Italy's public debt decreased to 134.6% of GDP in 2023, down from 138.1% in the previous year and below the government's target of 140.2%. This reduction was supported by robust inflation, which led to an increase in nominal GDP. source: National Institute of Statistics (ISTAT)
Government Debt to GDP in Italy averaged 118.26 percent of GDP from 1988 until 2023, reaching an all time high of 154.90 percent of GDP in 2020 and a record low of 90.50 percent of GDP in 1988. This page provides - Italy Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Government Debt to GDP - values, historical data and charts - was last updated on January of 2025.
Government Debt to GDP in Italy is expected to reach 137.80 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Government Debt to GDP is projected to trend around 139.00 percent of GDP in 2025 and 139.80 percent of GDP in 2026, according to our econometric models.