Caribbean Small States vs Italy: Tax revenue

Caribbean Small States
17.7%
in 2017
Italy
25.6%
in 2024
Caribbean Small States rank
10th
Italy rank
12th

Tax revenue over time

  • Caribbean Small States
  • Italy
0102030197319982024

How they compare

Italy currently reports 25.6% against 17.7% in Caribbean Small States, a difference of 7.9%.

That makes Italy's figure about 1.5 times Caribbean Small States's.

The two have swapped places 4 times across 17 shared years of data; in 2001 it was Italy ahead.

Caribbean Small States ranks 10th and Italy ranks 12th of 35 groups.

Italy has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Caribbean Small States Italy Difference Ahead
2000s 20.8% 23.0% 2.3% Italy
2010s 20.4% 24.6% 4.2% Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue, Caribbean Small States or Italy?
Italy, at 25.6% against 17.7% in Caribbean Small States as of 2024.
What is the difference in tax revenue between Caribbean Small States and Italy?
7.9%, with Italy ahead.
How many years of comparable data are there for Caribbean Small States and Italy?
17 years are reported by both, from 2001 to 2017.
How do Caribbean Small States and Italy rank globally for tax revenue?
Caribbean Small States ranks 10th and Italy ranks 12th of 35 groups.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Caribbean Small States vs Italy: Tax revenue. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://public-sector.statizoid.com/compare/tax-revenue-percent-of-gdp/caribbean-small-states/italy/

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About this data

Indicator
Tax revenue (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,672 data points, 1972–2024
Last refreshed

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.