Istat, debt decrease in 2022 from 144.7% to 141.6%. After the revision, the estimate for 2021 also improves

According to the audit by Istat, the debt ratio will increase from 144.7% to 141.6% in 2022 and from 149.8% to 147% in 2021. The statistics office announced this at the press conference to explain the new data.

Public administrations’ net debt to GDP is -8.0% in 2022 (-8.8% in 2021), unchanged from the estimate published in April. The institute updates the national accounts compared to April estimates: it confirms the GDP growth rate in 2022 of 3.7% and revises the growth for 2021 by 1.3 percentage points, increasing to 8.3%.

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