- Output · rank 8/187
- $2.4T
- People · rank 25/187
- 59.1M
- Land · rank 72/187
- 294K km²
- GDP per person
- $40,981
- Density
- 200.9 /km²
Government debt
136.9%gross debt, share of GDP
$3.3Toutstanding, rank 7 of 178
- Perimeter
- General government
- Basis
- Gross, not net
- Valuation
- Nominal
- Debt per person
- $56,103
- Net of assets
- 128.9%
- Source
- IMF World Economic Outlook / Fiscal Monitor
Gross debt is 136.9%; net of the government’s financial assets it is 128.9%, a 8.0% gap.
What this number does not tell youThe most misread figure in public finance. Perimeter varies by country — the IMF notes its Fiscal Monitor tables use a narrower perimeter for China than its Article IV estimates, and published figures for Japan range from roughly 200% to 250% depending on perimeter and valuation, both citing the IMF. Debt in a currency the government issues is a fundamentally different instrument from debt it must earn or borrow to service; this ratio does not distinguish them.
GDP over time
Nominal GDP, Italy, 2010–2011. Up 7% over the period in dollar terms.
Source: IMF World Economic Outlook · nominal USD, not inflation-adjusted
Private-sector debt
- Households
- 40.9% of GDP
- Non-financial corporations
- 66.8% of GDP
- Total private
- 107.7% of GDP
Government debt is only one layer. Household and corporate borrowing is where financial fragility often actually sits — and here it totals 107.7% of GDP, set against the public figure above.
Currency & monetary policy
Shares the euro and the ECB’s policy rate with the rest of the euro area.
House prices
The real figure strips out inflation and is the one that tells you whether housing actually became more expensive.
Payment rails
| System | Type | Live since |
|---|---|---|
| TARGET2/T2 | Large-value RTGS | 2007 |
| SEPA Instant | Instant retail | 2017 |
Against its region and the world
Where Italy sits relative to the Europe average and the world average.
GDP per person (USD)
This country40,981
Region average35,326
World average14,013
Population density (per km²)
This country201
Region average36
World average64
Debt to GDP (%)
This country137
Region average77
World average95
Major banks
Largest institutions headquartered in Italy, by total assets. Assets, not market value — the two rank very differently.
| Institution | Total assets | |
|---|---|---|
| 1 | Intesa Sanpaolo | $1.1T |
| 2 | UniCredit | $840B |
All figures
- Nominal GDP
- $2.4T
- Share of world output
- 2.10%
- Population
- 59.1M
- Share of world population
- 0.72%
- Land area
- 294,140 km²
- Share of world land
- 0.23%
- GDP per person
- $40,981
- GDP per km²
- $8,234,174
- Population density
- 200.9 /km²
- Government debt
- 136.9%
- Debt outstanding
- $3.3T
Closest by output in Europe
| Russia | $2.1T | 21.4% |
| Spain | $1.8T | 101.3% |
| France | $3.2T | 116.3% |
| Turkey | $1.4T | 26.4% |
| Netherlands | $1.3T | 43.1% |
Nearest neighbours by nominal output within the same region. Third column is debt to GDP.
Where these figures come from
- Nominal GDPGross domestic product at current market prices, converted to US dollars at market exchange rates. Not adjusted for purchasing power.
- IMF World Economic Outlook
2025 estimate - PopulationTotal resident population, mid-year estimate.
- UN World Population Prospects
2025 estimate - Land areaTotal land area, excluding inland water where the source reports it separately.
- UN Statistics Division
2024 - General government gross debtGross debt of the general government sector as a share of GDP. Gross means government-held financial assets are not netted off.
- IMF World Economic Outlook / Fiscal Monitor
2025–26 estimate - Bank total assetsTotal assets for the most recent reporting period: cash, loans, investments, property and equipment.
- S&P Global Market Intelligence
2026 ranking - Net government debtGovernment debt net of its financial assets, as a share of GDP.
- IMF Fiscal Monitor
2025–26 estimate - Household debtCredit to households and non-profits serving them, as a share of GDP.
- BIS credit statistics
2024–25 - Corporate debtCredit to non-financial corporations, as a share of GDP.
- BIS credit statistics
2024–25 - Exchange rate regimeHow the currency is managed: free floating, floating, pegged, currency board, or no separate legal tender.
- IMF AREAER
2025 - Central bank policy rateThe main policy interest rate set by the central bank.
- Central banks / BIS
mid-2026, live - Residential house pricesYear-on-year change in residential property prices, nominal and inflation-adjusted.
- BIS / OECD residential property
latest quarter