Italy vs United Kingdom of Great Britain and Northern Ireland: Taxes less subsidies on products

Italy
243.42 billion current LCU
in 2025
United Kingdom of Great Britain and Northern Ireland
297.09 billion current LCU
in 2025
Italy rank
73rd
United Kingdom of Great Britain and Northern Ireland rank
70th

Taxes less subsidies on products over time

  • Italy
  • United Kingdom of Great Britain and Northern Ireland
0100.0B200.0B300.0B197019972025

How they compare

United Kingdom of Great Britain and Northern Ireland currently reports 297.09 billion current LCU against 243.42 billion current LCU in Italy, a difference of 53.67 billion current LCU.

That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.2 times Italy's.

The two have swapped places 2 times across 56 shared years of data; in 1970 it was United Kingdom of Great Britain and Northern Ireland ahead.

Italy ranks 73rd and United Kingdom of Great Britain and Northern Ireland ranks 70th of 199 countries.

Across the 6 decades both report, Italy averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 4.

Head to head by decade

Decade Italy United Kingdom of Great Britain and Northern Ireland Difference Ahead
1970s 5.30 billion current LCU 7.88 billion current LCU 2.58 billion current LCU United Kingdom of Great Britain and Northern Ireland
1980s 29.57 billion current LCU 34.97 billion current LCU 5.40 billion current LCU United Kingdom of Great Britain and Northern Ireland
1990s 92.01 billion current LCU 78.21 billion current LCU 13.80 billion current LCU Italy
2000s 148.14 billion current LCU 133.58 billion current LCU 14.55 billion current LCU Italy
2010s 184.17 billion current LCU 203.37 billion current LCU 19.19 billion current LCU United Kingdom of Great Britain and Northern Ireland
2020s 211.86 billion current LCU 255.92 billion current LCU 44.06 billion current LCU United Kingdom of Great Britain and Northern Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Italy or United Kingdom of Great Britain and Northern Ireland?
United Kingdom of Great Britain and Northern Ireland, at 297.09 billion current LCU against 243.42 billion current LCU in Italy as of 2025.
What is the difference in taxes less subsidies on products between Italy and United Kingdom of Great Britain and Northern Ireland?
53.67 billion current LCU, with United Kingdom of Great Britain and Northern Ireland ahead.
How many years of comparable data are there for Italy and United Kingdom of Great Britain and Northern Ireland?
56 years are reported by both, from 1970 to 2025.
How do Italy and United Kingdom of Great Britain and Northern Ireland rank globally for taxes less subsidies on products?
Italy ranks 73rd and United Kingdom of Great Britain and Northern Ireland ranks 70th 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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Italy vs United Kingdom of Great Britain and Northern Ireland: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/italy/united-kingdom/

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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.