Italy vs Latin America & Caribbean: Revenue, excluding grants
Italy
40.1%
in 2024
Latin America & Caribbean
22.8%
in 2024
Italy rank
14th
Latin America & Caribbean rank
17th
Revenue, excluding grants over time
- Italy
- Latin America & Caribbean
How they compare
Italy currently reports 40.1% against 22.8% in Latin America & Caribbean, a difference of 17.3%.
That makes Italy's figure about 1.8 times Latin America & Caribbean's.
Across all 15 years both countries report, Italy has been ahead every year.
Italy ranks 14th and Latin America & Caribbean ranks 17th of 157 countries.
Italy has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Italy | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 39.5% | 22.3% | 17.2% | Italy |
| 2020s | 40.0% | 22.3% | 17.7% | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher revenue, excluding grants, Italy or Latin America & Caribbean?
- Italy, at 40.1% against 22.8% in Latin America & Caribbean as of 2024.
- What is the difference in revenue, excluding grants between Italy and Latin America & Caribbean?
- 17.3%, with Italy ahead.
- How many years of comparable data are there for Italy and Latin America & Caribbean?
- 15 years are reported by both, from 2010 to 2024.
- How do Italy and Latin America & Caribbean rank globally for revenue, excluding grants?
- Italy ranks 14th and Latin America & Caribbean ranks 17th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Revenue, excluding grants (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.