Interest payments in Italy
Italy: Interest payments was 84.84 billion current LCU in 2024. ▲ Rising
Interest payments in Italy, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Italy is 84.84 billion current LCU, measured in 2024.
Compared with earlier readings it is up 9.5% on the previous year and up 15.4% over ten years.
Over the whole period, interest payments in Italy peaked at 113.31 billion current LCU in 1996 and was at its lowest, 919.81 million current LCU, in 1973.
That places Italy 55th out of 155 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Interest payments in Italy, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 919.81 million current LCU | — |
| 1974 | 1.36 billion current LCU | +47.4% |
| 1975 | 2.17 billion current LCU | +60.2% |
| 1976 | 3.23 billion current LCU | +48.9% |
| 1977 | 4.20 billion current LCU | +30.0% |
| 1978 | 4.68 billion current LCU | +11.5% |
| 1979 | 5.91 billion current LCU | +26.1% |
| 1980 | 8.65 billion current LCU | +46.5% |
| 1985 | 29.40 billion current LCU | +239.8% |
| 1986 | 37.83 billion current LCU | +28.7% |
| 1987 | 37.55 billion current LCU | -0.7% |
| 1988 | 44.95 billion current LCU | +19.7% |
| 1989 | 53.93 billion current LCU | +20.0% |
| 1990 | 66.40 billion current LCU | +23.1% |
| 1991 | 74.58 billion current LCU | +12.3% |
| 1992 | 88.50 billion current LCU | +18.7% |
| 1993 | 95.80 billion current LCU | +8.3% |
| 1994 | 93.77 billion current LCU | -2.1% |
| 1995 | 108.31 billion current LCU | +15.5% |
| 1996 | 113.31 billion current LCU | +4.6% |
| 1997 | 98.38 billion current LCU | -13.2% |
| 1998 | 88.76 billion current LCU | -9.8% |
| 1999 | 74.81 billion current LCU | -15.7% |
| 2000 | 74.98 billion current LCU | +0.2% |
| 2001 | 77.56 billion current LCU | +3.4% |
| 2002 | 72.36 billion current LCU | -6.7% |
| 2003 | 67.87 billion current LCU | -6.2% |
| 2004 | 66.83 billion current LCU | -1.5% |
| 2005 | 67.10 billion current LCU | +0.4% |
| 2006 | 67.04 billion current LCU | -0.1% |
| 2007 | 72.89 billion current LCU | +8.7% |
| 2008 | 76.50 billion current LCU | +5.0% |
| 2009 | 67.34 billion current LCU | -12.0% |
| 2010 | 67.50 billion current LCU | +0.2% |
| 2011 | 74.14 billion current LCU | +9.8% |
| 2012 | 81.70 billion current LCU | +10.2% |
| 2013 | 76.42 billion current LCU | -6.5% |
| 2014 | 73.49 billion current LCU | -3.8% |
| 2015 | 68.03 billion current LCU | -7.4% |
| 2016 | 66.34 billion current LCU | -2.5% |
| 2017 | 65.33 billion current LCU | -1.5% |
| 2018 | 64.72 billion current LCU | -0.9% |
| 2019 | 60.76 billion current LCU | -6.1% |
| 2020 | 57.76 billion current LCU | -4.9% |
| 2021 | 64.07 billion current LCU | +10.9% |
| 2022 | 82.59 billion current LCU | +28.9% |
| 2023 | 77.49 billion current LCU | -6.2% |
| 2024 | 84.84 billion current LCU | +9.5% |
Italy compared with similar countries
- Italy's 84.84 billion current LCU is above the median for high income countries, which is 6.90 billion current LCU, 12.3× the median. (55 countries reporting)
- Italy's 84.84 billion current LCU is above the median for Europe & Central Asia, which is 9.50 billion current LCU, 8.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Interest payments in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +239.8% | 8.65 billion current LCU | 29.40 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.21 billion current LCU | 919.81 million current LCU | 5.91 billion current LCU | 7 |
| 1980s | 35.39 billion current LCU | 8.65 billion current LCU | 53.93 billion current LCU | 6 |
| 1990s | 90.26 billion current LCU | 66.40 billion current LCU | 113.31 billion current LCU | 10 |
| 2000s | 71.05 billion current LCU | 66.83 billion current LCU | 77.56 billion current LCU | 10 |
| 2010s | 69.84 billion current LCU | 60.76 billion current LCU | 81.70 billion current LCU | 10 |
| 2020s | 73.35 billion current LCU | 57.76 billion current LCU | 84.84 billion current LCU | 5 |
Countries ranked near Italy
More public sector data for Italy
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Italy?
- Interest payments in Italy was 84.84 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Italy?
- The highest recorded value was 113.31 billion current LCU in 1996.
- What is the lowest interest payments recorded in Italy?
- The lowest recorded value was 919.81 million current LCU in 1973.
- How does Italy rank for interest payments?
- Italy ranks 55th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Italy?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.