Colombia vs Italy: Taxes on goods and services
Colombia
24.3%
in 2024
Italy
23.7%
in 2024
Colombia rank
114th
Italy rank
117th
Taxes on goods and services over time
- Colombia
- Italy
How they compare
Colombia currently reports 24.3% against 23.7% in Italy, a difference of 0.6%.
The two have swapped places 4 times across 19 shared years of data; in 1998 it was Colombia ahead.
Colombia ranks 114th and Italy ranks 117th of 156 countries.
Colombia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 27.6% | 24.4% | 3.2% | Colombia |
| 2000s | 26.6% | 22.1% | 4.5% | Colombia |
| 2010s | 24.8% | 24.2% | 0.7% | Colombia |
| 2020s | 24.9% | 23.5% | 1.4% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Colombia or Italy?
- Colombia, at 24.3% against 23.7% in Italy as of 2024.
- What is the difference in taxes on goods and services between Colombia and Italy?
- 0.6%, with Colombia ahead.
- How many years of comparable data are there for Colombia and Italy?
- 19 years are reported by both, from 1998 to 2024.
- How do Colombia and Italy rank globally for taxes on goods and services?
- Colombia ranks 114th and Italy ranks 117th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.