Italy | Revenue, excluding grants (% of GDP)
Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Italian Republic
Records
63
Source
Italy | Revenue, excluding grants (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
23.67716235 1973
24.14570033 1974
24.48324174 1975
25.77153444 1976
26.78402168 1977
28.09937145 1978
28.28015438 1979
29.62137201 1980
28.97167443 1981
31.50050246 1982
33.59725321 1983
32.21186983 1984
31.60331931 1985
34.23939761 1986
33.85391892 1987
34.36111865 1988
35.43562201 1989
1990
1991
1992
1993
1994
40.61034774 1995
40.86979228 1996
42.29971274 1997
38.71059741 1998
39.13791394 1999
37.13171245 2000
37.00348 2001
36.64482419 2002
36.4368307 2003
35.97763301 2004
35.70570406 2005
36.81701938 2006
37.86270316 2007
38.10058183 2008
38.90903182 2009
38.69093095 2010
38.4027762 2011
39.87647556 2012
40.24241059 2013
39.9018536 2014
39.77273757 2015
39.95183829 2016
39.46388583 2017
39.36228203 2018
40.08530327 2019
40.57307079 2020
40.36668149 2021
2022
Italy | Revenue, excluding grants (% of GDP)
Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Italian Republic
Records
63
Source