Taxes on goods and services (current LCU), annual growth rate in Italy
Italy: Taxes on goods and services (current LCU), annual growth rate was 5.54 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Italy, 1974–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes on goods and services (current lcu), annual growth rate in Italy is 5.54 % change on previous year, measured in 2024.
The figure is up 3.3% on the previous year and up 21.5% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Italy peaked at 39.62 % change on previous year in 1988 and was at its lowest, -12.4 % change on previous year, in 2020.
Italy ranks 107th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Italy, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1974 | 29.96 % change on previous year | — |
| 1975 | 3.11 % change on previous year | -89.6% |
| 1976 | 29.13 % change on previous year | +837.0% |
| 1977 | 23.98 % change on previous year | -17.7% |
| 1978 | 9.19 % change on previous year | -61.7% |
| 1979 | 25.53 % change on previous year | +177.9% |
| 1980 | 34.1 % change on previous year | +33.6% |
| 1981 | 14.62 % change on previous year | -57.1% |
| 1982 | 21.75 % change on previous year | +48.8% |
| 1983 | 26.83 % change on previous year | +23.3% |
| 1984 | 14.14 % change on previous year | -47.3% |
| 1985 | 6.88 % change on previous year | -51.3% |
| 1986 | 14.2 % change on previous year | +106.3% |
| 1987 | 7.83 % change on previous year | -44.9% |
| 1988 | 39.62 % change on previous year | +406.3% |
| 1989 | 12.93 % change on previous year | -67.4% |
| 1990 | 11.7 % change on previous year | -9.5% |
| 1991 | 17.51 % change on previous year | +49.6% |
| 1992 | 3.82 % change on previous year | -78.2% |
| 1993 | -3.1 % change on previous year | -181.1% |
| 1994 | 6.35 % change on previous year | -305.2% |
| 1995 | -8.97 % change on previous year | -241.2% |
| 1996 | 0.45 % change on previous year | -105.0% |
| 1997 | 8.99 % change on previous year | +1898.4% |
| 1998 | 9.11 % change on previous year | +1.3% |
| 1999 | 5.81 % change on previous year | -36.2% |
| 2000 | -0.2797 % change on previous year | -104.8% |
| 2001 | 0.0835 % change on previous year | -129.9% |
| 2002 | 3.44 % change on previous year | +4017.6% |
| 2003 | -0.8205 % change on previous year | -123.9% |
| 2004 | 5.11 % change on previous year | -722.7% |
| 2005 | 3.54 % change on previous year | -30.6% |
| 2006 | 7.37 % change on previous year | +107.9% |
| 2007 | 2.51 % change on previous year | -65.9% |
| 2008 | -2.55 % change on previous year | -201.6% |
| 2009 | -1.36 % change on previous year | -46.7% |
| 2010 | 8.1 % change on previous year | -695.2% |
| 2011 | 3.97 % change on previous year | -51.0% |
| 2012 | 2.62 % change on previous year | -34.1% |
| 2013 | 0.247 % change on previous year | -90.6% |
| 2014 | 4.56 % change on previous year | +1747.1% |
| 2015 | 0.5826 % change on previous year | -87.2% |
| 2016 | 3.33 % change on previous year | +471.1% |
| 2017 | 2.08 % change on previous year | -37.5% |
| 2018 | 1.42 % change on previous year | -31.6% |
| 2019 | 2.99 % change on previous year | +110.2% |
| 2020 | -12.4 % change on previous year | -514.8% |
| 2021 | 14.84 % change on previous year | -219.7% |
| 2022 | 5.78 % change on previous year | -61.1% |
| 2023 | 5.36 % change on previous year | -7.2% |
| 2024 | 5.54 % change on previous year | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.15 % change on previous year | 3.11 % change on previous year | 29.96 % change on previous year | 6 |
| 1980s | 19.29 % change on previous year | 6.88 % change on previous year | 39.62 % change on previous year | 10 |
| 1990s | 5.17 % change on previous year | -8.97 % change on previous year | 17.51 % change on previous year | 10 |
| 2000s | 1.7 % change on previous year | -2.55 % change on previous year | 7.37 % change on previous year | 10 |
| 2010s | 2.99 % change on previous year | 0.247 % change on previous year | 8.1 % change on previous year | 10 |
| 2020s | 3.83 % change on previous year | -12.4 % change on previous year | 14.84 % change on previous year | 5 |
Countries ranked near Italy
- 104 Hungary 5.84 % change on previous year compare
- 105 Congo 5.63 % change on previous year compare
- 106 Botswana 5.56 % change on previous year compare
- 108 Panama 5.54 % change on previous year compare
- 109 Czechia 5.34 % change on previous year compare
- 110 Cyprus 5.05 % change on previous year compare
More public sector data for Italy
- Arms imports 432.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 7.33 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -10.93 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 432.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 643.98 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0159 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 2.79 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 37.96 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,640 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), annual growth rate in Italy?
- Taxes on goods and services (current lcu), annual growth rate in Italy was 5.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Italy?
- The highest recorded value was 39.62 % change on previous year in 1988.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Italy?
- The lowest recorded value was -12.4 % change on previous year in 2020.
- How does Italy rank for taxes on goods and services (current lcu), annual growth rate?
- Italy ranks 107th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Italy?
- Over the last ten years it is up 21.5%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.