Cyprus vs Italy: Taxes less subsidies on products (current LCU), per unit of GDP

Cyprus
0.0964 current LCU per US$ of GDP
in 2025
Italy
0.0954 current LCU per US$ of GDP
in 2025
Cyprus rank
157th
Italy rank
159th

Taxes less subsidies on products (current LCU), per unit of GDP over time

  • Cyprus
  • Italy
0.020.040.060.080.10.12197019972025

How they compare

Cyprus currently reports 0.0964 current LCU per US$ of GDP against 0.0954 current LCU per US$ of GDP in Italy, a difference of 0.001 current LCU per US$ of GDP.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Italy ahead.

Cyprus ranks 157th and Italy ranks 159th of 197 countries.

Across the 4 decades both report, Cyprus averaged higher in 3 and Italy in 1.

Head to head by decade

Decade Cyprus Italy Difference Ahead
1990s 0.0666 current LCU per US$ of GDP 0.0865 current LCU per US$ of GDP 0.0199 current LCU per US$ of GDP Italy
2000s 0.098 current LCU per US$ of GDP 0.0875 current LCU per US$ of GDP 0.0105 current LCU per US$ of GDP Cyprus
2010s 0.0987 current LCU per US$ of GDP 0.0895 current LCU per US$ of GDP 0.0092 current LCU per US$ of GDP Cyprus
2020s 0.1002 current LCU per US$ of GDP 0.0944 current LCU per US$ of GDP 0.0058 current LCU per US$ of GDP Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per unit of gdp, Cyprus or Italy?
Cyprus, at 0.0964 current LCU per US$ of GDP against 0.0954 current LCU per US$ of GDP in Italy as of 2025.
What is the difference in taxes less subsidies on products (current lcu), per unit of gdp between Cyprus and Italy?
0.001 current LCU per US$ of GDP, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Italy?
31 years are reported by both, from 1995 to 2025.
How do Cyprus and Italy rank globally for taxes less subsidies on products (current lcu), per unit of gdp?
Cyprus ranks 157th and Italy ranks 159th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Italy: Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-unit-of-gdp/cyprus/italy/

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About this data

Indicator
Taxes less subsidies on products (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.