Taxes on income, profits and capital gains in Italy
Italy: Taxes on income, profits and capital gains was 55.4% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Italy, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Italy is 55.4%, measured in 2024.
That represents a change of up 0.8% on the previous year and up 5.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Italy peaked at 59.3% in 1986 and was at its lowest, 31.3%, in 1973.
That places Italy 22nd out of 153 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Taxes on income, profits and capital gains in Italy, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1973 | 31.3% | — |
| 1974 | 35.5% | +13.3% |
| 1975 | 40.2% | +13.2% |
| 1976 | 43.8% | +8.9% |
| 1977 | 47.1% | +7.5% |
| 1978 | 50.2% | +6.7% |
| 1979 | 49.6% | -1.3% |
| 1980 | 51.1% | +3.1% |
| 1981 | 54.8% | +7.1% |
| 1982 | 56.8% | +3.7% |
| 1983 | 56.8% | -0.1% |
| 1984 | 56.3% | -0.7% |
| 1985 | 57.2% | +1.5% |
| 1986 | 59.3% | +3.6% |
| 1987 | 58.7% | -1.0% |
| 1988 | 53.3% | -9.2% |
| 1989 | 53.4% | +0.2% |
| 1990 | 53.9% | +0.8% |
| 1991 | 51.4% | -4.5% |
| 1992 | 53.2% | +3.5% |
| 1993 | 56.8% | +6.7% |
| 1994 | 53.5% | -5.9% |
| 1995 | 53.9% | +0.8% |
| 1996 | 56.9% | +5.6% |
| 1997 | 56.3% | -1.0% |
| 1998 | 53.5% | -4.9% |
| 1999 | 54.5% | +1.8% |
| 2000 | 55.1% | +1.2% |
| 2001 | 56.4% | +2.4% |
| 2002 | 54.2% | -4.0% |
| 2003 | 51.8% | -4.5% |
| 2004 | 52.9% | +2.1% |
| 2005 | 54.0% | +2.2% |
| 2006 | 54.9% | +1.7% |
| 2007 | 56.4% | +2.6% |
| 2008 | 57.5% | +2.1% |
| 2009 | 54.1% | -6.0% |
| 2010 | 54.3% | +0.3% |
| 2011 | 52.9% | -2.6% |
| 2012 | 53.2% | +0.7% |
| 2013 | 53.6% | +0.6% |
| 2014 | 52.4% | -2.2% |
| 2015 | 52.9% | +1.0% |
| 2016 | 51.6% | -2.4% |
| 2017 | 52.0% | +0.7% |
| 2018 | 51.6% | -0.9% |
| 2019 | 52.1% | +1.0% |
| 2020 | 54.4% | +4.5% |
| 2021 | 52.8% | -3.0% |
| 2022 | 53.2% | +0.8% |
| 2023 | 55.0% | +3.3% |
| 2024 | 55.4% | +0.8% |
Italy compared with similar countries
- Italy's 55.4% is above the median for high income countries, which is 43.9%, 1.3× the median. (55 countries reporting)
- Italy's 55.4% is above the median for Europe & Central Asia, which is 39.4%, 1.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.5% | 31.3% | 50.2% | 7 |
| 1980s | 55.8% | 51.1% | 59.3% | 10 |
| 1990s | 54.4% | 51.4% | 56.9% | 10 |
| 2000s | 54.7% | 51.8% | 57.5% | 10 |
| 2010s | 52.7% | 51.6% | 54.3% | 10 |
| 2020s | 54.2% | 52.8% | 55.4% | 5 |
Countries ranked near Italy
- 19 Micronesia (country) 57.5% compare
- 20 Iraq 57.2% compare
- 21 Netherlands 55.8% compare
- 23 Luxembourg 55.4% compare
- 24 South Korea 54.8% compare
- 25 Mexico 54.2% compare
More public sector data for Italy
- Democracy, 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)
- Elected parliament, 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)
- 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 income, profits and capital gains in Italy?
- Taxes on income, profits and capital gains in Italy was 55.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Italy?
- The highest recorded value was 59.3% in 1986.
- What is the lowest taxes on income, profits and capital gains recorded in Italy?
- The lowest recorded value was 31.3% in 1973.
- How does Italy rank for taxes on income, profits and capital gains?
- Italy ranks 22nd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Italy?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- 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 income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.