Italy—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #106 of 139
Latest Value
23.3%
2023
YoY Change
-0.9%
2022 → 2023
Global Rank
#106
of 139 countries
Maximum
24.7%
2014
Minimum
21.5%
2009
CAGR
-0.2%
24 years
Last
23.3%
Previous
23.6%
Highest
24.7%
Lowest
21.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 23.3% | -0.9% |
| 2022 | 23.6% | -1.4% |
| 2021 | 23.9% | +3.8% |
| 2020 | 23.0% | -6.4% |
| 2019 | 24.6% | -0.3% |
| 2018 | 24.6% | +0.0% |
| 2017 | 24.6% | +0.6% |
| 2016 | 24.5% | +0.8% |
| 2015 | 24.3% | -1.6% |
| 2014 | 24.7% | +4.2% |
| 2013 | 23.7% | -0.3% |
| 2012 | 23.8% | +0.5% |
| 2011 | 23.7% | +2.6% |
| 2010 | 23.1% | +7.3% |
| 2009 | 21.5% | -1.2% |
| 2008 | 21.8% | -4.6% |
| 2007 | 22.8% | -3.9% |
| 2006 | 23.7% | -0.2% |
| 2005 | 23.8% | +1.5% |
| 2004 | 23.4% | +2.3% |
| 2003 | 22.9% | -3.6% |
| 2002 | 23.7% | +1.0% |
| 2001 | 23.5% | -4.5% |
| 2000 | 24.6% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →