Canada vs Italy: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Canada
- Italy
How they compare
Canada currently reports 334.81 billion current LCU against 312.52 billion current LCU in Italy, a difference of 22.29 billion current LCU.
That makes Canada's figure about 1.1 times Italy's.
The two have swapped places 3 times across 35 shared years of data; in 1990 it was Italy ahead.
Canada ranks 58th and Italy ranks 59th of 153 countries.
Across the 4 decades both report, Canada averaged higher in 1 and Italy in 3.
Head to head by decade
| Decade | Canada | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 83.47 billion current LCU | 130.59 billion current LCU | 47.12 billion current LCU | Italy |
| 2000s | 138.20 billion current LCU | 185.68 billion current LCU | 47.48 billion current LCU | Italy |
| 2010s | 189.25 billion current LCU | 218.28 billion current LCU | 29.04 billion current LCU | Italy |
| 2020s | 297.04 billion current LCU | 266.70 billion current LCU | 30.33 billion current LCU | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Canada or Italy?
- Canada, at 334.81 billion current LCU against 312.52 billion current LCU in Italy as of 2024.
- What is the difference in taxes on income, profits and capital gains between Canada and Italy?
- 22.29 billion current LCU, with Canada ahead.
- How many years of comparable data are there for Canada and Italy?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and Italy rank globally for taxes on income, profits and capital gains?
- Canada ranks 58th and Italy ranks 59th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.