Italy | Taxes on goods and services (current LCU)
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. 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 | Taxes on goods and services (current LCU)
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4269549184.7728 1973
5548812923.8174 1974
5721309528.1133 1975
7387915941.4751 1976
9159363105.352 1977
10000671393.969 1978
12553517846.168 1979
16833912625.822 1980
19294829749.983 1981
23491558511.984 1982
29793882051.573 1983
34006620977.446 1984
36347203644.12 1985
41509190350.519 1986
44757704245.792 1987
62492834160.525 1988
70572285889.881 1989
78830431706.322 1990
92633258791.387 1991
96170472093.251 1992
93193614526.9 1993
99111694133.566 1994
90225000000 1995
90631000000 1996
98781000000 1997
107783000000 1998
114046000000 1999
113727000000 2000
113826000000 2001
117741000000 2002
116775000000 2003
122741000000 2004
127098000000 2005
136104000000 2006
139407000000 2007
135424000000 2008
130994000000 2009
142841000000 2010
148537000000 2011
153534000000 2012
152599000000 2013
158345000000 2014
159878000000 2015
166473000000 2016
170349000000 2017
173197000000 2018
176603000000 2019
154309000000 2020
178020000000 2021
2022
Italy | Taxes on goods and services (current LCU)
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. 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