The benchmark interest rate in Italy was last recorded at 4.50 percent. This dataset provides - Italy Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mortgage interest rates in Italy decreased substantially between 2013 and 2021 before rising in the following years. As of the fourth quarter of 2024, the mortgage interest rates amounted to **** percent — lower than the rate in the same period in the previous year. A slowly recovering market Despite not reaching the pre-crisis levels, an increase in the number of transactions in the residential real estate market as well as the volume of mortgages stipulated for house purchase indicate a positive trend for the sector in Italy. Homeownership in Italy reached **** percent in 2021, one of the highest rates in Western Europe. Low interest rates, especially when compared to other European countries, and decreasing house prices led to a renewed interest in the real estate market in Italy. Milan, an attractive destination for investments In recent years, more than in the past, thanks to its role as a capital of business and finance as well as an innovation hub, Milan was able to attract human capital and investments, both domestic and foreign. This ability to grow and innovate was also reflected in the real estate market, which was the most dynamic in the country. Transactions in residential real estate in Milan increased steadily since 2012, except for 2020, and so did prices: some areas of the city are among the most expensive in the country to buy a property.

Key information about Italy Long Term Interest Rate

• Italy Long Term Interest Rate: Month Avg: Italy: ECB Harmonised was reported at 3.58 % pa in Feb 2025, compared with 3.68 % pa in the previous month.
• Italy Long Term Interest Rate data is updated monthly, available from Mar 1991 to Feb 2025.
• The data reached an all-time high of 14.42 % pa in Oct 1992 and a record low of 0.58 % pa in Dec 2020.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Italy Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025.
• Italy Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

The mortgage interest rate for mortgages with initial fixed period rates up to one year in Italy decreased overall between 2011 and 2021, followed by a spike in 2022. In the fourth quarter of 2024, the rate stood at **** percent, down from **** percent from the previous year, when rates peaked. In the same period, the gross residential mortgage lending in Italy fluctuated.

Bank Lending Rate in Italy decreased to 4.15 percent in May from 4.23 percent in April of 2025. This dataset provides - Italy Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mortgage credit interest rate, percent in Italy, March, 2025 The most recent value is 2.79 percent as of March 2025, a decline compared to the previous value of 2.82 percent. Historically, the average for Italy from January 1995 to March 2025 is 4.63 percent. The minimum of 1.59 percent was recorded in December 2021, while the maximum of 12.52 percent was reached in October 1995. | TheGlobalEconomy.com

Real interest rate (%) in Italy was reported at --0.87534 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Italy - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Bank deposit interest rate, percent in Italy, March, 2025 The most recent value is 2.71 percent as of March 2025, a decline compared to the previous value of 2.82 percent. Historically, the average for Italy from March 2003 to March 2025 is 1.71 percent. The minimum of 0.39 percent was recorded in June 2022, while the maximum of 3.81 percent was reached in December 2023. | TheGlobalEconomy.com

During the past years, the interest rate on consumer credit in Italy increased a lot, reaching **** percent in May 2024. The interest rate hike of the past years has started to reverse, with the interest rates of consumer loans decreasing in the second half of 2024.

The mortgage interest rate for all maturities beyond ten years of the initial fixed period in Italy decreased overall between 2016 and 2021, followed by an increase in 2022. As of the second quarter of 2024, the average mortgage rate was 3.44 percent. As of December 2019, interest rates were the highest in Sardinia and the lowest in Lombardy.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Italy (IR3TIB01ITM156N) from Oct 1978 to May 2025 about interbank, Italy, 3-month, yield, interest rate, interest, and rate.

Forecast: Bank Lending Interest Rate in Italy 2024 - 2028 Discover more data with ReportLinker!

Graph and download economic data for Interest Rates, Government Securities, Treasury Bills for Italy (INTGSTITM193N) from Mar 1977 to Jan 2025 about Italy, bills, securities, Treasury, government, interest rate, interest, and rate.

Business credit interest rate, percent in Italy, March, 2025 The most recent value is 4.37 percent as of March 2025, a decline compared to the previous value of 4.48 percent. Historically, the average for Italy from January 1995 to March 2025 is 4.9 percent. The minimum of 1.62 percent was recorded in December 2021, while the maximum of 13.14 percent was reached in October 1995. | TheGlobalEconomy.com

The annual average lending interest rate in Italy increased again in 2022. That came after several years in a row of falling interest rates. The annual lending interest rate reached a value of 2.03 percent as of 2021. The largest value for annual lending interest rate for Italy was found in 2001, when an it reached 7.29 percent.

Key information about Italy Short Term Interest Rate

• Italy Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month.
• Italy Short Term Interest Rate data is updated monthly, available from Dec 1998 to Nov 2021.
• The data reached an all-time high of 5.28 % pa in Sep 2008 and a record low of -0.57 % pa in Nov 2021.
• Short Term Interest Rate is reported by reported by European Money Markets Institute.

• In the latest reports, Italy Long Term Interest Rate: Month Avg: Italy: ECB Harmonised was reported at 4.51 % pa in Sep 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.50 % pa in Oct 2023.
• Italy Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

Lending interest rate (%) in Italy was reported at 5.2524 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Italy - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Key information about Italy Policy Rate

• Italy cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025, compared with 3.15 % pa in the previous Jan 2025.
• Italy Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Feb 2025.
• The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Jun 2022.

• In the latest reports, Italy Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Italy: ECB Harmonised ) was reported at 3.68 % pa in Jan 2025.
• Italy Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
• Its Real Effective Exchange Rate was 94.46 in Jun 2023.

Key information about Italy Bank Lending Rate

• Italy Bank Lending Rate was reported at 4.400 % pa in Dec 2024.
• This records a decrease from the previous number of 4.527 % pa for Nov 2024.
• Italy Bank Lending Rate data is updated monthly, averaging 3.557 % pa from Jan 1995 to Dec 2024, with 360 observations.
• The data reached an all-time high of 11.264 % pa in Aug 1995 and a record low of 1.049 % pa in Jul 2021.
• Italy Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

The annual average interest rate on new residential loans in Italy rose to **** in 2023 - the highest rate recorded since 2009. In contrast, the lowest interest rate was observed in 2020, when it stood at **** percent.