Italy: Taxes on goods and services
* indicates monthly or quarterly data series
| Italy |
Taxes on goods and services, percent of total revenue |
|---|---|
| Latest value | 33.94 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1995 - 2022 |
| Average | 34.09 |
| Min - Max | 29.32 - 36.21 |
| Source | The World Bank |
The latest value from 2022 is 33.94 percent, a decline from 34.98 percent in 2021. In comparison, the world average is 37.61 percent, based on data from 95 countries. Historically, the average for Italy from 1995 to 2022 is 34.09 percent. The minimum value, 29.32 percent, was reached in 1995 while the maximum of 36.21 percent was recorded in 2018.
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 data
Historical series
Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 18.15 | 2023 | 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 | 119.74 | Q4/2024 | billion |
| Long-term interest rate | 3.32 | 12/2024 | percent |
| Tax revenue | 24.92 | 2022 | 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 | 33.94 | 2022 | percent |
| Income and profits taxes | 47.02 | 2022 | percent |