Credit to the private sector in Italy: 60.3% (Private sector credit, 2024 · 47th of 154). Credit to the private sector (% of GDP) in Italy: 60.3% in 2024, ranking 47th of 154 countries. In 2010 it was 92.7%.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks credit to the private sector (% of GDP) in Italy for each year from 2010 to 2024, 15 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in % of gdp. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2024 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2024, Italy's private sector credit fell from 92.7% to 60.3%, a fall of 32.4 percentage points.
- The highest value in this period was 93.6% in 2011; the lowest was 60.3% in 2024.
- Recently, the figure has fallen in each of the last two years (2023: 63.1%; 2024: 60.3%).
- That is 80.0 percentage points below the world figure of 140.3%.
- Italy has the 47th-highest value of 154 countries with recent data.
- In Southern Europe, Italy has the 5th-highest value of 13 countries with recent data; the highest is Portugal (77.1%), and the typical (median) value is 48.5%.
Analysis
Averaged over periods, the figure was 91.6% in 2010 to 2014, 80.3% in 2015 to 2019 and 70.3% in 2020 onwards. The value went up in 2 of the 14 year-to-year steps and down in 12. The biggest one-year rise came in 2020 (+9.2 percentage points). The biggest one-year fall came in 2021 (−6.6 percentage points). Year to year, the figure typically varied by about 10.7 percentage points around its average of 80.8%, a volatile pattern.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Southern Europe, where the typical value is 48.5%, Italy is 11.8 percentage points higher.
Related figures
- Credit to the private sector (% of GDP) by country, 2025: 222.6% (highest: Hong Kong SAR, China). Loans and other credit provided to businesses and households, as a share of GDP.
- Credit to the private sector (% of GDP) in Albania, 2010–2024: 34.1% (Private sector credit, 2024 · 93rd of 154). Credit to the private sector (% of GDP) in Albania: 34.1% in 2024, ranking 93rd of 154 countries.
- Credit to the private sector (% of GDP) in Bosnia and Herzegovina, 2010–2024: 48.1% (Private sector credit, 2024 · 67th of 154). Credit to the private sector (% of GDP) in Bosnia and Herzegovina: 48.1% in 2024, ranking 67th of 154 countries.
About this statistic
Loans and other credit provided to businesses and households, as a share of GDP. A sign of how easy it is to borrow. Low levels often mean small businesses rely on savings, family or informal lenders.
Access to credit, interest rates and banking services decide how easily households can borrow and spend, and how easily small businesses can fund equipment, stock and growth. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the credit to the private sector (% of GDP) in Italy?
60.3% (Private sector credit, 2024 · 47th of 154). Credit to the private sector (% of GDP) in Italy: 60.3% in 2024, ranking 47th of 154 countries. In 2010 it was 92.7%.
How has private sector credit in Italy changed since 2010?
Between 2010 and 2024, Italy's private sector credit fell from 92.7% to 60.3%, a fall of 32.4 percentage points. The highest value in this period was 93.6% in 2011; the lowest was 60.3% in 2024.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2024. Loans and other credit provided to businesses and households, as a share of GDP. A sign of how easy it is to borrow. Low levels often mean small businesses rely on savings, family or informal lenders.

Data
| Year | Credit to the private sector (% of GDP) |
|---|---|
| 2010 | 92.7% |
| 2011 | 93.6% |
| 2012 | 93.3% |
| 2013 | 90.4% |
| 2014 | 88.2% |
| 2015 | 86.9% |
| 2016 | 84.5% |
| 2017 | 80.4% |
| 2018 | 76.4% |
| 2019 | 73.4% |
| 2020 | 82.7% |
| 2021 | 76.0% |
| 2022 | 69.6% |
| 2023 | 63.1% |
| 2024 | 60.3% |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Italy.
Loans and other credit provided to businesses and households, as a share of GDP. A sign of how easy it is to borrow. Low levels often mean small businesses rely on savings, family or informal lenders.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- Credit to the private sector (% of GDP) by country, 2025
- Credit to the private sector (% of GDP) in Albania, 2010–2024
- Credit to the private sector (% of GDP) in Bosnia and Herzegovina, 2010–2024
- Credit to the private sector (% of GDP) in Spain, 2010–2024
- Credit to the private sector (% of GDP) in Greece, 2010–2024
- GDP of Italy, 2010–2025
- Economic growth (GDP growth) in Italy, 2010–2025
- GDP per person in Italy, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Italy, 2010–2024
All Italy data: economy, people, jobs and digital in one place
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