Italy - Net taxes on products

Net taxes on products (current US$)

The latest value for Net taxes on products (current US$) in Italy was $183,277,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $235,953,000,000 in 2008 and $9,732,410,000 in 1970.

Definition: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $9,732,410,000
1971 $10,268,630,000
1972 $10,882,970,000
1973 $12,566,860,000
1974 $14,009,730,000
1975 $11,694,660,000
1976 $13,215,580,000
1977 $16,130,460,000
1978 $19,339,780,000
1979 $21,693,630,000
1980 $28,642,290,000
1981 $23,915,620,000
1982 $26,011,590,000
1983 $29,925,810,000
1984 $29,229,140,000
1985 $29,380,790,000
1986 $42,842,590,000
1987 $58,953,790,000
1988 $70,193,270,000
1989 $73,535,000,000
1990 $102,442,000,000
1991 $114,416,000,000
1992 $124,139,000,000
1993 $96,706,130,000
1994 $100,508,000,000
1995 $113,165,000,000
1996 $123,206,000,000
1997 $122,510,000,000
1998 $130,764,000,000
1999 $131,273,000,000
2000 $119,199,000,000
2001 $115,232,000,000
2002 $125,723,000,000
2003 $150,688,000,000
2004 $176,666,000,000
2005 $183,541,000,000
2006 $202,780,000,000
2007 $226,297,000,000
2008 $235,953,000,000
2009 $212,145,000,000
2010 $214,566,000,000
2011 $233,683,000,000
2012 $213,727,000,000
2013 $214,142,000,000
2014 $218,752,000,000
2015 $185,628,000,000
2016 $191,531,000,000
2017 $201,984,000,000
2018 $214,715,000,000
2019 $207,416,000,000
2020 $183,277,000,000

Net taxes on products (current LCU)

The value for Net taxes on products (current LCU) in Italy was 160,460,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 185,280,000,000 in 2019 and a minimum value of 3,141,622,000 in 1970.

Definition: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 3,141,622,000
1971 3,290,069,000
1972 3,277,951,000
1973 3,783,883,000
1974 4,705,869,000
1975 3,943,438,000
1976 5,681,378,000
1977 7,350,649,000
1978 8,476,624,000
1979 9,308,735,000
1980 12,668,480,000
1981 14,040,860,000
1982 18,169,100,000
1983 23,473,810,000
1984 26,522,520,000
1985 28,972,400,000
1986 32,984,510,000
1987 39,463,670,000
1988 47,183,910,000
1989 52,106,900,000
1990 63,390,890,000
1991 73,306,540,000
1992 79,014,170,000
1993 78,593,060,000
1994 83,702,870,000
1995 95,206,000,000
1996 98,183,000,000
1997 107,760,000,000
1998 117,256,000,000
1999 123,171,000,000
2000 129,057,000,000
2001 128,660,000,000
2002 132,959,000,000
2003 133,215,000,000
2004 142,026,000,000
2005 147,530,000,000
2006 161,501,000,000
2007 165,123,000,000
2008 160,430,000,000
2009 152,099,000,000
2010 161,849,000,000
2011 167,881,000,000
2012 166,352,000,000
2013 161,237,000,000
2014 164,661,000,000
2015 167,306,000,000
2016 173,033,000,000
2017 178,797,000,000
2018 181,815,000,000
2019 185,280,000,000
2020 160,460,000,000

Net taxes on products (constant LCU)

The value for Net taxes on products (constant LCU) in Italy was 155,240,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 197,903,000,000 in 2007 and a minimum value of 106,689,000,000 in 1970.

Definition: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 106,689,000,000
1971 108,648,000,000
1972 112,955,000,000
1973 119,936,000,000
1974 119,760,000,000
1975 116,235,000,000
1976 124,451,000,000
1977 124,113,000,000
1978 127,103,000,000
1979 131,300,000,000
1980 129,785,000,000
1981 130,995,000,000
1982 129,795,000,000
1983 129,696,000,000
1984 132,387,000,000
1985 134,813,000,000
1986 140,890,000,000
1987 144,695,000,000
1988 150,391,000,000
1989 154,439,000,000
1990 158,812,000,000
1991 162,676,000,000
1992 164,896,000,000
1993 158,269,000,000
1994 159,442,000,000
1995 163,968,000,000
1996 165,719,000,000
1997 172,601,000,000
1998 177,526,000,000
1999 181,351,000,000
2000 188,075,000,000
2001 193,375,000,000
2002 191,896,000,000
2003 193,369,000,000
2004 193,201,000,000
2005 194,860,000,000
2006 196,284,000,000
2007 197,903,000,000
2008 191,458,000,000
2009 184,262,000,000
2010 185,457,000,000
2011 186,402,000,000
2012 175,802,000,000
2013 168,262,000,000
2014 167,374,000,000
2015 167,306,000,000
2016 168,509,000,000
2017 172,273,000,000
2018 173,752,000,000
2019 174,462,000,000
2020 155,240,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts