Private credit by deposit money banks and other financial in Italy
Italy: Private credit by deposit money banks and other financial was 77.7% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Italy, 1963–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks and other financial in Italy stood at 77.7%.
Compared with earlier readings it is down 5.6% on the previous year and down 17.3% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Italy peaked at 93.9% in 2011 and was at its lowest, 46.9%, in 1983.
That places Italy 46th out of 187 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 57 years of available data.
Private credit by deposit money banks and other financial in Italy, year by year
| Year | % | Change |
|---|---|---|
| 1963 | 55.1% | — |
| 1964 | 54.5% | -1.1% |
| 1965 | 55.6% | +2.1% |
| 1966 | 58.7% | +5.6% |
| 1967 | 61.9% | +5.3% |
| 1968 | 65.0% | +5.1% |
| 1969 | 67.6% | +4.0% |
| 1970 | 65.4% | -3.2% |
| 1971 | 69.3% | +5.8% |
| 1972 | 74.6% | +7.8% |
| 1973 | 74.4% | -0.3% |
| 1974 | 68.2% | -8.3% |
| 1975 | 69.2% | +1.4% |
| 1976 | 65.6% | -5.2% |
| 1977 | 62.7% | -4.4% |
| 1978 | 59.2% | -5.6% |
| 1979 | 56.0% | -5.4% |
| 1980 | 52.7% | -5.9% |
| 1981 | 51.0% | -3.2% |
| 1982 | 48.8% | -4.1% |
| 1983 | 46.9% | -3.9% |
| 1984 | 48.3% | +2.9% |
| 1985 | 47.7% | -1.3% |
| 1986 | 47.7% | +0.2% |
| 1987 | 48.2% | +1.1% |
| 1988 | 50.4% | +4.5% |
| 1989 | 50.6% | +0.5% |
| 1990 | 52.7% | +4.1% |
| 1991 | 55.0% | +4.4% |
| 1992 | 58.0% | +5.3% |
| 1993 | 57.9% | -0.1% |
| 1994 | 55.5% | -4.1% |
| 1995 | 53.8% | -3.0% |
| 1996 | 52.3% | -2.8% |
| 1997 | 53.0% | +1.2% |
| 1998 | 55.3% | +4.5% |
| 2001 | 60.1% | +8.7% |
| 2002 | 61.9% | +2.9% |
| 2003 | 65.1% | +5.2% |
| 2004 | 67.4% | +3.5% |
| 2005 | 70.6% | +4.7% |
| 2006 | 75.5% | +7.0% |
| 2007 | 81.5% | +8.0% |
| 2008 | 83.5% | +2.5% |
| 2009 | 87.4% | +4.6% |
| 2010 | 92.9% | +6.3% |
| 2011 | 93.9% | +1.1% |
| 2012 | 93.6% | -0.3% |
| 2013 | 90.7% | -3.1% |
| 2014 | 88.5% | -2.4% |
| 2015 | 87.2% | -1.5% |
| 2016 | 84.5% | -3.1% |
| 2017 | 79.9% | -5.5% |
| 2018 | 75.7% | -5.3% |
| 2019 | 73.1% | -3.5% |
| 2020 | 82.2% | +12.6% |
| 2021 | 77.7% | -5.6% |
Italy compared with similar countries
- Italy's 77.7% is below the median for high income countries, which is 84.9%, 91% of the median. (62 countries reporting)
- Italy's 77.7% is above the median for Europe & Central Asia, which is 56.3%, 1.4× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 59.8% | 54.5% | 67.6% | 7 |
| 1970s | 66.5% | 56.0% | 74.6% | 10 |
| 1980s | 49.2% | 46.9% | 52.7% | 10 |
| 1990s | 54.8% | 52.3% | 58.0% | 9 |
| 2000s | 72.6% | 60.1% | 87.4% | 9 |
| 2010s | 86.0% | 73.1% | 93.9% | 10 |
| 2020s | 79.9% | 77.7% | 82.2% | 2 |
Countries ranked near Italy
More financial sector data for Italy
- Net domestic credit (current LCU), per capita 52,704 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.3 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.32 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 2.76 billion SDR (2025)
- Gold reserves at market value 251.41 billion SDR (2025)
- Reserves excluding gold, foreign exchange 38.37 billion SDR (2025)
- Reserves excluding gold 65.50 billion SDR (2025)
- Total reserves (gold at market value) 316.91 billion SDR (2025)
- Total reserves (gold at national valuation) 313.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 5,324 SDR per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Italy?
- Private credit by deposit money banks and other financial in Italy was 77.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Italy?
- The highest recorded value was 93.9% in 2011.
- What is the lowest private credit by deposit money banks and other financial recorded in Italy?
- The lowest recorded value was 46.9% in 1983.
- How does Italy rank for private credit by deposit money banks and other financial?
- Italy ranks 46th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Italy?
- Over the last ten years it is down 17.3%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)