


Related information about Italy External Debt: % of GDP

  • In the latest reports of Italy, Current Account recorded a deficit of 1.7 USD bn in Apr 2023.
  • Foreign Direct Investment (FDI) increased by 1.4 USD bn in Apr 2023.
  • Italy Direct Investment Abroad expanded by 320.2 USD mn in Apr 2023.
  • Its Foreign Portfolio Investment increased by 12.0 USD bn in Mar 2023.
  • The country's External Debt reached 2,633,954.6 in Dec 2022.
  • The country's Nominal GDP was reported at 538.7 USD bn in Mar 2023.

View Italy's External Debt: % of GDP from 2002 to 2022 in the chart:

Italy External Debt: % of GDP

What was Italy's External Debt: % of GDP in 2022?

Italy External Debt accounted for 129.0 % of the country's Nominal GDP in 2022, compared with the ratio of 137.8 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
129.0 2022 137.8 2021 78.9 2002 140.2 2020 % yearly 2002 - 2022

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 45.9 2023 yearly 1991 - 2023
Algeria (%) 1.3 2023 yearly 1970 - 2023
Argentina (%) 45.3 2023 yearly 1994 - 2023
Armenia (%) 64.2 2023 yearly 2000 - 2023
Australia (%) 109.2 2023 yearly 1988 - 2023
Austria (%) 135.0 2023 yearly 1997 - 2023
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 51.1 Mar 2024 quarterly Dec 2000 - Mar 2024
Belgium (%) 231.5 2023 yearly 2007 - 2023
Bolivia (%) 35.0 2023 yearly 2006 - 2023
Bosnia and Herzegovina (%) 18.1 2023 yearly 1999 - 2023
Botswana (%) 7.3 2023 yearly 1995 - 2023
Brazil (%) 27.7 2023 yearly 1992 - 2023
Bulgaria (%) 47.6 2023 yearly 1999 - 2023
Cambodia (%) 56.7 2022 yearly 2010 - 2022
Canada (%) 139.5 2023 yearly 1990 - 2023
Chile (%) 71.7 2023 yearly 1971 - 2023
China (%) 13.7 2023 yearly 1985 - 2023
Colombia (%) 53.7 2023 yearly 1970 - 2023
Croatia (%) 73.5 2022 yearly 1998 - 2022
Cyprus (%) 828.3 2023 yearly 2004 - 2023
Czech Republic (%) 61.7 2023 yearly 1995 - 2023
Denmark (%) 132.3 2023 yearly 2005 - 2023
Ecuador (%) 49.6 2023 yearly 1970 - 2023
Egypt (%) 39.8 Mar 2024 quarterly Jun 1999 - Mar 2024
Estonia (%) 89.2 2023 yearly 1996 - 2023
European Union (%) 111.2 2023 yearly 2008 - 2023
Finland (%) 215.3 2023 yearly 1991 - 2023
France (%) 244.9 2023 yearly 2004 - 2023
Georgia (%) 80.2 2023 yearly 1999 - 2023
Germany (%) 146.1 2023 yearly 1999 - 2023
Ghana (%) 39.5 2023 yearly 1999 - 2023
Greece (%) 246.0 2023 yearly 2003 - 2023
Hong Kong SAR, China (%) 481.7 2023 yearly 2001 - 2023
Hungary (%) 128.8 2023 yearly 2006 - 2023
Iceland (%) 75.5 2023 yearly 1989 - 2023
India (%) 18.9 2023 yearly 1970 - 2023
Indonesia (%) 29.8 2023 yearly 2003 - 2023
