Private credit by deposit money banks to GDP in Italy
Italy: Private credit by deposit money banks to GDP was 77.7% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Italy, 1963–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Italy recorded 77.7% for private credit by deposit money banks to gdp in 2021.
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 to gdp in Italy peaked at 93.9% in 2011 and was at its lowest, 46.9%, in 1983.
Italy ranks 42nd of 187 countries on this measure, 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 to GDP 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 79.1%, 98% 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
- 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 private credit by deposit money banks to gdp in Italy?
- Private credit by deposit money banks to gdp 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 to gdp recorded in Italy?
- The highest recorded value was 93.9% in 2011.
- What is the lowest private credit by deposit money banks to gdp recorded in Italy?
- The lowest recorded value was 46.9% in 1983.
- How does Italy rank for private credit by deposit money banks to gdp?
- Italy ranks 42nd out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp 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 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 (IFS line 22d); 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).