Italy vs United States

Italy vs United States: Government debt

Government debt in 2025: 137.1% of GDP in Italy and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in Italy, by 12.7 percentage points, or 1.1 times that in United States.

% of GDP · IMF

Italy vs United States: Government debtGovernment debt in 2025: 137.1% of GDP in Italy and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in Italy, by 12.7 percentage points, or 1.1 times that in United States.
ItalyUnited StatesIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Italy has been higher in every year both have figures for since 2001.
  • In 2025, Italy ranked 3 and United States ranked 6 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Italy at 135.6% of GDP and United States at 145% of GDP in 2031.

Every year

% of GDP · IMF

YearItalyUnited States
2025137.1124.4
2024134.7122.3
2023133.9120
2022138.4119.2
2021145.8125
2020154.4132.6
2019133.9108.8
2018134.2107.7
2017133.7106.5
2016134.2107.5
2015134.8105.5
2014134.8105
2013131.9105
2012125.9103.7
2011119.1100
2010118.895.7
2009116.187.1
2008105.873.9
2007103.565
2006106.364.6
2005106.265.8
2004104.766.4
2003105.159
2002105.955.9
2001108.553.5
2000108.7–
1999113.1–
1998113.9–
1997116.5–
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
YearItalyUnited States
2026137.9126.8
2027137.6128.7
2028137132.3
2029136.2136.4
2030135.8140.7
2031135.6145

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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