Share of government expenditure going to interest payments in Italy
Italy: Share of government expenditure going to interest payments was 7.65 in 2023. ▼ Falling
Latest (2023)
7.65
Change on year
down 10.5%
World rank
71st
of 152 countries
All-time high
23
in 1993
All-time low
6.54
in 1973
Years of data
46
1973–2023
Share of government expenditure going to interest payments in Italy, 1973–2023
Source: Our World in Data.
Analysis
In 2023, share of government expenditure going to interest payments in Italy stood at 7.65.
That represents a change of down 10.5% on the previous year and down 29.0% over ten years.
Over the whole period, share of government expenditure going to interest payments in Italy peaked at 23 in 1993 and was at its lowest, 6.54, in 1973.
That places Italy 71st out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 46 years of available data.
Share of government expenditure going to interest payments in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 6.54 | — |
| 1974 | 7.61 | +16.4% |
| 1975 | 9.12 | +19.8% |
| 1976 | 11.15 | +22.4% |
| 1977 | 11.87 | +6.4% |
| 1978 | 10.01 | -15.7% |
| 1979 | 9.78 | -2.3% |
| 1980 | 10.63 | +8.6% |
| 1986 | 16.63 | +56.5% |
| 1987 | 14.82 | -10.9% |
| 1988 | 17.68 | +19.3% |
| 1989 | 18.92 | +7.0% |
| 1990 | 21.01 | +11.0% |
| 1991 | 21.19 | +0.9% |
| 1992 | 22.37 | +5.6% |
| 1993 | 23 | +2.8% |
| 1994 | 22.33 | -2.9% |
| 1995 | 22.76 | +1.9% |
| 1996 | 22.86 | +0.4% |
| 1997 | 19.98 | -12.6% |
| 1998 | 18.92 | -5.3% |
| 1999 | 15.53 | -17.9% |
| 2000 | 15.3 | -1.5% |
| 2001 | 14.87 | -2.8% |
| 2002 | 13.57 | -8.7% |
| 2003 | 12.28 | -9.5% |
| 2004 | 11.85 | -3.5% |
| 2005 | 11.46 | -3.2% |
| 2006 | 10.85 | -5.3% |
| 2007 | 11.5 | +6.0% |
| 2008 | 11.48 | -0.2% |
| 2009 | 9.65 | -15.9% |
| 2010 | 9.77 | +1.2% |
| 2011 | 10.69 | +9.4% |
| 2012 | 11.5 | +7.6% |
| 2013 | 10.77 | -6.3% |
| 2014 | 10.31 | -4.3% |
| 2015 | 9.4 | -8.9% |
| 2016 | 9.01 | -4.1% |
| 2017 | 8.72 | -3.2% |
| 2018 | 8.57 | -1.8% |
| 2019 | 7.96 | -7.0% |
| 2020 | 6.87 | -13.7% |
| 2021 | 7 | +1.9% |
| 2022 | 8.55 | +22.0% |
| 2023 | 7.65 | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.44 | 6.54 | 11.87 | 7 |
| 1980s | 15.74 | 10.63 | 18.92 | 5 |
| 1990s | 20.99 | 15.53 | 23 | 10 |
| 2000s | 12.28 | 9.65 | 15.3 | 10 |
| 2010s | 9.67 | 7.96 | 11.5 | 10 |
| 2020s | 7.52 | 6.87 | 8.55 | 4 |
Countries ranked near Italy
More reference data data for Italy
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.48 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 8.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.927 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 8.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 8.37 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.21 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 6.51 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 41.74 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.05 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Italy?
- Share of government expenditure going to interest payments in Italy was 7.65 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Italy?
- The highest recorded value was 23 in 1993.
- What is the lowest share of government expenditure going to interest payments recorded in Italy?
- The lowest recorded value was 6.54 in 1973.
- How does Italy rank for share of government expenditure going to interest payments?
- Italy ranks 71st out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Italy?
- Over the last ten years it is down 29.0%. The long-run trend across the full record is falling.
- Where does this Italy data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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