India vs Italy: Taxes less subsidies on products

India
364.87 billion current US$
in 2025
Italy
275.06 billion current US$
in 2025
India rank
5th
Italy rank
7th

Taxes less subsidies on products over time

  • India
  • Italy
0100.0B200.0B300.0B400.0B196019922025

How they compare

India currently reports 364.87 billion current US$ against 275.06 billion current US$ in Italy, a difference of 89.81 billion current US$.

That makes India's figure about 1.3 times Italy's.

The two have swapped places 1 time across 56 shared years of data; in 1970 it was Italy ahead.

India ranks 5th and Italy ranks 7th of 199 countries.

Across the 6 decades both report, India averaged higher in 1 and Italy in 5.

Head to head by decade

Decade India Italy Difference Ahead
1970s 8.43 billion current US$ 13.96 billion current US$ 5.52 billion current US$ Italy
1980s 22.65 billion current US$ 41.28 billion current US$ 18.63 billion current US$ Italy
1990s 31.54 billion current US$ 115.97 billion current US$ 84.44 billion current US$ Italy
2000s 63.81 billion current US$ 178.46 billion current US$ 114.66 billion current US$ Italy
2010s 182.09 billion current US$ 225.87 billion current US$ 43.77 billion current US$ Italy
2020s 302.31 billion current US$ 235.26 billion current US$ 67.05 billion current US$ India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, India or Italy?
India, at 364.87 billion current US$ against 275.06 billion current US$ in Italy as of 2025.
What is the difference in taxes less subsidies on products between India and Italy?
89.81 billion current US$, with India ahead.
How many years of comparable data are there for India and Italy?
56 years are reported by both, from 1970 to 2025.
How do India and Italy rank globally for taxes less subsidies on products?
India ranks 5th and Italy ranks 7th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India 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-us/india/italy/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,453 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 indicator is expressed in United States dollars.