Services balance (credit less debit), Net (credits less debits) in Italy
Italy: Services balance (credit less debit), Net (credits less debits) was -5.22 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Italy, 2005–2024
Source: International Monetary Fund.
Analysis
Italy recorded -5.22 billion for services balance (credit less debit), net (credits less debits) in 2024.
The figure is down 191.9% on the previous year and down 49.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Italy peaked at 407.88 million in 2013 and was at its lowest, -16.09 billion, in 2008.
Italy ranks 167th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.72 billion | — |
| 2006 | -3.90 billion | +43.1% |
| 2007 | -11.19 billion | +187.1% |
| 2008 | -16.09 billion | +43.8% |
| 2009 | -12.62 billion | -21.6% |
| 2010 | -12.47 billion | -1.2% |
| 2011 | -8.03 billion | -35.5% |
| 2012 | 145.23 million | -101.8% |
| 2013 | 407.88 million | +180.9% |
| 2014 | -3.49 billion | -956.9% |
| 2015 | -4.70 billion | +34.5% |
| 2016 | -3.99 billion | -15.1% |
| 2017 | -4.44 billion | +11.1% |
| 2018 | -3.53 billion | -20.4% |
| 2019 | -527.82 million | -85.0% |
| 2020 | -9.32 billion | +1666.2% |
| 2021 | -10.60 billion | +13.8% |
| 2022 | -11.04 billion | +4.1% |
| 2023 | -1.79 billion | -83.8% |
| 2024 | -5.22 billion | +191.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.30 billion | -16.09 billion | -2.72 billion | 5 |
| 2010s | -4.06 billion | -12.47 billion | 407.88 million | 10 |
| 2020s | -7.60 billion | -11.04 billion | -1.79 billion | 5 |
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 services balance (credit less debit), net (credits less debits) in Italy?
- Services balance (credit less debit), net (credits less debits) in Italy was -5.22 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Italy?
- The highest recorded value was 407.88 million in 2013.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Italy?
- The lowest recorded value was -16.09 billion in 2008.
- How does Italy rank for services balance (credit less debit), net (credits less debits)?
- Italy ranks 167th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Italy?
- Over the last ten years it is down 49.5%. 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 Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.