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.

View monthly updates and historical trends for Italy Long Term Interest Rate. Source: European Central Bank. Track economic data with YCharts analytics.

Mortgage interest rates in Italy decreased substantially between 2013 and 2021 before rising in the following years. As of the first quarter of 2025, 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 Policy Rate

• Italy cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.15 % pa in Nov 2025, compared with 2.15 % pa in the previous Oct 2025.
• Italy Policy Rate averaged 0.00 % pa and is updated monthly, available from Jan 1999 to Nov 2025.

• 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 3.44 % pa in Oct 2025.
• Italy Exchange Rate against USD averaged 0.86 (USD/EUR) in Oct 2025.
• Its Real Effective Exchange Rate was 93.99 in Oct 2025.

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 first quarter of 2025, the rate stood at **** percent, down from **** percent in the fourth quarter of 2023, when rates peaked. In the same period, the gross residential mortgage lending in Italy fluctuated.

Italy: Real interest rate: Bank lending rate minus inflation: The latest value from 2024 is 3.08 percent, an increase from -0.97 percent in 2023. In comparison, the world average is 4.99 percent, based on data from 73 countries. Historically, the average for Italy from 1989 to 2024 is 4.21 percent. The minimum value, -1.15 percent, was reached in 2022 while the maximum of 11.65 percent was recorded in 1992.

Monthly and long-term Italy Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

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

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.

Bank Lending Rate in Italy increased to 3.94 percent in September from 3.88 percent in August of 2025. This dataset provides - Italy Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Mortgage credit interest rate, percent in Italy, September, 2025 The most recent value is 2.68 percent as of September 2025, an increase compared to the previous value of 2.67 percent. Historically, the average for Italy from January 1995 to September 2025 is 4.6 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

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 Sep 2025 about interbank, Italy, 3-month, yield, interest rate, interest, and rate.

Actual value and historical data chart for Italy Real Interest Rate Percent

The interest rate on loans to non-financial corporations in Italy fell slightly in the second half of 2024 and beginning of 2025. By July 2025, business loans in the south European country had on average an interest rate of *****percent. The interest rate amounted to **** percent, its lowest point, in December 2021.

Actual value and historical data chart for Italy Lending Interest Rate 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.

Italy IT: Real Interest Rate data was reported at 2.357 % pa in 2017. This records a decrease from the previous number of 2.625 % pa for 2016. Italy IT: Real Interest Rate data is updated yearly, averaging 3.878 % pa from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 11.647 % pa in 1992 and a record low of 2.357 % pa in 2017. Italy IT: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Business credit interest rate, percent in Italy, September, 2025 The most recent value is 3.89 percent as of September 2025, no change compared to the previous value of 3.89 percent. Historically, the average for Italy from January 1995 to September 2025 is 4.88 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

In 2024, the average annual lending interest rate in Italy was **** percent. Between 1989 and 2024, the figure dropped by **** percentage points, though the decline followed an uneven course rather than a steady trajectory.