Italy

GDP (Nominal)

Population

Rome

Capital

EUR

Currency

Member Organizations

NATOG7G20UNOECDWTOIMFWorld BankEUSchengen Area

Government Revenue

Fiscal Year 2024

Government revenue breakdown by source

Italy Government Spending

Fiscal Year 2024

Government spending breakdown by category

Revenue SourcesShows the main sources of government income, helping to understand how the country funds its public services.

IRPEF (Imposta sul reddito delle persone fisiche)236.00B EUR

IVA (Imposta sul valore aggiunto)178.00B EUR

IRES (Imposta sul reddito delle società)57.00B EUR

Accise su energia, tabacchi e alcoli30.00B EUR

Imposta di registro e altri tributi minori20.00B EUR

Entrate non tributarie15.00B EUR

Total Revenue556.00B EUR

Spending AllocationShows how government funds are distributed across different sectors, revealing national priorities and commitments.

Previdenza (Pensioni pubbliche)300.00B EUR

Sanità (Fondi sanitari alle regioni)130.00B EUR

Istruzione e Ricerca80.00B EUR

Difesa30.00B EUR

Servizio del debito (Interessi)70.00B EUR

Sicurezza pubblica e giustizia40.00B EUR

Trasporti e infrastrutture20.00B EUR

Altre spese100.00B EUR

Total Spending770.00B EUR

ControversiesFiscal controversies highlight political, social, or economic challenges that can affect a country's stability and future policy direction.

Italy’s complex tax code fuels high levels of tax evasion, and repeated postponements of planned VAT increases to stimulate growth have raised questions about long-term fiscal stability. Pension reform proposals, including raising retirement ages and modifying benefit calculations, continue to provoke public sector strikes.

Spending EfficiencyMeasures how well public funds are used to achieve desired outcomes. High efficiency means more value for taxpayers and better services.

EU and IMF assessments highlight inefficiencies due to regional budget fragmentation and bureaucratic overhead, particularly in health care and justice systems. Improving administrative digitalization and consolidating regional procurement could significantly enhance budgetary productivity.

Debt to GDPShows the size of a country's government debt compared to its economy. High ratios may signal fiscal risk, while lower ratios suggest more sustainable finances.

Debt to GDP:135.3%

Government Debt:$3,113,171,820,000 USD

Tax Burden Per Capita (beta)Tax Burden Level:
Green (Low): Less than $10,000 per capitaOrange (Moderate): $10,000 - $20,000 per capitaRed (High): $20,000 - $30,000 per capitaPurple (Very High): Over $30,000 per capita

$16,382 USD14,392 EURLevel: Moderate