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)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 4269549184.7728
1974 5548812923.8174
1975 5721309528.1133
1976 7387915941.4751
1977 9159363105.352
1978 10000671393.969
1979 12553517846.168
1980 16833912625.822
1981 19294829749.983
1982 23491558511.984
1983 29793882051.573
1984 34006620977.446
1985 36347203644.12
1986 41509190350.519
1987 44757704245.792
1988 62492834160.525
1989 70572285889.881
1990 78830431706.322
1991 92633258791.387
1992 96170472093.251
1993 93193614526.9
1994 99111694133.566
1995 90225000000
1996 90631000000
1997 98781000000
1998 107783000000
1999 114046000000
2000 113727000000
2001 113826000000
2002 117741000000
2003 116775000000
2004 122741000000
2005 127098000000
2006 136104000000
2007 139407000000
2008 135424000000
2009 130994000000
2010 142841000000
2011 148537000000
2012 153534000000
2013 152599000000
2014 158345000000
2015 159878000000
2016 166473000000
2017 170349000000
2018 173197000000
2019 176603000000
2020 154309000000
2021 178020000000
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