Iran (%) 0.3 2023 yearly 1994 - 2023
Ireland (%) 556.6 2023 yearly 2002 - 2023
Israel (%) 28.4 2023 yearly 1998 - 2023
Italy (%) 129.0 2022 yearly 2002 - 2022
Ivory Coast (%) 31.4 2021 yearly 1994 - 2021
Japan (%) 107.5 2023 yearly 2003 - 2023
Jordan (%) 80.7 2023 yearly 1970 - 2023
Kazakhstan (%) 60.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Kenya (%) 40.3 2023 yearly 2006 - 2023
South Korea (%) 36.6 2023 yearly 1994 - 2023
Kosovo (%) 39.6 2023 yearly 2007 - 2023
Kuwait (%) 39.4 2023 yearly 2014 - 2023
Kyrgyzstan (%) 72.3 2023 yearly 2003 - 2023
Laos (%) 74.2 2023 yearly 1996 - 2023
Latvia (%) 106.8 Sep 2024 quarterly Mar 2000 - Sep 2024
Lebanon (%) 21.2 2021 yearly 2007 - 2021
Lithuania (%) 69.2 2023 yearly 1996 - 2023
Luxembourg (%) 4,446.8 2023 yearly 2002 - 2023
North Macedonia (%) 83.2 2023 yearly 2004 - 2023
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 68.2 2023 yearly 2009 - 2023
Malta (%) 858.8 2023 yearly 2004 - 2023
Mauritius (%) 1,315.2 2023 yearly 2009 - 2023
Mexico (%) 33.0 2023 yearly 2002 - 2023
Moldova (%) 63.3 2023 yearly 2000 - 2023
Mongolia (%) 170.1 2023 yearly 1992 - 2023
Montenegro (%) 141.5 2022 yearly 2006 - 2022
Morocco (%) 50.9 2022 yearly 1970 - 2022
Mozambique (%) 71.7 2020 yearly 1985 - 2020
Myanmar (%) 16.7 2020 yearly 2018 - 2020
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 373.8 2023 yearly 2003 - 2023
New Zealand (%) 88.0 2023 yearly 1993 - 2023
Nigeria (%) 11.9 2023 yearly 1985 - 2023
Norway (%) 148.1 2023 yearly 2003 - 2023
Pakistan (%) 35.0 2024 yearly 2000 - 2024
Palestinian Territory (%) 12.2 2023 yearly 2012 - 2023
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 55.7 2023 yearly 2000 - 2023
Peru (%) 39.3 2023 yearly 1980 - 2023
Philippines (%) 28.7 2023 yearly 1990 - 2023
Poland (%) 49.6 2023 yearly 1995 - 2023
Portugal (%) 150.4 2023 yearly 1996 - 2023
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 51.9 2023 yearly 1995 - 2023
Russia (%) 15.7 2023 yearly 1993 - 2023
Serbia (%) 65.3 2023 yearly 2000 - 2023
Singapore (%) 391.1 2023 yearly 2003 - 2023
Slovakia (%) 96.0 2023 yearly 1995 - 2023
Slovenia (%) 90.4 2023 yearly 2001 - 2023
South Africa (%) 41.5 2023 yearly 1985 - 2023
Spain (%) 163.6 2023 yearly 1995 - 2023
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 169.1 2023 yearly 1997 - 2023
Switzerland (%) 236.4 2023 yearly 1999 - 2023
Taiwan (%) 27.3 2023 yearly 1999 - 2023
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 37.4 Jun 2024 quarterly Mar 2005 - Jun 2024
Tunisia (%) 90.4 2023 yearly 2002 - 2023
Turkey (%) 45.2 2023 yearly 1989 - 2023

