Australia vs Italy: Taxes less subsidies on products

Australia
171.12 billion constant LCU
in 2025
Italy
207.11 billion constant LCU
in 2025
Australia rank
67th
Italy rank
66th

Taxes less subsidies on products over time

  • Australia
  • Italy
50.0B100.0B150.0B200.0B250.0B197019972025

How they compare

Italy currently reports 207.11 billion constant LCU against 171.12 billion constant LCU in Australia, a difference of 36.00 billion constant LCU.

That makes Italy's figure about 1.2 times Australia's.

Across all 51 years both countries report, Italy has been ahead every year.

Australia ranks 67th and Italy ranks 66th of 189 countries.

Italy has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Australia Italy Difference Ahead
1970s 59.55 billion constant LCU 152.70 billion constant LCU 93.15 billion constant LCU Italy
1980s 69.08 billion constant LCU 168.81 billion constant LCU 99.72 billion constant LCU Italy
1990s 91.97 billion constant LCU 204.62 billion constant LCU 112.65 billion constant LCU Italy
2000s 127.09 billion constant LCU 237.62 billion constant LCU 110.53 billion constant LCU Italy
2010s 148.06 billion constant LCU 209.36 billion constant LCU 61.30 billion constant LCU Italy
2020s 164.82 billion constant LCU 194.47 billion constant LCU 29.65 billion constant LCU Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Australia or Italy?
Italy, at 207.11 billion constant LCU against 171.12 billion constant LCU in Australia as of 2025.
What is the difference in taxes less subsidies on products between Australia and Italy?
36.00 billion constant LCU, with Italy ahead.
How many years of comparable data are there for Australia and Italy?
51 years are reported by both, from 1975 to 2025.
How do Australia and Italy rank globally for taxes less subsidies on products?
Australia ranks 67th and Italy ranks 66th of 189 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Italy: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu/australia/italy/

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About this data

Indicator
Taxes less subsidies on products (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 7,356 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.