Canada vs Italy: Taxes less subsidies on products

Canada
202.56 billion current LCU
in 2025
Italy
243.42 billion current LCU
in 2025
Canada rank
76th
Italy rank
73rd

Taxes less subsidies on products over time

  • Canada
  • Italy
050.0B100.0B150.0B200.0B250.0B197019972025

How they compare

Italy currently reports 243.42 billion current LCU against 202.56 billion current LCU in Canada, a difference of 40.86 billion current LCU.

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

The two have swapped places 3 times across 56 shared years of data; in 1970 it was Canada ahead.

Canada ranks 76th and Italy ranks 73rd of 199 countries.

Across the 6 decades both report, Canada averaged higher in 2 and Italy in 4.

Head to head by decade

Decade Canada Italy Difference Ahead
1970s 11.56 billion current LCU 5.30 billion current LCU 6.26 billion current LCU Canada
1980s 30.74 billion current LCU 29.57 billion current LCU 1.17 billion current LCU Canada
1990s 59.93 billion current LCU 92.01 billion current LCU 32.08 billion current LCU Italy
2000s 93.66 billion current LCU 148.14 billion current LCU 54.48 billion current LCU Italy
2010s 130.90 billion current LCU 184.17 billion current LCU 53.27 billion current LCU Italy
2020s 183.64 billion current LCU 211.86 billion current LCU 28.22 billion current LCU Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Canada or Italy?
Italy, at 243.42 billion current LCU against 202.56 billion current LCU in Canada as of 2025.
What is the difference in taxes less subsidies on products between Canada and Italy?
40.86 billion current LCU, with Italy ahead.
How many years of comparable data are there for Canada and Italy?
56 years are reported by both, from 1970 to 2025.
How do Canada and Italy rank globally for taxes less subsidies on products?
Canada ranks 76th and Italy ranks 73rd of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Italy: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/canada/italy/

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,473 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.