
Debt Boom Raises Specter Of Risk
Corporate borrowing remains high, despite fears of a pending recession. Still, post-crisis rules may be mitigating the risks.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Italy economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Italy best banks and safest banks are also available.
Here is the list of countries that owe the most to foreign creditors in 2019. The United States leads, followed by the Euro area and the United Kingdom.
USD 48.5 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
USD 1,895.3 billion (2017, estimate)
Intl$ 2,289.6 billion (2017, estimate)
2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
2% | 1.5% | -1.1% | -5.5% | 1.7% | 0.6% | -2.8% |
2013 | 2014 | 2015 | 2016* | 2017* | ||
-1.8% | -0.3% | 0.8% | 0.8% | 0.9% |
*Estimate
USD 30,891.9 (2017, estimate)
1980 | 1990 | 2000 | 2010 | 2017* |
4.46% | 4.11% | 3.22% | 2.29% | 1.8% |
*Estimate
(2016 estimate)
1.3% (2014)
OECD, data retrieved January 2017
2013 | 2014 | 2015 | 2016* | 2017* |
1.2% | 0.2% | 0.1% | -0.1% | 0.5% |
*Estimate
2013 | 2014 | 2015* | 2016* | 2017* |
12.1% | 12.6% | 11.9% | 11.5% | 11.2% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
129% | 132.5% | 132.7% | 133.2% | 133.4% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
-2.9% | -3% | -2.6% | -2.5% | -2.2% |
*Estimate
Standard & Poor's: BBB-
Moody's: Baa2
Standard & Poor's / Moody's (Updated January 2017)
2013 | 2014 | 2015 |
USD 615.5 billion | USD 587.3 billion | N/A |
Intesa Sanpaolo, Enel, Generali Group, UniCredit Group, EXOR, Eni, Poste Italiane, Atlantia, Telecom Italia, Snam, Luxottica Group, Unipol Gruppo, Mediobanca, Finmeccanica, Terna, Banco Popolare, Banca Mediolanum, Banca MPS, UBI Banca, Banca Popolare di Milano, Cattolica Assicurazioni, Banca Popolare dell'Emilia, Credito Emiliano, Banca Popolare di Sondrio, Banca CARIGE, Prada, Credito Valtellinese.
1.9% (2017 estimate)
30.1% (2015)
2.8% (2015)
2.1% (2015)
Engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; foodstuffs, beverages, and tobacco; minerals, nonferrous metals
Engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages, tobacco
Germany 12.3%, France 10.3%, US 8.7%, UK 5.4%, Spain 4.8%, Switzerland 4.7% (2015)
Germany 15.4%, France 8.7%, China 7.7%, Netherlands 5.6%, Spain 5%, Belgium 4.7% (2015)
2013 | 2014 | 2015 |
USD 24,273 million | USD 23,223 million | USD 20,279 million |
2013 | 2014 | 2015 |
USD 25,134 million | USD 26,539 million | USD 27,607 million |
2012 | 2013 | 2014 | 2015 |
USD -1632.8 million | USD 2861.3 million | USD -4503.9 million | USD 3101.0 million |
Sky Italian Holdings, Sky Italia Capital, Italy, USD 4.2 billion
GTECH SpA, International Game Technology, United States, USD 6.2 billion
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 50 out of 190 countries (2017)
Subcategories:
Starting a business: 63 out of 190 countries
Enforcing Contracts: 108 out of 190 countries
Registering Property: 24 out of 190 countries
Getting Credit: 101 out of 190 countries
Protecting Minority Investors: 42 out of 190 countries
Trading Across Borders: 1 out of 190 countries
Paying Taxes: 126 out of 190 countries
Dealing with Construction Permits: 86 out of 190 countries
Getting Electricity: 51 out of 190 countries
Resolving Insolvency: 25 out of 190 countries
44 out of 138 countries
(2016-2017)
Ranking: 86 / Score: 61.17 (Moderately free) (2016)
(100=totally free 0=totally repressed)
Italian (official), German (parts of Trentino-Alto Adige region are predominantly German speaking), French (small French-speaking minority in Valle d'Aosta region), Slovene (Slovene-speaking minority in the Trieste-Gorizia area)
Christian 80% (overwhelmingly Roman Catholic with very small groups of Jehovah's Witnesses and Protestants), Muslim (about 800,000 to 1 million), atheist and agnostic 20%
1990 | 2000 | 2010 | 2016* | 2021* |
56.694 million | 56.924 million | 59.19 million | 61.151 million | 62.168 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
59% | 67% | 67% | 69% |
Total population: 99.2%
Male: 99.4%
Female: 99% (2015 est.)
(age 15 and over can read and write)
35.2 (2012)
(0=perfect equality, 100=absolute inequality)
Political Rights: 1
Civil Liberties: 1 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 33.05% Mobile 142.12% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)