Taxes on goods and services (% of revenue) in Italy
Italy: Taxes on goods and services (% of revenue) was 23.7% in 2024. ▼ Falling
Taxes on goods and services in Italy, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on goods and services in Italy is 23.7%, measured in 2024.
The figure is up 1.5% on the previous year and down 4.1% over ten years.
Over the whole period, taxes on goods and services in Italy peaked at 34.0% in 1974 and was at its lowest, 21.2%, in 1996.
Italy ranks 117th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Taxes on goods and services (% of revenue) in Italy, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1973 | 33.8% | — |
| 1974 | 34.0% | +0.5% |
| 1975 | 30.2% | -11.3% |
| 1976 | 29.5% | -2.3% |
| 1977 | 28.9% | -1.9% |
| 1978 | 25.4% | -12.2% |
| 1979 | 25.7% | +1.3% |
| 1980 | 26.4% | +2.6% |
| 1981 | 25.7% | -2.4% |
| 1982 | 24.4% | -4.9% |
| 1983 | 25.0% | +2.3% |
| 1984 | 26.0% | +4.0% |
| 1985 | 25.3% | -2.9% |
| 1986 | 24.0% | -4.9% |
| 1987 | 24.0% | -0.3% |
| 1988 | 30.2% | +26.2% |
| 1989 | 30.2% | -0.2% |
| 1995 | 22.5% | -25.6% |
| 1996 | 21.2% | -5.6% |
| 1997 | 21.4% | +0.7% |
| 1998 | 24.4% | +14.3% |
| 1999 | 24.7% | +1.2% |
| 2000 | 24.6% | -0.3% |
| 2001 | 23.5% | -4.5% |
| 2002 | 23.7% | +1.0% |
| 2003 | 22.9% | -3.6% |
| 2004 | 23.4% | +2.3% |
| 2005 | 23.8% | +1.5% |
| 2006 | 23.7% | -0.2% |
| 2007 | 22.8% | -3.9% |
| 2008 | 21.8% | -4.6% |
| 2009 | 21.5% | -1.2% |
| 2010 | 23.1% | +7.3% |
| 2011 | 23.7% | +2.6% |
| 2012 | 23.8% | +0.5% |
| 2013 | 23.7% | -0.3% |
| 2014 | 24.7% | +4.2% |
| 2015 | 24.3% | -1.6% |
| 2016 | 24.5% | +0.8% |
| 2017 | 24.6% | +0.6% |
| 2018 | 24.6% | +0.0% |
| 2019 | 24.6% | -0.3% |
| 2020 | 23.0% | -6.4% |
| 2021 | 23.9% | +3.8% |
| 2022 | 23.5% | -1.5% |
| 2023 | 23.3% | -0.9% |
| 2024 | 23.7% | +1.5% |
Italy compared with similar countries
- Italy's 23.7% is below the median for high income countries, which is 26.4%, 90% of the median. (57 countries reporting)
- Italy's 23.7% is below the median for Europe & Central Asia, which is 31.1%, 76% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (% of revenue) in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +26.2% | 24.0% | 30.2% |
| 1995 | -25.6% | 30.2% | 22.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.6% | 25.4% | 34.0% | 7 |
| 1980s | 26.1% | 24.0% | 30.2% | 10 |
| 1990s | 22.8% | 21.2% | 24.7% | 5 |
| 2000s | 23.2% | 21.5% | 24.6% | 10 |
| 2010s | 24.2% | 23.1% | 24.7% | 10 |
| 2020s | 23.5% | 23.0% | 23.9% | 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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 566.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services in Italy?
- Taxes on goods and services in Italy was 23.7% 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 34.0% in 1974.
- What is the lowest taxes on goods and services recorded in Italy?
- The lowest recorded value was 21.2% in 1996.
- How does Italy rank for taxes on goods and services?
- Italy ranks 117th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Italy?
- Over the last ten years it is down 4.1%. The long-run trend across the full record is falling.
- 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 (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.