Italy: Tax revenue

* indicates monthly or quarterly data series
 Italy

Tax revenue, percent of GDP

 Latest value 24.93
 Year 2021
 Measure percent
 Data availability 1973 - 2021
 Average 22.11
 Min - Max 12.55 - 26.27
 Source The World Bank
For that indicator, we provide data for Italy from 1973 to 2021. The average value for Italy during that period was 22.11 percent with a minimum of 12.55 percent in 1973 and a maximum of 26.27 percent in 1993. The latest value from 2021 is 24.93 percent. For comparison, the world average in 2021 based on 105 countries is 17.48 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Italy - Tax revenue - Recent values chart

Historical chart
Italy - Tax revenue - historical chart - 1973-2021




Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 19.21 2022 percent
 Government spending, in dollars 409.25 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -7.20 2023 percent
 Government debt 137.30 2023 percent
 Government expenditure 86.80 Q3/2023 billion
 Long-term government bond yield 4.51 9/2023 percent
 Tax revenue 24.93 2021 percent
 Commercial tax rate 59.10 2019 percent
 Tax preparation time 238 2019 hours
 Number of taxes 14 2019 taxes
 Taxes on goods and services 23.84 2021 percent
 Taxes on international trade 0.01 1989 percent
 Income and profits taxes 32.27 2021 percent
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