Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Italy
Italy: Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 was 4.85 in 2023. ▼ Falling
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Italy, 2003–2023
Source: International Monetary Fund.
Analysis
Italy recorded 4.85 for harmonized euro area rates: loans, consumer credit and other, up to 1 in 2023.
That represents a change of up 69.1% on the previous year and down 30.8% over ten years.
Over the whole period, harmonized euro area rates: loans, consumer credit and other, up to 1 in Italy peaked at 8.66 in 2008 and was at its lowest, 2.79, in 2021.
Italy ranks 20th of 23 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 8.22 | — |
| 2004 | 8 | -2.7% |
| 2005 | 7.8 | -2.5% |
| 2006 | 7.95 | +1.9% |
| 2007 | 8.36 | +5.1% |
| 2008 | 8.66 | +3.6% |
| 2009 | 7.01 | -19.1% |
| 2010 | 6.44 | -8.1% |
| 2011 | 6.75 | +4.8% |
| 2012 | 7.09 | +5.1% |
| 2013 | 7 | -1.2% |
| 2014 | 6.63 | -5.3% |
| 2015 | 5.97 | -10.0% |
| 2016 | 5.18 | -13.2% |
| 2017 | 4.49 | -13.4% |
| 2018 | 4.12 | -8.1% |
| 2019 | 3.76 | -8.7% |
| 2020 | 3.33 | -11.6% |
| 2021 | 2.79 | -16.0% |
| 2022 | 2.87 | +2.6% |
| 2023 | 4.85 | +69.1% |
Italy compared with similar countries
- Italy's 4.85 is below the median for Europe & Central Asia, which is 8.94, 54% of the median. (22 countries reporting)
- Italy's 4.85 is below the median for high income countries, which is 8.71, 56% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 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 | +69.1% | 2.87 | 4.85 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8 | 7.01 | 8.66 | 7 |
| 2010s | 5.74 | 3.76 | 7.09 | 10 |
| 2020s | 3.46 | 2.79 | 4.85 | 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: loans, consumer credit and other, up to 1 in Italy?
- Harmonized euro area rates: loans, consumer credit and other, up to 1 in Italy was 4.85 in 2023, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Italy?
- The highest recorded value was 8.66 in 2008.
- What is the lowest harmonized euro area rates: loans, consumer credit and other, up to 1 recorded in Italy?
- The lowest recorded value was 2.79 in 2021.
- How does Italy rank for harmonized euro area rates: loans, consumer credit and other, up to 1?
- Italy ranks 20th out of 23 countries with data for 2023.
- Is harmonized euro area rates: loans, consumer credit and other, up to 1 rising or falling in Italy?
- Over the last ten years it is down 30.8%. The long-run trend across the full record is falling.
- Where does this Italy data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro Area rates: Loans, consumer credit and other, Up to 1 year Outstanding Amounts, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.