Taxes on goods and services (current LCU), per unit of GDP in Italy
Italy: Taxes on goods and services (current LCU), per unit of GDP was 0.0894 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Italy, 1973–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Italy is 0.0894 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 2.6% on the previous year and up 19.6% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Italy peaked at 0.0989 current LCU per US$ of GDP in 2000 and was at its lowest, 0.0243 current LCU per US$ of GDP, in 1973.
That places Italy 131st out of 157 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Italy, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1973 | 0.0243 current LCU per US$ of GDP | — |
| 1974 | 0.0277 current LCU per US$ of GDP | +14.3% |
| 1975 | 0.0251 current LCU per US$ of GDP | -9.6% |
| 1976 | 0.0328 current LCU per US$ of GDP | +30.8% |
| 1977 | 0.0355 current LCU per US$ of GDP | +8.2% |
| 1978 | 0.0317 current LCU per US$ of GDP | -10.7% |
| 1979 | 0.0318 current LCU per US$ of GDP | +0.5% |
| 1980 | 0.0352 current LCU per US$ of GDP | +10.6% |
| 1981 | 0.0447 current LCU per US$ of GDP | +27.0% |
| 1982 | 0.0549 current LCU per US$ of GDP | +22.7% |
| 1983 | 0.0671 current LCU per US$ of GDP | +22.3% |
| 1984 | 0.0775 current LCU per US$ of GDP | +15.5% |
| 1985 | 0.0802 current LCU per US$ of GDP | +3.5% |
| 1986 | 0.0647 current LCU per US$ of GDP | -19.4% |
| 1987 | 0.0554 current LCU per US$ of GDP | -14.3% |
| 1988 | 0.0699 current LCU per US$ of GDP | +26.2% |
| 1989 | 0.0758 current LCU per US$ of GDP | +8.4% |
| 1990 | 0.0666 current LCU per US$ of GDP | -12.2% |
| 1991 | 0.0742 current LCU per US$ of GDP | +11.4% |
| 1992 | 0.0727 current LCU per US$ of GDP | -2.0% |
| 1993 | 0.0873 current LCU per US$ of GDP | +20.1% |
| 1994 | 0.09 current LCU per US$ of GDP | +3.0% |
| 1995 | 0.0766 current LCU per US$ of GDP | -14.8% |
| 1996 | 0.0689 current LCU per US$ of GDP | -10.0% |
| 1997 | 0.0793 current LCU per US$ of GDP | +15.1% |
| 1998 | 0.0847 current LCU per US$ of GDP | +6.7% |
| 1999 | 0.0909 current LCU per US$ of GDP | +7.3% |
| 2000 | 0.0989 current LCU per US$ of GDP | +8.9% |
| 2001 | 0.0971 current LCU per US$ of GDP | -1.8% |
| 2002 | 0.0919 current LCU per US$ of GDP | -5.4% |
| 2003 | 0.0738 current LCU per US$ of GDP | -19.7% |
| 2004 | 0.0677 current LCU per US$ of GDP | -8.2% |
| 2005 | 0.0681 current LCU per US$ of GDP | +0.6% |
| 2006 | 0.0697 current LCU per US$ of GDP | +2.2% |
| 2007 | 0.0629 current LCU per US$ of GDP | -9.7% |
| 2008 | 0.0564 current LCU per US$ of GDP | -10.4% |
| 2009 | 0.0609 current LCU per US$ of GDP | +7.9% |
| 2010 | 0.0678 current LCU per US$ of GDP | +11.4% |
| 2011 | 0.0655 current LCU per US$ of GDP | -3.3% |
| 2012 | 0.0739 current LCU per US$ of GDP | +12.8% |
| 2013 | 0.0722 current LCU per US$ of GDP | -2.3% |
| 2014 | 0.0748 current LCU per US$ of GDP | +3.6% |
| 2015 | 0.0886 current LCU per US$ of GDP | +18.5% |
| 2016 | 0.0895 current LCU per US$ of GDP | +1.0% |
| 2017 | 0.0875 current LCU per US$ of GDP | -2.3% |
| 2018 | 0.0833 current LCU per US$ of GDP | -4.8% |
| 2019 | 0.0892 current LCU per US$ of GDP | +7.1% |
| 2020 | 0.0827 current LCU per US$ of GDP | -7.3% |
| 2021 | 0.0832 current LCU per US$ of GDP | +0.5% |
| 2022 | 0.0911 current LCU per US$ of GDP | +9.6% |
| 2023 | 0.0872 current LCU per US$ of GDP | -4.3% |
| 2024 | 0.0894 current LCU per US$ of GDP | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0298 current LCU per US$ of GDP | 0.0243 current LCU per US$ of GDP | 0.0355 current LCU per US$ of GDP | 7 |
| 1980s | 0.0625 current LCU per US$ of GDP | 0.0352 current LCU per US$ of GDP | 0.0802 current LCU per US$ of GDP | 10 |
| 1990s | 0.0791 current LCU per US$ of GDP | 0.0666 current LCU per US$ of GDP | 0.0909 current LCU per US$ of GDP | 10 |
| 2000s | 0.0747 current LCU per US$ of GDP | 0.0564 current LCU per US$ of GDP | 0.0989 current LCU per US$ of GDP | 10 |
| 2010s | 0.0792 current LCU per US$ of GDP | 0.0655 current LCU per US$ of GDP | 0.0895 current LCU per US$ of GDP | 10 |
| 2020s | 0.0867 current LCU per US$ of GDP | 0.0827 current LCU per US$ of GDP | 0.0911 current LCU per US$ of GDP | 5 |
Countries ranked near Italy
- 128 Luxembourg 0.1042 current LCU per US$ of GDP compare
- 129 Slovakia 0.1029 current LCU per US$ of GDP compare
- 130 Netherlands 0.0963 current LCU per US$ of GDP compare
- 132 Malta 0.087 current LCU per US$ of GDP compare
- 133 United Kingdom of Great Britain and Northern Ireland 0.0848 current LCU per US$ of GDP compare
- 134 Belgium 0.084 current LCU per US$ of GDP 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), per unit of gdp in Italy?
- Taxes on goods and services (current lcu), per unit of gdp in Italy was 0.0894 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Italy?
- The highest recorded value was 0.0989 current LCU per US$ of GDP in 2000.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Italy?
- The lowest recorded value was 0.0243 current LCU per US$ of GDP in 1973.
- How does Italy rank for taxes on goods and services (current lcu), per unit of gdp?
- Italy ranks 131st out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Italy?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.