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Italy Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Consolidated Fiscal Balance (USD mn) -19,541.630 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue (USD mn) 167,190.097 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue: % of GDP (%) 29.3 Jun 2024 quarterly Mar 1999 - Jun 2024
National Government Debt (USD mn) 3,236,185.5 Oct 2024 monthly Jan 1957 - Oct 2024
Government Debt: % of GDP (%) 138.3 Sep 2024 quarterly Dec 1995 - Sep 2024
Forecast: Government Expenditure (EUR bn) 1,200.142 2029 yearly 1988 - 2029
Forecast: Government Net Debt (EUR bn) 3,138.281 2028 yearly 1988 - 2028
Forecast: Government Revenue (EUR bn) 1,123.505 2029 yearly 1988 - 2029
General Govt Debt (EUR mn) 2,981,285.600 Oct 2024 monthly Dec 1861 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.802 2029 yearly 1980 - 2029
Trade Balance (USD mn) 3,827.4 Oct 2024 monthly Jan 1993 - Oct 2024
Total Exports (USD mn) 62,562.4 Oct 2024 monthly Jan 1991 - Oct 2024
Total Exports Growth (%) 1.6 Oct 2024 monthly Jan 1992 - Oct 2024
Aluminum: Exports (USD th) 5,128,460.386 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 37,771,889.421 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 14,179,935.904 2023 yearly 1995 - 2023
Total Imports (USD mn) 56,948.2 Oct 2024 monthly Jan 1991 - Oct 2024
Total Imports Growth (%) 0.4 Oct 2024 monthly Jan 1992 - Oct 2024
Imports: Medicament (USD th) 21,036,280.737 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 13,699,229.544 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 6,076.358 Oct 2024 monthly Jan 1960 - Oct 2024
Total Imports from USA (USD mn) 2,456.202 Oct 2024 monthly Jan 1960 - Oct 2024
Total Exports to China (USD mn) 1,517.597 Oct 2024 monthly Jan 1960 - Oct 2024
Total Imports from China (USD mn) 5,087.222 Sep 2024 monthly Jan 1960 - Sep 2024
Trade Balance: sa (EUR mn) 3,513.000 Oct 2024 monthly Jan 1993 - Oct 2024
Exports: fob: sa (EUR mn) 51,075.000 Oct 2024 monthly Jan 1993 - Oct 2024
Imports: cif: sa (EUR mn) 47,562.000 Oct 2024 monthly Jan 1993 - Oct 2024
Exports: fob (EUR mn) 57,423.000 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: fob: Mfg: Transport Equipment (TE) (EUR mn) 4,944.761 Sep 2024 monthly Jan 1991 - Sep 2024
Exports: fob: Mfg: Electrical (EUR mn) 2,617.441 Sep 2024 monthly Jan 1991 - Sep 2024
Exports: fob: Mfg: Machinery & Equipment n.e.c. (ME) (EUR mn) 7,680.370 Sep 2024 monthly Jan 1991 - Sep 2024
Exports: fob: Mfg: Basic Metals & Fabricated Metal (MF) (EUR mn) 5,187.687 Sep 2024 monthly Jan 1991 - Sep 2024
Imports: cif: MQ: Crude Petroleum & Natural Gas: Crude Petroleum (EUR mn) 2,000.243 Sep 2024 monthly Jan 1991 - Sep 2024
Imports: cif (EUR mn) 52,270.000 Oct 2024 monthly Jan 1991 - Oct 2024
Imports: cif: Mfg: ME: Machinery & Equipment n.e.c. (MN) (EUR mn) 2,469.043 Aug 2024 monthly Jan 1991 - Aug 2024
Imports: cif: Mfg: CO: Computer, Electronic & Optical (CE) (EUR mn) 2,356.666 Aug 2024 monthly Jan 1991 - Aug 2024
Imports: cif: Mfg: CC: Chemicals & Chemical Products (CP) (EUR mn) 3,369.442 Aug 2024 monthly Jan 1991 - Aug 2024
Imports: cif: Mfg: TE: MS: Motor Vehicles (EUR mn) 2,114.135 Aug 2024 monthly Jan 1991 - Aug 2024
Exports: fob: Europe: France (EUR mn) 5,900.805 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: fob: Europe: United Kingdom (EUR mn) 2,775.170 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: fob: Europe: Germany (EUR mn) 6,583.283 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: fob: America: United States (EUR mn) 4,536.406 Sep 2024 monthly Jan 1991 - Sep 2024
Imports: cif: Europe: Germany (EUR mn) 7,704.489 Oct 2024 monthly Jan 1991 - Oct 2024
