Net incurrence of liabilities, Transactions in Italy

Italy: Net incurrence of liabilities, Transactions was 96.68 billion in 2025. ◆ Volatile

Latest (2025)
96.68 billion
Change on year
up 57.4%
World rank
15th
of 33 countries
All-time high
177.47 billion
in 2020
All-time low
23.44 billion
in 2007
Years of data
27
1999–2025

Net incurrence of liabilities, Transactions in Italy, 1999–2025

050.0B100.0B150.0B200.0B1999201220251999: 31.4B2000: 30.4B2001: 55.0B2002: 46.6B2003: 40.4B2004: 66.6B2005: 84.6B2006: 65.7B2007: 23.4B2008: 56.9B2009: 101.0B2010: 87.0B2011: 52.5B2012: 81.0B2013: 73.3B2014: 70.4B2015: 33.0B2016: 52.8B2017: 52.8B2018: 50.0B2019: 38.8B2020: 177.5B2021: 176.0B2022: 162.2B2023: 158.0B2024: 61.4B2025: 96.7B

Source: International Monetary Fund.

Analysis

In 2025, net incurrence of liabilities, transactions in Italy stood at 96.68 billion.

The figure is up 57.4% on the previous year and up 192.7% over ten years.

Over the whole period, net incurrence of liabilities, transactions in Italy peaked at 177.47 billion in 2020 and was at its lowest, 23.44 billion, in 2007.

Italy ranks 15th of 33 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Net incurrence of liabilities, Transactions in Italy, year by year

Annual values for Net incurrence of liabilities, Transactions (Statement of operations, General government) in Italy, 1999 to 2025.
Year Value Change
1999 31.38 billion
2000 30.40 billion -3.1%
2001 54.99 billion +80.9%
2002 46.59 billion -15.3%
2003 40.44 billion -13.2%
2004 66.63 billion +64.8%
2005 84.63 billion +27.0%
2006 65.67 billion -22.4%
2007 23.44 billion -64.3%
2008 56.85 billion +142.5%
2009 100.97 billion +77.6%
2010 86.97 billion -13.9%
2011 52.45 billion -39.7%
2012 80.96 billion +54.4%
2013 73.34 billion -9.4%
2014 70.37 billion -4.0%
2015 33.03 billion -53.1%
2016 52.78 billion +59.8%
2017 52.79 billion +0.0%
2018 50.00 billion -5.3%
2019 38.76 billion -22.5%
2020 177.47 billion +357.9%
2021 176.04 billion -0.8%
2022 162.19 billion -7.9%
2023 158.04 billion -2.6%
2024 61.43 billion -61.1%
2025 96.68 billion +57.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 31.38 billion 31.38 billion 31.38 billion 1
2000s 57.06 billion 23.44 billion 100.97 billion 10
2010s 59.15 billion 33.03 billion 86.97 billion 10
2020s 138.64 billion 61.43 billion 177.47 billion 6

Countries ranked near Italy

  1. 12 France 146.84 billion compare
  2. 13 Germany 131.25 billion compare
  3. 14 Sweden 115.27 billion compare
  4. 16 Spain 67.71 billion compare
  5. 17 Belgium 61.86 billion compare
  6. 18 Netherlands 33.50 billion compare

See the full ranking of 33 places →

More external debt data for Italy

All data for Italy →

Frequently asked questions

What is net incurrence of liabilities, transactions in Italy?
Net incurrence of liabilities, transactions in Italy was 96.68 billion in 2025, according to International Monetary Fund.
What is the highest net incurrence of liabilities, transactions recorded in Italy?
The highest recorded value was 177.47 billion in 2020.
What is the lowest net incurrence of liabilities, transactions recorded in Italy?
The lowest recorded value was 23.44 billion in 2007.
How does Italy rank for net incurrence of liabilities, transactions?
Italy ranks 15th out of 33 countries with data for 2025.
Is net incurrence of liabilities, transactions rising or falling in Italy?
Over the last ten years it is up 192.7%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from International Monetary Fund, published as part of Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net incurrence of liabilities, Transactions in Italy. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://debt.statizoid.com/stat/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/italy/

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About this data

Indicator
Net incurrence of liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.