Spending $1M a day would take 9,418 years to use up the entire debt.
DebtClock.io
National Debt of Italy
3,176,229,998,424 €
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
144.89%
Latest year: 2024
Debt (nominal)
3,176,229,998,424 €
EUR / USD toggle below
GDP (nominal)
2,192,181,600,000 €
Latest year: 2024
Population
59,554,023
Latest year: 2024
Interest per Year
95,286,899,953 €
≈ 3,019 € / second
Debt per Citizen
53,334 €
Based on latest pop
Inflation (CPI, %)
0.98%
Year: 2024
GDP growth (%, real)
0.73%
Year: 2024
Unemployment (%)
6.78%
Year: 2024
Budget balance (% GDP)
-7.33%
Year: 2023
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Italy Economy Snapshot
The economy of Italy shows mixed signals, with a nominal GDP of 2.2 trillion € and average income of about 36,810 € per person. Low inflation at 0.98%, while the economy posted weak growth of 0.73%. Low unemployment around 6.78%, and the government runs a substantial 7.33% fiscal deficit. The current exchange rate is 1.08 USD/EUR.
| GDP (nominal) | 2,192,181,600,000 € |
|---|---|
| GDP per capita | 36,810 € |
| Inflation | 0.98% |
| GDP growth | 0.73% |
| Unemployment | 6.78% |
| Budget balance | -7.33% |
| FX (USD/EUR) | 1.08 |
Italy Economy Facts
Enough for 1,145,963,104,850 cups of coffee - a lifetime supply for every citizen.
Debt per citizen: about $57,727 for a population of 59,554,023.