Imports: cif: Europe: Netherlands (EUR mn) 3,496.955 Oct 2024 monthly Jan 1991 - Oct 2024
Imports: cif: America: United States (EUR mn) 2,324.479 Sep 2024 monthly Jan 1991 - Sep 2024
Imports: cif: Europe: France (EUR mn) 4,128.213 Oct 2024 monthly Jan 1991 - Oct 2024
Crude Oil Imports: Africa: Nigeria (Ton th) 1,924.000 2022 yearly 2001 - 2022
Crude Oil Imports: Former Union of Soviet Socialist Republics(FUSSR) (Ton th) 25,403.000 2022 yearly 2001 - 2022
Crude Oil Imports: OPEC (Ton th) 25,659.000 2022 yearly 2001 - 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,628.1 Aug 2024 monthly Jan 1988 - Aug 2024
Current Account Balance (USD mn) -1,662.6 Apr 2023 monthly Jan 1970 - Apr 2023
Current Account Balance: % of GDP (%) 1.4 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Direct Investment (USD mn) 6,792.5 Aug 2024 monthly Jan 1988 - Aug 2024
Foreign Direct Investment: % of GDP (%) 1.9 Mar 2023 quarterly Mar 1988 - Mar 2023
Foreign Portfolio Investment (USD mn) 30,535.542 Sep 2024 quarterly Mar 1997 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 5.1 Sep 2024 quarterly Mar 1990 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 2,303.2 Jun 2024 quarterly Mar 1997 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 42,784.466 Jun 2024 quarterly Mar 1997 - Jun 2024
External Debt (USD mn) 2,769,586.1 Jun 2024 quarterly Dec 2002 - Jun 2024
External Debt: % of GDP (%) 129.0 2022 yearly 2002 - 2022
External Debt: Short Term (USD mn) 1,017,685.3 Jun 2024 quarterly Dec 2002 - Jun 2024
External Debt: Short Term: % of GDP (%) 59.6 2022 yearly 2002 - 2022
Total Debt: % of GDP (%) 571.4 Jun 2024 quarterly Dec 1995 - Jun 2024
Forecast: Current Account Balance (USD bn) 68.336 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 178,286.772 Mar 2024 quarterly Dec 1998 - Mar 2024
BoP: Current Account: Primary Income: Debits (EUR mn) 10,509.291 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Current Account: Services (EUR mn) 1,200.474 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Current Account: Secondary Income (EUR mn) -1,586.638 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Current Account: Primary Income: Credits (EUR mn) 10,432.867 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Capital Account: Debits (EUR mn) 517.945 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: FA: Other Investment: Liabilities (EUR mn) -4,623.756 Aug 2024 monthly Jan 1997 - Aug 2024
BoP: Current Account: Credits (EUR mn) 71,853.945 Sep 2024 monthly Jan 1995 - Sep 2024
BoP: Current Account: Debits (EUR mn) 61,341.823 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Capital Account (EUR mn) -271.491 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: FA: Direct Investment: Assets (EUR mn) 1,477.369 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Errors & Omissions (EUR mn) 3,048.873 Sep 2024 monthly Jan 1997 - Sep 2024
BoP: Current Account: Goods: Credits (EUR mn) 47,038.868 Sep 2024 monthly Jan 1995 - Sep 2024
BoP: FA: Reserve Assets (EUR mn) 448.115 Sep 2024 monthly Jan 1988 - Sep 2024
Balance of Payments (BoP): Current Account (EUR mn) 1,067.908 Sep 2024 monthly Jan 1995 - Sep 2024
BoP: FA: Portfolio Investment: Assets (EUR mn) 9,122.848 Aug 2024 monthly Jan 1997 - Aug 2024
BoP: FA: Financial Derivatives (EUR mn) 120.494 Aug 2024 monthly Jan 1997 - Aug 2024
BoP: FA: Other Investment: Assets (EUR mn) -1,523.815 Aug 2024 monthly Jan 1997 - Aug 2024
BoP: FA: Direct Investment: Liabilities (EUR mn) 6,163.785 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Current Account: Goods (EUR mn) 2,570.532 Sep 2024 monthly Jan 1995 - Sep 2024
