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spend 11.3% less on taxes
Austria has a top tax rate of 55.0%. In Italy, the top tax rate is 48.8%.
Austria has a top tax rate of 55.0%. In Italy, the top tax rate is 48.8%.
Austria has a GDP per capita of $49,900, while in Italy, the GDP per capita is $38,100.
In Austria, 5.5% of adults are unemployed. In Italy, that number is 11.1%.
In Austria, 3.0% live below the poverty line. In Italy, however, that number is 29.9%.
In Austria, approximately 84.3% of the population has internet access. In Italy, about 61.3% do.
Austria spends 5.4% of its total GDP on education. Italy spends 4.1% of total GDP on education.
Austria spends 11.2% of its total GDP on healthcare. In Italy, that number is 9.2% of GDP.
Italy is a sovereign country in Europe, with a total land area of approximately 294,140 sq km. Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II. An era of parliamentary government came to a close in the early 1920s when Benito MUSSOLINI established a Fascist dictatorship. His alliance with Nazi Germany led to Italy's defeat in World War II. A democratic republic replaced the monarchy in 1946 and economic revival followed. Italy is a charter member of NATO and the European Economic Community (EEC). It has been at the forefront of European economic and political unification, joining the Economic and Monetary Union in 1999. Persistent problems include sluggish economic growth, high youth and female unemployment, organized crime, corruption, and economic disparities between southern Italy and the more prosperous north.
How big is Italy compared to Austria? See an in-depth size comparison.
The statistics on this page were calculated using the following data sources: The World Factbook, Italian Revenue Agency, Federal Ministry of Finance.
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