Taxes on goods and services in Italy
Italy: Taxes on goods and services 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 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% |
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
- 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 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.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.