BoP: Current Account: Secondary Income: Debits (EUR mn) 3,010.183 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Current Account: Goods: Debits (EUR mn) 34,971.392 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Current Account: Services: Credits (EUR mn) 12,866.362 Sep 2024 monthly Jan 1995 - Sep 2024
BoP: Current Account: Primary Income (EUR mn) -76.424 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Capital Account: Credits (EUR mn) 246.455 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Current Account: Secondary Income: Credits (EUR mn) 1,423.545 Aug 2024 monthly Jan 1995 - Aug 2024
BoP: Financial Account (FA) (EUR mn) 4,439.329 Aug 2024 monthly Jan 1997 - Aug 2024
BoP: Financial Account: Assets (EUR mn) 20,631.512 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: FA: Other Investment (OI) (EUR mn) -14,035.313 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: FA: Portfolio Investment (PI) (EUR mn) 12,742.080 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: Financial Account: Liabilities (EUR mn) 22,075.088 Feb 2019 monthly Jan 1997 - Feb 2019
BoP: FA: Direct Investment (EUR mn) -216.498 Feb 2019 monthly Jan 1995 - Feb 2019
BoP: Current Account: Services: Debits (EUR mn) 7,794.724 Feb 2019 monthly Jan 1995 - Feb 2019
IIP: Liabilities (EUR mn) 3,440,039.396 Jun 2024 quarterly Dec 1998 - Jun 2024
IIP: Net Position (EUR mn) 225,247.356 Jun 2024 quarterly Dec 1998 - Jun 2024
IIP: Assets (EUR mn) 3,665,286.751 Jun 2024 quarterly Dec 1998 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Jun 2024 quarterly Jun 2008 - Jun 2024
Household Debt: % of GDP (%) 48.6 Jun 2024 quarterly Dec 1995 - Jun 2024
Non-Performing Loans (USD mn) 58,743.172 Jun 2024 quarterly Jun 2008 - Jun 2024
Money Supply M1 (USD mn) 1,848,949.754 Sep 2024 monthly Dec 1974 - Sep 2024
Money Supply M2 (USD mn) 2,356,013.014 Sep 2024 monthly Dec 1974 - Sep 2024
M2 Growth (%) 0.1 Sep 2024 monthly Dec 1975 - Sep 2024
Reserve Requirement Ratio (%) 1.0 Oct 2024 monthly Jan 1999 - Oct 2024
Foreign Exchange Reserves (USD mn) 51,460.5 Nov 2024 monthly Dec 1999 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 2.195 Sep 2024 quarterly Dec 1999 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 0.9 Oct 2024 monthly Dec 1999 - Oct 2024
Gold Reserves (USD mn) 209,457.690 Nov 2024 monthly Dec 1956 - Nov 2024
Total Deposits (USD mn) 1,977,233.827 Jun 2024 quarterly Mar 1998 - Jun 2024
Total Deposits Growth (%) 3.0 Jun 2024 quarterly Mar 1999 - Jun 2024
Domestic Credit (USD mn) 3,464,608.3 Aug 2024 monthly Jan 1999 - Aug 2024
Domestic Credit Growth (%) 1.8 Aug 2024 monthly Jan 2000 - Aug 2024
Debt Service Ratio: Households (%) 4.400 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 9.800 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 870.011 Dec 2023 quarterly Mar 1960 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 2,293.975 Dec 2023 quarterly Mar 1960 - Dec 2023
Household Debt (USD mn) 1,099,870.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Total Loans (USD mn) 2,593,378.767 Sep 2024 monthly Dec 1995 - Sep 2024
Total Loans Growth (%) -3.48 Sep 2024 monthly Dec 1996 - Sep 2024
Private Debt: % of Nominal GDP (%) 59.03 Sep 2024 quarterly Jun 1998 - Sep 2024
Money Supply M3 (EUR mn) 2,142,697.640 Sep 2024 monthly Sep 1997 - Sep 2024
Deposits (EUR mn) 1,845,984.334 Jun 2024 quarterly Mar 1998 - Jun 2024
MFIs Loans: Residents of Italy (RI): MFIs (EUR mn) 368,047.170 Sep 2024 monthly Dec 1995 - Sep 2024
Consumer Credit (EUR mn) 165,278.288 Jun 2024 quarterly Dec 2002 - Jun 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -1.6 Nov 2024 monthly Jan 1986 - Nov 2024
Cyclical Coincident Indicator: Ita-Coin (%) -0.010 Nov 2024 monthly Jan 2003 - Nov 2024

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