Italy Government Debt to GDP — 2026 Data & Trend
Italy's government debt was 137.10% in December 2025, down from 137.50% the previous quarter. A year earlier it stood at 134.70%.
Italy's government debt stands at 137.10% as of December 2025. Over the latest readings, the government debt has moved within a band of 103.50% to 157.70%. The most recent figure of 137.10% is down from 137.50% a quarter earlier, and is 2.40% higher than a year ago.
The trend
Among the 121 economies tracked on this platform, Italy ranks #6 on government debt by latest value. It fell from 137.50% in the previous quarter, and compares with a year-earlier 134.70%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 137.10% |
| Sep 2025 | 137.50% |
| Jun 2025 | 138.10% |
| Mar 2025 | 137.20% |
| Dec 2024 | 134.70% |
| Sep 2024 | 135.50% |
| Jun 2024 | 135.90% |
| Mar 2024 | 134.20% |
Data: Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Italy Have in 2026?
Italy's government debt was 137.10% in December 2025, down from 137.50% the previous quarter. A year earlier it stood at 134.70%.
Is the government debt rising or falling in Italy?
It fell in the latest reading — 137.10% in December 2025 versus 137.50% a quarter earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).