Albania vs Italy: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Albania
- Italy
How they compare
Albania currently reports 1.83 trillion constant LCU against 1.74 trillion constant LCU in Italy, a difference of 87.04 billion constant LCU.
The two have swapped places 1 time across 46 shared years of data; in 1980 it was Italy ahead.
Globally, Albania ranks 74th and Italy ranks 77th of 197 countries.
Individual pages
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.