Italy

Government debt in Italy

Government debt in Italy: 95.7% of GDP in 1988 and 137.1% of GDP in 2025, by IMF estimates.

Latest, 2025
137.1% of GDP
Since 1988
+41.4 percentage points
Rank, 2025
3 of 149
counting from the highest
Projected, 2031
135.6% of GDP
IMF projection (World Economic Outlook, October 2026)
Watch it change on the map

% of GDP · IMF

Government debt in ItalyGovernment debt in Italy: 95.7% of GDP in 1988 and 137.1% of GDP in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 135.6% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 135.6% of GDP in 2031.
  • The highest was 154.4% of GDP in 2020, the lowest 95.7% of GDP in 1988.

Every year

% of GDP · IMF

YearItaly
2025137.1
2024134.7
2023133.9
2022138.4
2021145.8
2020154.4
2019133.9
2018134.2
2017133.7
2016134.2
2015134.8
2014134.8
2013131.9
2012125.9
2011119.1
2010118.8
2009116.1
2008105.8
2007103.5
2006106.3
2005106.2
2004104.7
2003105.1
2002105.9
2001108.5
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
YearItaly
2026137.9
2027137.6
2028137
2029136.2
2030135.8
2031135.6

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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