Australia vs Italy: Tax revenue

Australia

550.61 billion current LCU

in 2022

Italy

563.82 billion current LCU

in 2024

Australia rank

63rd

Italy rank

61st

Tax revenue over time

Australia
Italy

How they compare

Italy currently reports 563.82 billion current LCU against 550.61 billion current LCU in Australia, a difference of 13.21 billion current LCU.

The two have swapped places 2 times across 50 shared years of data; in 1973 it was Australia ahead.

Globally, Australia ranks 63rd and Italy ranks 61st of 157 countries.

Individual pages

About this data

Indicator: Tax revenue (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 157 places, 4,711 data points, 1972–2024
Last refreshed: 06 August 2026

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.