Italy vs Russia

Italy vs Russia: Government debt

Government debt in 2025: 137.1% of GDP in Italy and 16.6% of GDP in Russia, by IMF estimates. In 2025 the value was higher in Italy, by 120.5 percentage points, or 8.26 times that in Russia.

% of GDP · IMF

Italy vs Russia: Government debtGovernment debt in 2025: 137.1% of GDP in Italy and 16.6% of GDP in Russia, by IMF estimates. In 2025 the value was higher in Italy, by 120.5 percentage points, or 8.26 times that in Russia.
ItalyRussiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Italy has been higher since 1999, when it overtook Russia.
  • In 2025, Italy ranked 3 and Russia ranked 144 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Italy at 135.6% of GDP and Russia at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearItalyRussia
2025137.116.6
2024134.714.8
2023133.915.2
2022138.415.1
2021145.816.5
2020154.419.2
2019133.913.8
2018134.213.6
2017133.714.3
2016134.214.9
2015134.815.3
2014134.815.1
2013131.912.4
2012125.911.2
2011119.110.3
2010118.810.1
2009116.19.9
2008105.87.4
2007103.58
2006106.39.8
2005106.214.9
2004104.720.8
2003105.128.3
2002105.937.6
2001108.544.4
2000108.755.9
1999113.192.4
1998113.9135.2
1997116.551.5
1996118.9–
1995119.1–
1994130.8–
1993124.1–
1992113–
1991105.3–
1990101.7–
198998.4–
198895.7–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearItalyRussia
2026137.919.3
2027137.622.2
202813724.8
2029136.227.2
2030135.829.1
2031135.630.7

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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