Financing of social security benefits in OECD member countries — Tax in Italy
Italy: Financing of social security benefits in OECD member countries — Tax was 12.47 Percentage of GDP in 2024. ▲ Rising
Latest (2024)
12.47 Percentage of GDP
Change on year
up 1.6%
World rank
10th
of 33 countries
All-time high
13.94 Percentage of GDP
in 1997
All-time low
8.26 Percentage of GDP
in 1966
Years of data
60
1965–2024
Financing of social security benefits in OECD member countries — Tax in Italy, 1965–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for financing of social security benefits in oecd member countries — tax in Italy is 12.47 Percentage of GDP, measured in 2024.
That represents a change of up 1.6% on the previous year and down 2.7% over ten years.
Over the whole period, financing of social security benefits in oecd member countries — tax in Italy peaked at 13.94 Percentage of GDP in 1997 and was at its lowest, 8.26 Percentage of GDP, in 1966.
Italy ranks 10th of 33 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Financing of social security benefits in OECD member countries — Tax in Italy, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1965 | 8.38 Percentage of GDP | — |
| 1966 | 8.26 Percentage of GDP | -1.4% |
| 1967 | 8.86 Percentage of GDP | +7.2% |
| 1968 | 9.42 Percentage of GDP | +6.4% |
| 1969 | 8.98 Percentage of GDP | -4.6% |
| 1970 | 9.33 Percentage of GDP | +3.9% |
| 1971 | 9.73 Percentage of GDP | +4.3% |
| 1972 | 9.86 Percentage of GDP | +1.3% |
| 1973 | 9.47 Percentage of GDP | -4.0% |
| 1974 | 9.94 Percentage of GDP | +5.0% |
| 1975 | 11.18 Percentage of GDP | +12.5% |
| 1976 | 10.58 Percentage of GDP | -5.4% |
| 1977 | 10.09 Percentage of GDP | -4.6% |
| 1978 | 10.02 Percentage of GDP | -0.8% |
| 1979 | 9.29 Percentage of GDP | -7.2% |
| 1980 | 10.86 Percentage of GDP | +16.9% |
| 1981 | 10.83 Percentage of GDP | -0.3% |
| 1982 | 11.6 Percentage of GDP | +7.2% |
| 1983 | 11.73 Percentage of GDP | +1.1% |
| 1984 | 11.28 Percentage of GDP | -3.9% |
| 1985 | 11.22 Percentage of GDP | -0.5% |
| 1986 | 11.64 Percentage of GDP | +3.7% |
| 1987 | 11.63 Percentage of GDP | -0.0% |
| 1988 | 11.46 Percentage of GDP | -1.4% |
| 1989 | 11.72 Percentage of GDP | +2.2% |
| 1990 | 11.91 Percentage of GDP | +1.6% |
| 1991 | 12.08 Percentage of GDP | +1.4% |
| 1992 | 12.25 Percentage of GDP | +1.4% |
| 1993 | 12.7 Percentage of GDP | +3.7% |
| 1994 | 12.03 Percentage of GDP | -5.3% |
| 1995 | 12.08 Percentage of GDP | +0.4% |
| 1996 | 13.66 Percentage of GDP | +13.1% |
| 1997 | 13.94 Percentage of GDP | +2.1% |
| 1998 | 11.66 Percentage of GDP | -16.4% |
| 1999 | 11.61 Percentage of GDP | -0.4% |
| 2000 | 11.36 Percentage of GDP | -2.2% |
| 2001 | 11.42 Percentage of GDP | +0.5% |
| 2002 | 11.61 Percentage of GDP | +1.7% |
| 2003 | 11.74 Percentage of GDP | +1.2% |
| 2004 | 11.84 Percentage of GDP | +0.8% |
| 2005 | 11.87 Percentage of GDP | +0.3% |
| 2006 | 11.56 Percentage of GDP | -2.7% |
| 2007 | 12.26 Percentage of GDP | +6.0% |
| 2008 | 12.69 Percentage of GDP | +3.6% |
| 2009 | 13.11 Percentage of GDP | +3.3% |
| 2010 | 12.92 Percentage of GDP | -1.4% |
| 2011 | 12.77 Percentage of GDP | -1.2% |
| 2012 | 12.91 Percentage of GDP | +1.1% |
| 2013 | 12.98 Percentage of GDP | +0.5% |
| 2014 | 12.81 Percentage of GDP | -1.3% |
| 2015 | 12.89 Percentage of GDP | +0.6% |
| 2016 | 12.67 Percentage of GDP | -1.7% |
| 2017 | 12.67 Percentage of GDP | +0.0% |
| 2018 | 12.9 Percentage of GDP | +1.8% |
| 2019 | 13.14 Percentage of GDP | +1.8% |
| 2020 | 13.49 Percentage of GDP | +2.7% |
| 2021 | 13.14 Percentage of GDP | -2.6% |
| 2022 | 12.77 Percentage of GDP | -2.8% |
| 2023 | 12.28 Percentage of GDP | -3.9% |
| 2024 | 12.47 Percentage of GDP | +1.6% |
Italy compared with similar countries
- Italy's 12.47 Percentage of GDP is above the median for Europe & Central Asia, which is 11.61 Percentage of GDP, 1.1× the median. (25 countries reporting)
- Italy's 12.47 Percentage of GDP is above the median for high income countries, which is 10.73 Percentage of GDP, 1.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.78 Percentage of GDP | 8.26 Percentage of GDP | 9.42 Percentage of GDP | 5 |
| 1970s | 9.95 Percentage of GDP | 9.29 Percentage of GDP | 11.18 Percentage of GDP | 10 |
| 1980s | 11.4 Percentage of GDP | 10.83 Percentage of GDP | 11.73 Percentage of GDP | 10 |
| 1990s | 12.39 Percentage of GDP | 11.61 Percentage of GDP | 13.94 Percentage of GDP | 10 |
| 2000s | 11.94 Percentage of GDP | 11.36 Percentage of GDP | 13.11 Percentage of GDP | 10 |
| 2010s | 12.87 Percentage of GDP | 12.67 Percentage of GDP | 13.14 Percentage of GDP | 10 |
| 2020s | 12.83 Percentage of GDP | 12.28 Percentage of GDP | 13.49 Percentage of GDP | 5 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is financing of social security benefits in oecd member countries — tax in Italy?
- Financing of social security benefits in oecd member countries — tax in Italy was 12.47 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest financing of social security benefits in oecd member countries — tax recorded in Italy?
- The highest recorded value was 13.94 Percentage of GDP in 1997.
- What is the lowest financing of social security benefits in oecd member countries — tax recorded in Italy?
- The lowest recorded value was 8.26 Percentage of GDP in 1966.
- How does Italy rank for financing of social security benefits in oecd member countries — tax?
- Italy ranks 10th out of 33 countries with data for 2024.
- Is financing of social security benefits in oecd member countries — tax rising or falling in Italy?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is rising.
- Where does this Italy data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Financing of social security benefits in OECD member countries — Tax revenue. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.