Italy recorded a Government Debt to GDP of 135.30 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Italy averaged 118.69 percent of GDP from 1988 until 2024, 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. source: National Institute of Statistics (ISTAT)

Government Debt to GDP in Italy is expected to reach 136.80 percent of GDP by the end of 2025, 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 138.00 percent of GDP in 2026 and 137.20 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 9985.00 12195.00 persons Dec 2025
Credit Rating 66.00 Feb 2026
Fiscal Expenditure 81.70 52.40 EUR Billion Nov 2025
Government Budget -3.40 -7.20 percent of GDP Dec 2024
Government Budget Value -25.71 -5.75 EUR Billion Nov 2025
Government Debt 3124898.90 3131719.10 EUR Million Nov 2025
Government Debt to GDP 135.30 134.60 percent of GDP Dec 2024
Government Revenues 55.99 46.61 EUR Billion Nov 2025
Government Spending 91500.70 91347.80 EUR Million Sep 2025
Government Spending to GDP 50.40 53.60 percent of GDP Dec 2024
Holidays
Military Expenditure 37964.60 36933.20 USD Million Dec 2024


Italy Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
135.30 134.60 154.90 90.50 1988 - 2024 percent of GDP Yearly