24Peaks / Europe / Italy / General Government Gross Debt (% of GDP)

Italy - General Government Gross Debt (% of GDP) 137.09

World Bank · updated 2026-10-03 · 191 economies tracked

Latest value

137.09 (2025)

Global rank

##180 of 191 economies

Share of global total

1.2%

Growth since 1990

1.35×

Ranking Race — General Government Gross Debt (% of GDP)

1 = global #1 · lower value ranks higher

#1#32#63#94#125#15619901995200020052010201520202025#42#1802023 overtook Cabo Verde2025 overtook Senegal
ItalyLiechtensteinBrunei DarussalamTuvaluTurkmenistan

Real annual global ranks, 1990 - 2025. Italy climbed from #42 to #180 (overtook Cabo Verde). Gaps in a lane = missing data that year.

Key events for Italy ↓

Key Events — Italy

Auto-detected from rank data + curated milestones

1992
Lira crisis curated

Lira leaves the ERM amid a European exchange-rate turmoil.

1995
Fell 20 places in global rank auto
1997
Fell 18 places in global rank auto
1999
Euro adoption curated

Italy joins the single currency as a founding member.

2000
Fell 15 places in global rank auto
2011
Sovereign debt crisis curated

Bond yields spike; Berlusconi resigns amid crisis management.

2020
COVID-19 shock curated

One of Europe's largest GDP contractions on record.

2023
Overtook Cabo Verde in global rank auto

General Government Gross Debt (% of GDP), 1990-2025

World Bank · % of GDP · linear scale · ranking in the race above
19902000201020202025101.71119.27136.82154.38

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