Italy's 2014 gross debt levels rose
to 156% of gross domestic product (GDP) or about $55,538 per
Italian, the OECD said Monday. In a new report on government,
the agency said that the debt-to-GDP ratio rose from just under
143% in 2013, and 110.6% in 2007. The figure is the third
highest within the OECD area, after Japan and Greece, said the
OECD. In per capita terms, Italy was in fourth place among
industrialized countries with 2014 levels higher than the
$49,798 per Italian in 2013.
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