Italy: Short-term debt to reserves

* indicates monthly or quarterly data series
 Italy

Short-term external debt, percent of international reserves

 Latest value 316.17
 Year 2024
 Measure percent
 Data availability 2002 - 2024
 Average 555.50
 Min - Max 316.17 - 831.44
 Source The World Bank
 Available for Data download
The latest value from 2024 is 316.17 percent, a decline from 434.99 percent in 2023. In comparison, the world average is 790.72 percent, based on data from 96 countries. Historically, the average for Italy from 2002 to 2024 is 555.5 percent. The minimum value, 316.17 percent, was reached in 2024 while the maximum of 831.44 percent was recorded in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Italy: Short-term debt to reserves
 2024 316.17
 2023 434.99
 2022 538.18
 2021 495.94
 2020 520.45
 2019 510.24
 2018 667.53
 2017 637.31




Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 103.60 2024 percent
 Trade openness 62.52 2025 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 32.23 2025 percent
 Exports, billion dollars 822.29 2025 billion U.S. dollars
 Growth of exports 1.24 2025 percent
 Imports, percent of GDP 30.30 2025 percent
 Imports, billion dollars 773.02 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.03 2025 percent
 Foreign Direct Investment, billion dollars 28.51 2024 billion U.S. dollars
 Portfolio investment inflows, equities 6,205.83 2025 million dollars (current)
 Current account, percent of GDP 1.15 2025 percent
 Current account, in dollars 29.26 2025 billion U.S. dollars
 Current Account, quarterly 2.04 3/2026 percent
 Trade balance, percent of GDP 1.93 2025 percent
 Trade balance, in dollars 54.20 2024 billion U.S. dollars
 Reserves 434.01 2025 billion U.S. dollars
 Remittances, percent of GDP 0.50 2025 percent
 Remittances 12,836.54 2025 million U.S. dollars
 Net errors and omissions -200.60 2025 million USD
 External debt 116.10 2024 percent
 Short-term external debt 33.36 2024 percent
 Short-term debt to reserves 316.17 2024 percent
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