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Italy's Credit Rating Upgraded Amid Ongoing Economic Challenges

10/18/2025

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On October 17, 2025, DBRS Morningstar upgraded Italy's credit rating from 'BBB high' to 'A low' due to economic improvements and fiscal consolidation.
The agency highlighted enhancements in Italy's banking system and external accounts since the last downgrade in January 2017.
Despite the upgrade, Italy faces challenges with high public debt, projected to reach 136.2% of GDP in 2025.
The economy contracted by 0.1% in the second quarter, leading to lowered growth estimates of 0.5% for this year and 0.7% for next year.
Economy Minister Giancarlo Giorgetti expressed pride in the government's efforts.

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Story summary

On October 17, 2025, DBRS Morningstar upgraded Italy's credit rating from 'BBB high' to 'A low' due to economic improvements and fiscal consolidation.
The agency highlighted enhancements in Italy's banking system and external accounts since the last downgrade in January 2017.
Despite the upgrade, Italy faces challenges with high public debt, projected to reach 136.2% of GDP in 2025.
The economy contracted by 0.1% in the second quarter, leading to lowered growth estimates of 0.5% for this year and 0.7% for next year.
Economy Minister Giancarlo Giorgetti expressed pride in the government's efforts.