Harmonized Euro area rates: Loans, Over 5 years New Business, House in Italy

Italy: Harmonized Euro area rates: Loans, Over 5 years New Business, House was 2.9 in 2023. ▼ Falling

Latest (2023)
2.9
Change on year
up 62.6%
World rank
14th
of 23 countries
All-time high
5.8
in 2008
All-time low
1.63
in 2021
Years of data
21
2003–2023

Harmonized Euro area rates: Loans, Over 5 years New Business, House in Italy, 2003–2023

234562003201320232003: 5.12004: 4.52005: 4.22006: 4.62007: 5.42008: 5.82009: 4.32010: 3.62011: 3.62012: 3.32013: 32014: 32015: 2.72016: 2.42017: 2.22018: 22019: 22020: 1.82021: 1.62022: 1.82023: 2.9

Source: International Monetary Fund.

Analysis

The most recent figure for harmonized euro area rates: loans, over 5 years new business, house in Italy is 2.9, measured in 2023.

That represents a change of up 62.6% on the previous year and down 3.7% over ten years.

Over the whole period, harmonized euro area rates: loans, over 5 years new business, house in Italy peaked at 5.8 in 2008 and was at its lowest, 1.63, in 2021.

Italy ranks 14th of 23 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 21 years of available data.

Harmonized Euro area rates: Loans, Over 5 years New Business, House in Italy, year by year

Annual values for Harmonized Euro area rates: Loans, Over 5 years New Business, House purchase, Households, Rate, Percent per annum in Italy, 2003 to 2023.
Year Value Change
2003 5.05
2004 4.48 -11.3%
2005 4.24 -5.5%
2006 4.6 +8.6%
2007 5.38 +17.0%
2008 5.8 +7.7%
2009 4.28 -26.2%
2010 3.57 -16.6%
2011 3.64 +2.1%
2012 3.3 -9.4%
2013 3.01 -8.8%
2014 3 -0.5%
2015 2.74 -8.5%
2016 2.41 -12.1%
2017 2.17 -10.2%
2018 2.04 -5.8%
2019 1.96 -4.1%
2020 1.79 -8.4%
2021 1.63 -9.0%
2022 1.78 +9.3%
2023 2.9 +62.6%

Italy compared with similar countries

  • Italy's 2.9 is below the median for Europe & Central Asia, which is 3.31, 88% of the median. (22 countries reporting)
  • Italy's 2.9 is below the median for high income countries, which is 3.22, 90% of the median. (23 countries reporting)

Biggest year-on-year movements

Years where Harmonized Euro area rates: Loans, Over 5 years New Business, House 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.

YearChange FromTo
2023 +62.6% 1.78 2.9

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.83 4.24 5.8 7
2010s 2.78 1.96 3.64 10
2020s 2.03 1.63 2.9 4

Countries ranked near Italy

  1. 11 Ireland 3.4 compare
  2. 12 Croatia 3.22 compare
  3. 13 Austria 3.16 compare
  4. 15 Hungary 2.69 compare
  5. 16 Luxembourg 2.67 compare
  6. 17 Malta 2.67 compare

See the full ranking of 24 places →

More financial sector data for Italy

All data for Italy →

Frequently asked questions

What is harmonized euro area rates: loans, over 5 years new business, house in Italy?
Harmonized euro area rates: loans, over 5 years new business, house in Italy was 2.9 in 2023, according to International Monetary Fund.
What is the highest harmonized euro area rates: loans, over 5 years new business, house recorded in Italy?
The highest recorded value was 5.8 in 2008.
What is the lowest harmonized euro area rates: loans, over 5 years new business, house recorded in Italy?
The lowest recorded value was 1.63 in 2021.
How does Italy rank for harmonized euro area rates: loans, over 5 years new business, house?
Italy ranks 14th out of 23 countries with data for 2023.
Is harmonized euro area rates: loans, over 5 years new business, house rising or falling in Italy?
Over the last ten years it is down 3.7%. 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, Over 5 years New Business, House purchase, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Harmonized Euro area rates: Loans, Over 5 years New Business, House in Italy. Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/stat/harmonized-euro-area-rates-loans-over-5-years-new-business-house-purchase-households-rate/italy/

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About this data

Indicator
Harmonized Euro area rates: Loans, Over 5 years New Business, House purchase, Households, Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
24 places, 470 data points, 2003–2024
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.