The benchmark interest rate in Italy is set by the European Central Bank. Interest Rate in Italy averaged 1.81 percent from 1998 until 2024, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0.00 percent in March of 2016. source: European Central Bank

Interest Rate in Italy is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Interest Rate is projected to trend around 3.50 percent in 2023 and 2.75 percent in 2024, according to our econometric models.

Related Last Previous Unit Reference
Banks Balance Sheet 3806064.90 3783560.44 EUR Million Feb 2024
Central Bank Balance Sheet 1241927.60 1242551.90 EUR Million Feb 2024
Foreign Exchange Reserves 238865.90 224793.90 EUR Million Mar 2024
Interbank Rate 3.92 3.92 percent Mar 2024
ECB Interest Rate 4.50 4.50 percent Apr 2024
Loans to Private Sector 614231.00 614638.00 EUR Million Feb 2024
Money Supply M1 1392696.00 1394185.00 EUR Million Feb 2024
Money Supply M2 1846211.00 1842933.00 EUR Million Feb 2024
Money Supply M3 1873045.00 1868219.00 EUR Million Feb 2024
Private Debt to GDP 162.20 172.40 percent Dec 2022

Italy Interest Rate
Italy is a member of the European Union which has adopted the euro. Italy's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.50 4.75 0.00 1998 - 2024 percent Daily