Taxes on goods and services (current LCU) in Italy
Italy: Taxes on goods and services (current LCU) was 213.15 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Italy, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Italy stood at 213.15 billion current LCU. That is the highest value across all 52 years on record.
The figure is up 5.5% on the previous year and up 31.1% over ten years.
Over the whole period, taxes on goods and services in Italy peaked at 213.15 billion current LCU in 2024 and was at its lowest, 4.27 billion current LCU, in 1973.
Italy ranks 65th of 157 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) in Italy, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 4.27 billion current LCU | — |
| 1974 | 5.55 billion current LCU | +30.0% |
| 1975 | 5.72 billion current LCU | +3.1% |
| 1976 | 7.39 billion current LCU | +29.1% |
| 1977 | 9.16 billion current LCU | +24.0% |
| 1978 | 10.00 billion current LCU | +9.2% |
| 1979 | 12.55 billion current LCU | +25.5% |
| 1980 | 16.83 billion current LCU | +34.1% |
| 1981 | 19.29 billion current LCU | +14.6% |
| 1982 | 23.49 billion current LCU | +21.8% |
| 1983 | 29.79 billion current LCU | +26.8% |
| 1984 | 34.01 billion current LCU | +14.1% |
| 1985 | 36.35 billion current LCU | +6.9% |
| 1986 | 41.51 billion current LCU | +14.2% |
| 1987 | 44.76 billion current LCU | +7.8% |
| 1988 | 62.49 billion current LCU | +39.6% |
| 1989 | 70.57 billion current LCU | +12.9% |
| 1990 | 78.83 billion current LCU | +11.7% |
| 1991 | 92.63 billion current LCU | +17.5% |
| 1992 | 96.17 billion current LCU | +3.8% |
| 1993 | 93.19 billion current LCU | -3.1% |
| 1994 | 99.11 billion current LCU | +6.4% |
| 1995 | 90.22 billion current LCU | -9.0% |
| 1996 | 90.63 billion current LCU | +0.4% |
| 1997 | 98.78 billion current LCU | +9.0% |
| 1998 | 107.78 billion current LCU | +9.1% |
| 1999 | 114.05 billion current LCU | +5.8% |
| 2000 | 113.73 billion current LCU | -0.3% |
| 2001 | 113.82 billion current LCU | +0.1% |
| 2002 | 117.74 billion current LCU | +3.4% |
| 2003 | 116.77 billion current LCU | -0.8% |
| 2004 | 122.74 billion current LCU | +5.1% |
| 2005 | 127.09 billion current LCU | +3.5% |
| 2006 | 136.45 billion current LCU | +7.4% |
| 2007 | 139.88 billion current LCU | +2.5% |
| 2008 | 136.31 billion current LCU | -2.6% |
| 2009 | 134.46 billion current LCU | -1.4% |
| 2010 | 145.35 billion current LCU | +8.1% |
| 2011 | 151.12 billion current LCU | +4.0% |
| 2012 | 155.07 billion current LCU | +2.6% |
| 2013 | 155.46 billion current LCU | +0.2% |
| 2014 | 162.55 billion current LCU | +4.6% |
| 2015 | 163.49 billion current LCU | +0.6% |
| 2016 | 168.93 billion current LCU | +3.3% |
| 2017 | 172.44 billion current LCU | +2.1% |
| 2018 | 174.90 billion current LCU | +1.4% |
| 2019 | 180.13 billion current LCU | +3.0% |
| 2020 | 157.79 billion current LCU | -12.4% |
| 2021 | 181.21 billion current LCU | +14.8% |
| 2022 | 191.68 billion current LCU | +5.8% |
| 2023 | 201.96 billion current LCU | +5.4% |
| 2024 | 213.15 billion current LCU | +5.5% |
Italy compared with similar countries
- Italy's 213.15 billion current LCU is above the median for high income countries, which is 39.13 billion current LCU, 5.4× the median. (57 countries reporting)
- Italy's 213.15 billion current LCU is above the median for Europe & Central Asia, which is 85.71 billion current LCU, 2.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.81 billion current LCU | 4.27 billion current LCU | 12.55 billion current LCU | 7 |
| 1980s | 37.91 billion current LCU | 16.83 billion current LCU | 70.57 billion current LCU | 10 |
| 1990s | 96.14 billion current LCU | 78.83 billion current LCU | 114.05 billion current LCU | 10 |
| 2000s | 125.90 billion current LCU | 113.73 billion current LCU | 139.88 billion current LCU | 10 |
| 2010s | 162.94 billion current LCU | 145.35 billion current LCU | 180.13 billion current LCU | 10 |
| 2020s | 189.16 billion current LCU | 157.79 billion current LCU | 213.15 billion current LCU | 5 |
Countries ranked near Italy
More public sector data for Italy
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in Italy?
- Taxes on goods and services in Italy was 213.15 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Italy?
- The highest recorded value was 213.15 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Italy?
- The lowest recorded value was 4.27 billion current LCU in 1973.
- How does Italy rank for taxes on goods and services?
- Italy ranks 65th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Italy?
- Over the last ten years it is up 31.1%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.