Makrognosis

Italy Government Debt to GDP

QuarterlyNot seasonally adjustedCode IT.GOVDEBT.Q.NSA

Latest139.9%Q2 2026
Previous138.6%Q1 2026
Year ago137.6%Q2 2025

Italy Government Debt to GDP was 139.9% in Q2 2026, up 1.3 percentage points from Q1 2026 and up 2.3 percentage points from a year earlier.

That is the highest reading since Q3 2022.

Among the 38 economies Makrognosis covers on this measure, it is the 3rd highest.

Over the past ten years it has ranged from 134.0% (Q4 2017) to 158.2% (Q1 2021), averaging 139.5%.

Italy Government Debt to GDP (% of GDP), Q1 2000 – Q2 2026100%120%140%160%200020052010201520202025Robomacro
Italy Government Debt to GDP (% of GDP), Q1 2000 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q2 2026139.9%
Q1 2026138.6%
Q4 2025136.7%
Q3 2025137.1%
Q2 2025137.6%
Q1 2025136.7%
Q4 2024134.3%
Q3 2024135.1%
Q2 2024135.6%
Q1 2024134.1%
Q4 2023134.0%
Q3 2023135.2%
Q2 2023137.6%
Q1 2023137.2%
Q4 2022138.4%
Q3 2022139.9%
Q2 2022144.0%
Q1 2022146.8%
Q4 2021146.1%
Q3 2021151.3%
Q2 2021154.1%
Q1 2021158.2%
Q4 2020154.7%
Q3 2020153.6%

Last 24 observations. The full history (106 observations) is available through the API.

Get Italy Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IT.GOVDEBT.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IT.GOVDEBT.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2000
Observations106
FrequencyQuarterly
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high158.2% (Q1 2021)
10-year low134.0% (Q4 2017)
10-year average139.5%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeIT.GOVDEBT.Q.NSA

Government Debt to GDP: how Italy compares

#EconomyPeriodLatest
1SingaporeQ1 2025166.1%
2GreeceQ2 2026140.8%
3ItalyQ2 2026139.9%
4CanadaQ2 2026131.3%
5United StatesQ3 2026121.7%
6FranceQ2 2026119.1%
7BelgiumQ2 2026110.2%
8SpainQ2 2026101.4%
9United KingdomQ3 2026101.1%
10PortugalQ2 202692.5%
11FinlandQ2 202690.2%
12AustriaQ2 202683.6%

Government Debt to GDP by country: all 38 economies ranked →

Other Italy indicators

Italy GDP (Gross Domestic Product)Italy Gross domestic product, Current prices, million EURItaly Inflation Rate (CPI)Italy Core Inflation RateItaly Unemployment RateItaly 10-Year Government Bond YieldItaly Credit Rating & Sovereign Risk ScoreItaly Industrial ProductionItaly Retail SalesItaly Producer Price Inflation (PPI)Italy Current account balance (BPM6, vs rest of world), not seasonally adjustedItaly Current account balance, % of GDPItaly Trade Balance: Goods & ServicesItaly Exports of goods and services, Current prices, million EURItaly Exports of goods and services, chain-linked volumeItaly Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current government Debt to GDP in Italy?
The latest reading is 139.9% for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code IT.GOVDEBT.Q.NSA.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Italy general government gross debt, % of GDP (Eurostat)”.