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Government Finance of Italy

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

27.5% 29.2% 27.0%
  • Personal income taxes: 27.5%
  • Corporate income taxes: 6.3%
  • Social security contributions: 29.2%
  • Property taxes: 5.3%
  • Goods and services taxes: 27.0%
  • Other taxes: 3.4%
Show table
Personal income taxes
27.5%
Corporate income taxes
6.3%
Social security contributions
29.2%
Property taxes
5.3%
Goods and services taxes
27.0%
Other taxes
3.4%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 138.4% #5 / 184 2026
Government Gross Debt (Local currency - EUR) 3.21T - 2026
Government Net Debt (% of GDP) 129% #2 / 86 2026
Government Net Debt (Local currency - EUR) 3T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -2.8% #88 / 189 2026
Fiscal Balance (Local currency - EUR) -65.5B - 2026
Primary Fiscal Balance (% of GDP) 0.8% #42 / 182 2026
Primary Fiscal Balance (Local currency - EUR) 18.3B - 2026

Revenue and Spending

Government Revenue (% of GDP) 47.8% #18 / 189 2026
Government Revenue (Local currency - EUR) 1.11T - 2026
Government Spending (% of GDP) 50.6% #17 / 189 2026
Government Spending (Local currency - EUR) 1.18T - 2026

International Reserves

Total Reserves (USD) 291B #12 / 163 2024

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