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Total assets of the central bank in Italy 2002-2017

This statistic illustrates the value development of assets for the central bank in Italy from 2002 to 2017. Total assets of Italy's central bank have increased from 162 billion U.S dollars in 2002 to over 1.1 trillion U.S dollars in 2017.

Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.

Total assets of the central bank in Italy from 2002 to 2017

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Sources

Release date

February 2019

Region

Italy

Survey time period

2002 to 2017

Supplementary notes

The source adds further comments: "Banks refer to the broader category of Deposit-taking Institutions. Financial assets when available, otherwise total assets. In case of missing data in a time series, values were not inter- or extrapolated. Converted to U.S. dollars using the end of the period market exchange rates."

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