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Italy Private Credit (% GDP)

Italy's private credit (% GDP) fell to 60.57% in 2024, down from 63.46% in 2023, according to World Bank. This represents a decrease of 2.89% from the previous year. Italy has private credit (% GDP) higher than the global median (60.57% vs median 39.47%). Compared with the median in Europe, Italy is higher (60.57% vs regional median 54.79%) and ranks 18th out of 41 countries in Europe.

Yearly Historical Data (2001-2024)

(in %)
Year Private Credit (% GDP)
2024 60.57%
2023 63.46%
2022 69.59%
2021 76.01%
2020 82.65%
2019 73.44%
2018 76.45%
2017 80.42%
2016 84.49%
2015 86.92%
2014 88.19%
2013 90.37%
2012 93.27%
2011 93.57%
2010 92.67%
2009 87.19%
2008 83.38%
2007 81.45%
2006 75.42%
2005 70.59%
2004 67.49%
2003 65.11%
2002 61.82%
2001 60.14%
Italy Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Italy.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 1.1% 0.2% Dec'24
Debt to GDP Ratio 135% 135% Dec'24