Italy - Other taxes (current LCU)

The value for Other taxes (current LCU) in Italy was 33,934,000,000 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 38,990,000,000 in 2009 and a minimum value of 42,865,920 in 1975.

Definition: Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1973 236,537,300
1974 259,261,400
1975 42,865,920
1976 53,195,060
1977 59,392,540
1978 695,151,000
1979 840,791,800
1980 1,043,759,000
1981 1,027,749,000
1982 1,468,287,000
1983 1,925,868,000
1984 2,307,013,000
1985 2,525,474,000
1986 2,982,022,000
1987 3,082,731,000
1988 2,465,565,000
1989 2,776,989,000
1990 2,687,125,000
1991 3,514,489,000
1992 3,997,893,000
1993 4,995,171,000
1994 7,765,446,000
1995 20,849,000,000
1996 18,965,000,000
1997 24,291,000,000
1998 22,675,000,000
1999 19,700,000,000
2000 19,008,000,000
2001 19,153,000,000
2002 23,815,000,000
2003 36,350,000,000
2004 29,352,000,000
2005 23,696,000,000
2006 26,985,000,000
2007 27,809,000,000
2008 27,377,000,000
2009 38,990,000,000
2010 30,343,000,000
2011 33,952,000,000
2012 35,213,000,000
2013 34,134,000,000
2014 31,957,000,000
2015 30,981,000,000
2016 37,838,000,000
2017 34,992,000,000
2018 34,675,000,000
2019 33,934,000,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance