Harmonized Euro area rates: Deposits, Up to 1 year New Business in Italy
Italy: Harmonized Euro area rates: Deposits, Up to 1 year New Business was 3.09 in 2023. ◆ Volatile
Harmonized Euro area rates: Deposits, Up to 1 year New Business in Italy, 2003–2023
Source: International Monetary Fund.
Analysis
The most recent figure for harmonized euro area rates: deposits, up to 1 year new business in Italy is 3.09, measured in 2023.
The figure is up 545.6% on the previous year and up 76.8% over ten years.
Over the whole period, harmonized euro area rates: deposits, up to 1 year new business in Italy peaked at 4.29 in 2008 and was at its lowest, 0.2567, in 2020.
That places Italy 13th out of 24 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Harmonized Euro area rates: Deposits, Up to 1 year New Business in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 2.16 | — |
| 2004 | 1.97 | -8.9% |
| 2005 | 2.08 | +5.2% |
| 2006 | 2.81 | +35.5% |
| 2007 | 3.96 | +40.9% |
| 2008 | 4.29 | +8.2% |
| 2009 | 1.15 | -73.2% |
| 2010 | 0.6833 | -40.5% |
| 2011 | 2 | +192.4% |
| 2012 | 1.75 | -12.6% |
| 2013 | 1.75 | -0.0% |
| 2014 | 1.21 | -30.7% |
| 2015 | 0.8442 | -30.2% |
| 2016 | 1.08 | +28.1% |
| 2017 | 0.6675 | -38.3% |
| 2018 | 0.4367 | -34.6% |
| 2019 | 0.5467 | +25.2% |
| 2020 | 0.2567 | -53.0% |
| 2021 | 0.3208 | +25.0% |
| 2022 | 0.4783 | +49.1% |
| 2023 | 3.09 | +545.6% |
Italy compared with similar countries
- Italy's 3.09 is below the median for Europe & Central Asia, which is 3.1, 100% of the median. (23 countries reporting)
- Italy's 3.09 is below the median for high income countries, which is 3.09, 100% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Harmonized Euro area rates: Deposits, Up to 1 year New Business in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +545.6% | 0.4783 | 3.09 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.63 | 1.15 | 4.29 | 7 |
| 2010s | 1.1 | 0.4367 | 2 | 10 |
| 2020s | 1.04 | 0.2567 | 3.09 | 4 |
Countries ranked near Italy
More financial sector data for Italy
- Reserve position in the IMF, US dollar, annual growth rate 13.19 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 91.77 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.79 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 67.01 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.19 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 91.77 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.79 % change on previous year (2025)
Frequently asked questions
- What is harmonized euro area rates: deposits, up to 1 year new business in Italy?
- Harmonized euro area rates: deposits, up to 1 year new business in Italy was 3.09 in 2023, according to International Monetary Fund.
- What is the highest harmonized euro area rates: deposits, up to 1 year new business recorded in Italy?
- The highest recorded value was 4.29 in 2008.
- What is the lowest harmonized euro area rates: deposits, up to 1 year new business recorded in Italy?
- The lowest recorded value was 0.2567 in 2020.
- How does Italy rank for harmonized euro area rates: deposits, up to 1 year new business?
- Italy ranks 13th out of 24 countries with data for 2023.
- Is harmonized euro area rates: deposits, up to 1 year new business rising or falling in Italy?
- Over the last ten years it is up 76.8%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro area rates: Deposits, Up to 1 year New Business, Non-financial corporations, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.