Italy vs United Kingdom of Great Britain and Northern Ireland: Taxes, Transactions

Italy
666.64 billion
in 2025
United Kingdom of Great Britain and Northern Ireland
872.87 billion
in 2025
Italy rank
17th
United Kingdom of Great Britain and Northern Ireland rank
14th

Taxes, Transactions over time

  • Italy
  • United Kingdom of Great Britain and Northern Ireland
200.0B400.0B600.0B800.0B199920122025

How they compare

United Kingdom of Great Britain and Northern Ireland currently reports 872.87 billion against 666.64 billion in Italy, a difference of 206.24 billion.

That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.3 times Italy's.

The two have swapped places 1 time across 27 shared years of data; in 1999 it was Italy ahead.

Italy ranks 17th and United Kingdom of Great Britain and Northern Ireland ranks 14th of 35 countries.

Across the 4 decades both report, Italy averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 2.

Head to head by decade

Decade Italy United Kingdom of Great Britain and Northern Ireland Difference Ahead
1990s 340.11 billion 277.52 billion 62.59 billion Italy
2000s 408.88 billion 364.02 billion 44.86 billion Italy
2010s 491.32 billion 508.54 billion 17.22 billion United Kingdom of Great Britain and Northern Ireland
2020s 587.27 billion 732.99 billion 145.71 billion United Kingdom of Great Britain and Northern Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes, transactions, Italy or United Kingdom of Great Britain and Northern Ireland?
United Kingdom of Great Britain and Northern Ireland, at 872.87 billion against 666.64 billion in Italy as of 2025.
What is the difference in taxes, transactions between Italy and United Kingdom of Great Britain and Northern Ireland?
206.24 billion, with United Kingdom of Great Britain and Northern Ireland ahead.
How many years of comparable data are there for Italy and United Kingdom of Great Britain and Northern Ireland?
27 years are reported by both, from 1999 to 2025.
How do Italy and United Kingdom of Great Britain and Northern Ireland rank globally for taxes, transactions?
Italy ranks 17th and United Kingdom of Great Britain and Northern Ireland ranks 14th of 35 countries.
Where does this data come from?
International Monetary Fund, published as Taxes, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs United Kingdom of Great Britain and Northern Ireland: Taxes, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/taxes-transactions-statement-of-operations-general-government/italy/united-kingdom/

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About this data

Indicator
Taxes, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.