Australia vs Italy: Tax revenue
Australia
550.61 billion current LCU
in 2022
Italy
563.82 billion current LCU
in 2024
Australia rank
63rd
Italy rank
61st
Tax revenue over time
- Australia
- Italy
How they compare
Italy currently reports 563.82 billion current LCU against 550.61 billion current LCU in Australia, a difference of 13.21 billion current LCU.
The two have swapped places 2 times across 50 shared years of data; in 1973 it was Australia ahead.
Australia ranks 63rd and Italy ranks 61st of 157 countries.
Across the 6 decades both report, Australia averaged higher in 2 and Italy in 4.
Head to head by decade
| Decade | Australia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.45 billion current LCU | 14.97 billion current LCU | 1.48 billion current LCU | Australia |
| 1980s | 52.09 billion current LCU | 90.93 billion current LCU | 38.84 billion current LCU | Italy |
| 1990s | 106.85 billion current LCU | 239.69 billion current LCU | 132.84 billion current LCU | Italy |
| 2000s | 221.06 billion current LCU | 338.83 billion current LCU | 117.78 billion current LCU | Italy |
| 2010s | 355.61 billion current LCU | 414.77 billion current LCU | 59.16 billion current LCU | Italy |
| 2020s | 493.10 billion current LCU | 454.98 billion current LCU | 38.12 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Australia or Italy?
- Italy, at 563.82 billion current LCU against 550.61 billion current LCU in Australia as of 2024.
- What is the difference in tax revenue between Australia and Italy?
- 13.21 billion current LCU, with Italy ahead.
- How many years of comparable data are there for Australia and Italy?
- 50 years are reported by both, from 1973 to 2022.
- How do Australia and Italy rank globally for tax revenue?
- Australia ranks 63rd and Italy ranks 61st of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.