Italy’s debt levels remained persistently high, starting at of GDP in 1990 and peaking at in 2020. The increase was driven by structural fiscal imbalances and slow economic growth. The Eurozone crisis further exacerbated the debt burden in the early 2010s.
Despite challenges, fiscal consolidation efforts and economic reforms have led to gradual declines, with debt falling to by 2022, signaling modest progress in debt sustainability.
Despite challenges, fiscal consolidation efforts and economic reforms have led to gradual declines, with debt falling to by 2022, signaling modest progress in debt sustainability.
Discover additional trends and data on Italy’s inflation trajectory, Italy’s manufacturing share in GDP, Italy’s net lending/borrowing as share of GDP.
