Private Credit-to-GDP Gap (Quarterly): Italy
The latest reading SOTW holds for Italy is -13.56 percentage points of GDP for 2026-Q1, from Bank for International Settlements.
Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · ITA
Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal
This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.
- Latest
- -13.56
- percentage points of GDP · 2026-Q1
- Previous
- -14.45
- percentage points of GDP · 2025-Q4
- Earliest held
- 5.00
- percentage points of GDP · 2000-Q1
- Readings shown
- 105
- Every reading SOTW holds
Italy · history
percentage points of GDP · Quarterly
Readings, newest first
| Period | Value (percentage points of GDP) |
|---|---|
| 2026-Q1 | -13.56 |
| 2025-Q4 | -14.45 |
| 2025-Q3 | -15.58 |
| 2025-Q2 | -15.84 |
| 2025-Q1 | -17.06 |
| 2024-Q4 | -17.87 |
| 2024-Q3 | -19.38 |
| 2024-Q2 | -19.34 |
| 2024-Q1 | -19.56 |
| 2023-Q4 | -19.19 |
| 2023-Q3 | -19.80 |
| 2023-Q2 | -17.98 |
| 2023-Q1 | -17.06 |
| 2022-Q4 | -15.16 |
| 2022-Q3 | -14.53 |
| 2022-Q2 | -13.69 |
| 2022-Q1 | -12.37 |
| 2021-Q4 | -10.17 |
| 2021-Q3 | -10.08 |
| 2021-Q2 | -7.92 |
| 2021-Q1 | -3.61 |
| 2020-Q4 | -3.30 |
| 2020-Q3 | -5.27 |
| 2020-Q2 | -8.32 |
| 2020-Q1 | -14.29 |
| 2019-Q4 | -16.40 |
| 2019-Q3 | -16.51 |
| 2019-Q2 | -17.17 |
| 2019-Q1 | -17.77 |
| 2018-Q4 | -17.55 |
| 2018-Q3 | -17.69 |
| 2018-Q2 | -17.67 |
| 2018-Q1 | -18.36 |
| 2017-Q4 | -17.87 |
| 2017-Q3 | -18.43 |
| 2017-Q2 | -17.27 |
| 2017-Q1 | -16.57 |
| 2016-Q4 | -16.56 |
| 2016-Q3 | -14.77 |
| 2016-Q2 | -13.93 |
| 2016-Q1 | -14.20 |
| 2015-Q4 | -13.00 |
| 2015-Q3 | -10.75 |
| 2015-Q2 | -9.63 |
| 2015-Q1 | -8.54 |
| 2014-Q4 | -8.16 |
| 2014-Q3 | -6.45 |
| 2014-Q2 | -5.65 |
| 2014-Q1 | -5.04 |
| 2013-Q4 | -4.10 |
| 2013-Q3 | -2.68 |
| 2013-Q2 | -1.47 |
| 2013-Q1 | -0.30 |
| 2012-Q4 | 1.20 |
| 2012-Q3 | 1.33 |
| 2012-Q2 | 2.27 |
| 2012-Q1 | 2.74 |
| 2011-Q4 | 3.16 |
| 2011-Q3 | 4.96 |
| 2011-Q2 | 6.71 |
| 2011-Q1 | 7.74 |
| 2010-Q4 | 9.25 |
| 2010-Q3 | 10.69 |
| 2010-Q2 | 11.97 |
| 2010-Q1 | 13.12 |
| 2009-Q4 | 14.47 |
| 2009-Q3 | 15.27 |
| 2009-Q2 | 16.53 |
| 2009-Q1 | 14.36 |
| 2008-Q4 | 12.53 |
| 2008-Q3 | 14.36 |
| 2008-Q2 | 15.78 |
| 2008-Q1 | 16.93 |
| 2007-Q4 | 14.96 |
| 2007-Q3 | 12.68 |
| 2007-Q2 | 13.11 |
| 2007-Q1 | 11.85 |
| 2006-Q4 | 12.26 |
| 2006-Q3 | 11.00 |
| 2006-Q2 | 11.43 |
| 2006-Q1 | 10.77 |
| 2005-Q4 | 10.80 |
| 2005-Q3 | 9.50 |
| 2005-Q2 | 9.91 |
| 2005-Q1 | 9.39 |
| 2004-Q4 | 9.39 |
| 2004-Q3 | 8.19 |
| 2004-Q2 | 8.79 |
| 2004-Q1 | 7.72 |
| 2003-Q4 | 8.77 |
| 2003-Q3 | 7.34 |
| 2003-Q2 | 8.23 |
| 2003-Q1 | 7.56 |
| 2002-Q4 | 8.15 |
| 2002-Q3 | 7.32 |
| 2002-Q2 | 8.21 |
| 2002-Q1 | 7.83 |
| 2001-Q4 | 8.47 |
| 2001-Q3 | 7.28 |
| 2001-Q2 | 7.79 |
| 2001-Q1 | 7.53 |
| 2000-Q4 | 7.58 |
| 2000-Q3 | 5.37 |
| 2000-Q2 | 5.27 |
| 2000-Q1 | 5.00 |
Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.